Azizi Developments announces sales launch for its new landmark, Burj Azizi, the world’s second-tallest tower

 Dubai, United Arab Emirates, 18 February 2025:  In a major step forward for Azizi Developments, Dubai’s leading private developer, Burj Azizi, the world’s second tallest tower at 725 meters, is now being launched for sales.  The project is seen as a historic milestone for the real estate developer – tantamount to the realization of a long-cherished dream by its Founder and Chairman, Mr. Mirwais Azizi. 

Today, the 18th of February 2025, a major unveiling event is being held at the Coca Cola Arena, Dubai, to celebrate the occasion. The event will bring together over 15,000 guests from different walks of life, including government officials, investors and business leaders, diplomats, media representatives and influencers, and feature a major performance by American superstar Jennifer Lopez. 

Mr. Andrea Nucera, Managing Director of Reportage Group, Signs Landmark AED 1 Billion MOU with RUDA to Transform Pakistan’s Real Estate Landscape

Uae, 18 February 2025: In a historic step towards transforming Pakistan’s urban landscape, Reportage Group has joined forces with RUDA to introduce world-class real estate developments. The partnership, led by Mr. Andrea Nucera, Managing Director of Reportage Group, and Mr. Imran Amin, CEO of RUDA & CBD, was formalized in Abu Dhabi, marking a new era of growth for Pakistan’s property sector.

With a AED 1 billion investment, this collaboration will introduce a vibrant blend of high-rise towers and townhouses, first in Lahore, followed by significant expansions in Islamabad and Karachi. It aims to meet the country’s growing housing demand while redefining modern urban living standards.

At the heart of this vision is Reportage Skyline Towers, launching on February 22, 2025, within Chahar Bagh RUDA—the world’s largest riverfront city. Designed to offer an international-standard residential experience, the project will redefine Lahore’s skyline and elevate the city’s real estate landscape.

ICC AND SOBHA REALTY ANNOUNCE MAJOR GLOBAL PARTNERSHIP

 

• International luxury real estate brand becomes Global Partner for ICC Men’s events
• Partnership spans various in-stadia, broadcast and digital rights, starting with the ICC Men’s Champions Trophy 2025, which begins on 19 February

Dubai, UAE – 17 February 2025: The International Cricket Council (ICC) today announced a major new partnership in which the international luxury real estate brand Sobha Realty has become a Global Partner for ICC Men’s events.

The partnership will showcase Sobha Realty’s meticulous attention to detail and will draw synergies with the moments of brilliance that are synonymous with ICC pinnacle events. It reinforces Sobha Realty’s position as a leading global real estate player, reflecting a shared pursuit of excellence, precision, and global influence.

EMSTEEL delivers AED 8.3 billion in revenue for 2024

 Abu Dhabi, United Arab Emirates, 12 February 2025: EMSTEEL (ADX: EMSTEEL) (“the Group”), one of the largest publicly traded steel and building materials manufacturers in the region, announced today its preliminary (unaudited) financial results for Full Year 2024. The results highlight EMSTEEL’s ability to perform well whilst facing difficult market conditions.

 Financial highlights for 2024:

• During 2024, EMSTEEL maintained overall steel production volumes in line with the level attained during 2023. The Group delivered total revenues of AED 8.3 billion, approximately 6% lower than the AED 8.9 billion reported for 2023. This decrease in revenue is due to various factors, including fluctuations in global steel prices, increased competition, and changing demand trends driven by economic uncertainties in key markets.

DIFC introduces new PropTech solution, boosting Dubai’s appeal as a leading property investment destination

 

• Further enhances Dubai’s reputation as a global hub for technology and innovation
• Aligns with Dubai Real Estate Sector Strategy 2033 objectives and Dubai Digital Strategy
• Keyper, Dubai’s pioneering PropTech company, becomes first subscriber and creates go-to digital resource for all essential residential property data within the financial district

Dubai, UAE; 12 February 2025: Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has launched a new technology solution that enables third parties to access data on its real estate landscape.

TASARU, Bahri, and Mosolf Group Join Forces to Deliver Comprehensive Automotive Logistics for the Kingdom

 

• TASARU, Bahri, and Mosolf Group have formed a strategic JV in Saudi Arabia to deliver comprehensive automotive logistics solutions in the Kingdom and address market gaps.
• TASARU will provide capital investment, Bahri will manage shipping with its extensive maritime logistics experience and local market expertise, and Mosolf Group will offer technical know-how from its European automotive logistics operations.

12, February, Riyadh, Saudi Arabia: TASARU Mobility Investments (“TASARU”), a prominent investment entity wholly owned by the Public Investment Fund (“PIF”) of Saudi Arabia, has launched a strategic joint venture (“JV”) in collaboration with Bahri, the National Shipping Company of Saudi Arabia, and MOSOLF Group, a leading European provider of automotive logistics and technology solutions. This joint venture aims to deliver comprehensive and innovative logistics solutions tailored to meet the needs of the automotive and mobility sectors in Saudi Arabia. It embodies the concept of sustainable logistics innovation by leveraging advanced technologies and developing infrastructure that supports the transformation of the automotive and mobility landscape. ​

ZainTECH CloudHub sets new Standard with outstanding NCA Compliance Results in Saudi Arabia

 

• Reinforcing leadership in secure, innovative cloud solutions that empower businesses to thrive in an evolving digital landscape
• One of select providers across the Kingdom to earn the prestigious Class C Certification

Riyadh, KSA, 11 February 2025 – ZainTECH, the integrated digital solutions provider of Zain Group, has achieved a significant milestone with its CloudHub platform, successfully completing a rigorous audit by the National Cybersecurity Authority (NCA) in the Kingdom of Saudi Arabia. The platform achieved exceptional compliance scores of 98% for Essential Cybersecurity Controls (ECC) and 92% for Cloud Cybersecurity Controls (CCC), making ZainTECH one of fewer than 20 providers across the Kingdom to earn the prestigious Class C Certification.