Kuwait City - Nov. 9, 2025. Mabanee Company has expanded financing for The Avenues – Riyadh, securing $1.6 billion (SAR 5.83 billion) to fast-track the landmark mixed-use project in Saudi Arabia’s capital ahead of its Q4 2026 opening.
Riyadh, the capital of Saudi Arabia, is rapidly transforming into a major global city that stands out in the Middle East. With ambitious development plans, robust economic diversification, and an increasing focus on culture and technology, Riyadh is positioning itself as a central hub for business, innovation, and tourism. This article explores the key factors that contribute to Riyadh's emergence as the next global city in the region.
Dubai’s housing market is still busy—but it’s starting to behave like a grown-up. Completions are picking up, off-plan sales remain dominant, and rent growth has cooled from the breakneck pace of 2022–24. Several researchers now flag “moderation” across select communities, even as overall demand stays firm.
