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Saudi-based Dar Al Majed Real Estate has increased its credit facilities with Banque Saudi Fransi (BSF) to SAR684.5 million, up from SAR550 million, to support the expansion and development of its real estate projects. The amended financing agreement will run until December 31, 2028, according to a filing on Tadawul.

Clock16/03/2026

ICC MENA Managing Director Mohamed Amer will join a panel on contractor excellence at Saudi Mega Projects 2026 in Riyadh on September 29, discussing the capabilities needed to deliver the Kingdom’s next phase of development.

A five-bedroom Palo Alto home designed by Steven Ehrlich is listed for $44 million, making it the city’s most expensive listing. Built around a dramatic concrete spine, the home features four courtyards and a pool.

Ras Al Khaimah’s property market maintained strong momentum in H1 2026, with rising prices, major developments and continued investor demand reinforcing its position as a leading UAE investment destination.

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More than 10,000 homes, an expansive central park and a mix of hospitality, retail and wellness facilities will form Azizi Developments’ first master-planned community in the emirate.

Clock21/09/2026
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