King Salman bin Abdulaziz Al Saud has opted for a staycation at the $500bn NEOM megaproject in the country’s northwest region along the Red Sea
Source: New feed

Under the franchise agreement, effective Tuesday, the three hotels at the Al Habtoor Group hotel development will be rebranded to align with Hilton’s various collections
Source: New feed

High-end property developer Dar Al Arkan’s quarterly net profit rose by 892% on the back of increased real estate sales
Source: New feed

Abu Dhabi City Municipality is testing how drones can help to improve the quality and efficiency of construction monitoring and inspection
Source: New feed

The 6,000sqm fire at Al-Naeem Junkyard was put out by seven teams that faced challenges such as site violations, high winds, and tight spaces
Source: New feed

All of the UAE-based firm’s business lines reported revenue increases in H1 2018, helped in part by the group’s ongoing diversification and expansion efforts
Source: New feed

The amount is part of the kingdom’s Local Lending Program, and will support health, education, and hospitality projects that have an investment value of $413m
Source: New feed

The US professional services consultancy expects the $400m deal, financed by an underwritten loan from the Canadian Imperial Bank of Commerce, to close in Q4 2018
Source: New feed

Kuwait’s $16bn Al Zour Refinery will have the largest refining capacity in the Middle East
Source: New feed

Majid Al Futtaim has been advised by global law firm Clyde & Co on the sale of two of its City Centre Clinics, according to reports on Tuesday
Source: New feed