News tagged "Saudi arabia"

Hilton expands reach in Saudi Arabia with nearly 2,000 rooms

Hilton expands reach in Saudi Arabia with nearly 2,000 rooms

11th April 2019

According to *Constructionweekonline news report, American hotel giant Hilton has expanded its reach in Saudi Arabia, adding nearly 2,000 rooms in the kingdom through its latest management agreement with Umm Al Qura for Development and Construction Company.[..]

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Class action lawsuit against members of Mohammad Al-Mojil Group (MMG)

Class action lawsuit against members of Mohammad Al-Mojil Group (MMG)

9th April 2019

According to *Constructionweekonline news report, Saudi Arabia’s financial regulator has accepted a request to register a class action lawsuit against members of Saudi Arabia's Dammam-based contractor Mohammad Al-Mojil Group (MMG), in relation to the group's 2008 initial public offering (IPO) on the kingdom's bourse, Tadawul.[..]

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Demand for Jeddah’s residential sector expected to gain momentum, says JLL

Demand for Jeddah’s residential sector expected to gain momentum, says JLL

8th April 2019

According to *MENA Herald news report, with the Saudi government’s ongoing commitment to boosting home ownership amongst local residents, demand for Jeddah’s residential sector is expected to gain momentum, highlights JLL’s Q1 Jeddah Real Estate Market Overview report, launched at Cityscape Jeddah today.  This comes as the Kingdom aims to increase the real estate sector’s contribution to GDP to 10% by 2020, up from 5%.[..]

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