Browsing: News

Select Group, a leading global real estate investment and development company headquartered in Dubai, has begun handover of the luxurious, waterfront development No.9 in Dubai Marina.

With a gross development value of AED 520 million and built up area of 500,000 square feet, the development is spread over 34 floors with a total of 223 unit

According to the latest Savills report, recent tourism growth in Saudi Arabia has been driven by three key demand pools – leisure, pilgrim and corporate visitors. Indeed, according to the most recent annual statistics, travel and tourism accounts for 9.4% of KSA’s total GDP, with traveller expenditure growing by 10.5% annually ($14.8bn). As the country diversifies its economy, in line with the Vision 2030 plans, international arrivals are due to increase on average by 4% per annum according to the World Travel and Tourism Council (WTTC), reaching figures of 22.1m by 2025.

ntersec 2019 takes place amid a Middle East market where demand for security, safety, and fire protection continues to climb. Andreas Rex, Intersec’s show director, said: “The Middle East market for physical and perimeter security, commercial and information security, fire protection, and drones, is currently estimated to be worth US$14.5 billion. Analysts say this will grow at a compound annual growth rate of 13.5 percent over the next six years, valuing US$31 billion in 2024.