Ascott Opens Over 56% More Units In H1 2022 Across 20 New Properties

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) has opened 20 properties with more than 4,500 units in H1 2022, a 56% year-on-year (y-o-y) increase in units. In addition, Ascott has recently completed its acquisition of Oakwood Worldwide (Oakwood) in July 2022, expanding its portfolio by about 15,000 units, to

SmartCrowd secures CMA license to expand into Saudi Arabia

SmartCrowd Holdings, a regional pioneer in fractional real estate investments, has been granted a FinTech experimental license by the Saudi Capital Markets Authority (CMA). SmartCrowd is currently working on completing business requirements for the upcoming launch of its Real Estate Funds Distribution Platform, making alternative assets accessible to the general public within Saudi Arabia soon.  Saudi Arabia’s

inspireU

stc Group’s inspireU entrepreneurs support program announced the selection of incubated projects in the final phase of the 9th intake. The program embraced 18 projects, including Spoilz games provides services to game developers, win provides the sale and purchase of surplus industrial inventory of oil and petrochemical products between industrial companies, Sirdab serves business owners to

Smart Device Penetration Surges In The Middle East By 23% YoY

In response to the growing demand for mobile-focused digital transformation in the Middle East, mobUX, the leading mar-tech digital platform for mobile experiences, is expanding its presence to the region. The company will be supporting businesses in the Middle East, where the current smart device penetration is only 40%, to connect with their consumers through unique

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