Author: Arabian Media staff
image: AD Ports Group AD Ports Group said on Thursday it has agreed to sell its 9.77 per cent stake in NMDC Group to Alpha Dhabi Holding for Dhs1.6bn ($436m). The port operator received the stake ahead of NMDC’s listing in February 2022 from Abu Dhabi Developmental Holding Company – ADQ. In less than four years, the investment delivered a total shareholder return of 17 per cent, based on dividends received and capital gains, using book value as of Q3 2025 as a reference. The divestment forms part of AD Ports Group’s plan to monetise non-core assets when market conditions…
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Anis Al Habshi, vice president of Arabian Dyar, speaking to Gulf Business As Saudi Arabia accelerates the transformation of its holy cities under Vision 2030, developers are redefining what urban living, mobility, and community experiences will feel like for millions of Muslims visiting Makkah each year. Among the early movers shaping that future is Arabian Dyar, the developer behind Dayar Al-Haram — a multi-phase residential and mixed-use destination within Masar, the 3.5-kilometre urban spine being built by Umm Al-Qura. Speaking at Cityscape Global 2025, Anis Al Habshi, vice president of Arabian Dyar, reflected on the company’s long-term commitment to the…
In a world where business rarely pauses, the Polo Classic Cup offers something increasingly rare: a moment for global leaders to slow down, connect with intention, and build relationships that endure far beyond the event itself. Debuting this December at the Emirates Palace Mandarin Oriental Abu Dhabi, the Polo Classic Cup serves as the ADFW Speakers’ Welcome — a curated gathering designed to unite C-suite executives, investors, family offices, policymakers, and international guests in a refined, high-touch environment. Set against the grandeur of one of the region’s most iconic hotels, the event seamlessly blends Arabian hospitality with a sport rooted…
Cityscape Global has rapidly evolved into one of the most influential real estate platforms in the world, mirroring the scale and ambition of Saudi Arabia’s Vision 2030 transformation. At the centre of this growth is Tahaluf, the organiser behind the mega-event’s expansion in size, scope and economic impact. Speaking with Gulf Business at Cityscape Global 2025, Rachel Sturgess, senior vice president at Tahaluf, outlined the indicators of success shaping this year’s edition — from record-breaking deal value to new sector pavilions, networking formats and long-term industry initiatives. The momentum was clear from day one. “What we did announce on the…
As Saudi Arabia pushes ahead with one of the world’s most ambitious housing programmes, the National Housing Company (NHC) has emerged as a central driver of the Kingdom’s built-environment transformation. Speaking with Gulf Business at Cityscape Global 2025, Mohammed Albuty, chief executive officer of NHC, detailed how the company is scaling at unprecedented speed — from unit delivery and community design to global partnerships and supply chain localisation — all in support of Vision 2030’s economic and social targets. Albuty began by setting the broader context for NHC’s expanding mandate. “NHC currently is playing more than a real estate developer…