PIF to revamp historic Jeddah with 9,300 homes, 1,800 hotel keys
Staff Report
Dubai, UAE
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has set up Al Balad Development Company (BDC) that will oversee the...
PIF’s FMTECH could change the region’s facilities management sector
By Ishrath Jaigirdar
Dubai, UAE
Public Investment Fund (PIF) of Saudi Arabia, one of the world’s largest sovereign wealth funds, has created FMTECH, a facilities management company, on...
IHG to open Hotel Indigo in NEOM’s Oxagon
Staff Report
Dubai, UAE
IHG Hotels & Resorts, one of the world’s leading hotel companies with 6,000 hotels across 18 brands, said it has signed a franchise agreement...
National Housing Company launches 8,000 homes in Sadayem Suburb in Jeddah
Staff Report
Dubai, UAE
Saudi Arabia-based National Housing Company (NHC) said it has launched Sadayem Suburb – a housing project – in North Obhur in Jeddah....
Saudi developer Tashyid appoints IHG to operate 12 Holiday Inn Express hotels across Saudi Arabia
Dubai, UAE
Saudi Arabia-based developer Tashyid for Hotel Operations has signed an agreement with the InterContinental Hotels Group (IHG) PLC, to operate 12 Holiday Inn Express...