Business & Money | Wednesday 30 September, 2026 7:42 pm

Grova Developments Awards Hassan Allam Construction USD 1 Billion Contract to Deliver Grova Westfields in West Cairo

Grova Developments, the real estate development arm of Hassan Allam Holding, has appointed Hassan Allam Construction to deliver Grova Westfields in West Cairo under a contract valued at USD 1 billion. Building on the success of Grova EastHills in East Cairo which saw Phase One fully sold out, Grova ...

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Business & Money | Wednesday 30 September, 2026 7:39 pm

Saudi Arabia estimates 2027 revenue at SAR 1.20T, spending at SAR 1.39T

Saudi Arabia’s Ministry of Finance released its preliminary 2027 budget estimates, projecting revenue of SAR 1.20 trillion and expenditure of SAR 1.39 trillion, with a deficit of SAR 190 billion. Actual Revenues & Expenditure of Saudi Arabia's Budget...

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Business & Money | Wednesday 30 September, 2026 5:35 pm

Riyadh Takes Center Stage as Global Energy Heavyweights Gather for the 25th WPC Energy Congress

HRH Prince Abdulaziz bin Salman bin Abdulaziz to open flagship energy congress at Riyadh RFECC; five-day programme will tackle energy security, global markets, AI, investment and the future of energy. In less than a month, the 25th WPC Energy Congress will begin, bringing energy ministers,...

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Business & Money | Wednesday 30 September, 2026 5:22 pm

MESC renews SAR 150M banking facilities with Al Rajhi Bank

Middle East Specialized Cables Co. (MESC) signed an agreement with Al Rajhi Bank to renew Shariah-compliant banking facilities worth SAR 150 million, the company said in a statement to Tadawul on Sept. 30. MESC said the financing is secured by a promissory note worth SAR 153.46 million and the ...

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Business & Money | Wednesday 30 September, 2026 1:23 pm

Alfanar Projects Announces 5+ Million Safe Man-Hours at SEVEN’s Jazan Entertainment Complex Project

Reflecting the company’s ongoing dedication to excellence in occupational health and safety across its operations, Alfanar Projects announced the milestone of 5+ Million Safe Man-Hours at the Saudi Entertainment Venture’s (SEVEN) Jazan Entertainment Complex project. Following this...

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Business & Money | Wednesday 30 September, 2026 10:41 am

Retail Congress MENA 2026 to bring the Region’s Retail leaders to Dubai this October

The Middle East Council of Shopping Centres & Retailers (MECSR) will bring together the region's leading retail, shopping centre and real estate professionals for Retail Congress MENA 2026, taking place October 5–6 at The Ritz-Carlton, DIFC, Dubai. Held under the theme "Level Up:...

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Business & Money | Wednesday 30 September, 2026 10:39 am

Student accommodation and senior living among key assets shaping GCC’s future real estate market – Cavendish Maxwell

Student accommodation and senior living concepts are key to shaping the GCC’s real estate sector over the next decade, according to leading real estate advisory and property consultancy, Cavendish Maxwell.  These and other concepts like serviced living, co-living, private clubs, shared...

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Tourism & Hospitality | Wednesday 30 September, 2026 10:35 am

Aleph Hospitality signs nine hotels with over 1,300 keys year to date

 Aleph Hospitality, the largest independent hotel management company in the Middle East and Africa, has secured 1,330 keys so far this year, across nine properties in six countries.  With a portfolio of more than 50 hotels in 38 cities across 24 countries, representing over 7,000...

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Tourism & Hospitality | Tuesday 29 September, 2026 11:22 am

Aleph Hospitality accelerates Dubai expansion with the management of the landmark Mövenpick Grand Al Bustan

Aleph Hospitality, the largest independent hotel management company in the Middle East and Africa, has officially taken over operation of the landmark hotel Mövenpick Grand Al Bustan.  The transition, effective since 1 July 2026, solidifies a rapidly growing partnership. The Mövenpick...

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Tourism & Hospitality | Tuesday 29 September, 2026 9:44 am

FHS WORLD 2026 OFFICIALLY OPENS IN DUBAI

Future Hospitality Summit – FHS World 2026 has officially opened in Dubai today, with an esteemed line up of speakers addressing 1,000 delegates from 50 countries across the globe on the first day of the Middle East’s most influential hospitality investment forum. The 2026 edition of FHS...

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