Browsing: Development

Riyadh, November 21, 2025, SPA — A memorandum of understanding (MoU) was signed to establish a strategic partnership framework between the Real Estate Development Fund (REDF), the Saudi Mortgage Guarantees Services Company (Damanat), the National Housing Company (NHC), and the Industrial and Commercial Bank of China Limited (ICBC) Riyadh branch. The MoU, signed under the patronage of Minister of Municipalities and Housing and REDF Board of Directors Chairman Majed Al-Hogail, aims to develop innovative financing and guarantee mechanisms that enable the real estate development sector to engage in EPC+F contracting with major Chinese contrac

Riyadh, November 18, 2025, SPA — As part of the memorandum of understanding signed between the Technical and Vocational Training Corporation (TVTC) in the Kingdom and the Ministry of Commerce of the People’s Republic of China, represented by the Academy for International Business Officials (AIBO), 55 TVTC staff members and leaders are participating in a workshop in Riyadh from November 18 to 27. The event reinforces the Saudi-Chinese partnership and advances the Kingdom’s training system and national competency development, in support of Vision 2030. The workshop covers key themes, including China’s national situation, ec

The flow of investment this year highlighted the acceleration of the real estate sector in Saudi and the growing interest from international players The post Cityscape Global 2025: Saudi unveils $43bn in deals as it showcases its urban future appeared first on Gulf Business.

Aster currently operates 10 hospitals, 113 clinics and 298 pharmacies in the UAE under the Aster and Medcare brands The post Aster DM Healthcare secures Dhs265m financing from EDB for Dubai expansion appeared first on Gulf Business.