Dubai records $381 million in real estate transactions

• The deals included 495 sales transactions worth AED1.15 billion on Friday, in addition to 79 mortgage deals totaling AED 297.58 million.
• The sales included 467 villas and apartments worth AED938.02 million, and 28 land plots worth AED208.93 million.

Saudi tourism magnets: Oasis, bustling cities

• Masmak Fortress in Riyadh, another major attraction, was once the home of the Saudi royal family. It is now a museum that tells the story of the founding of the Kingdom.
• The once-closed Kingdom has relaxed some of the country's social and religious laws, making it easier for tourists to visit.

PIF, ADQ show highest improvement in GSWF sustainability rankings

• Global SWF said it observed a very significant increase in the overall score across funds from 59 percent in 2022 to 63 percent this year.
• PIF, Abu Dhabi’s Mubadala and ADQ, Qatar’s QIA, and Bahrain’s Mumtalakat have embraced the rating tool and taken the opportunity to improve practices.

ADNOC Gas awards $1.34bn contracts

• This expansion project, known as the sales gas pipeline network enhancement (ESTIDAMA) program, aims to extend ADNOC Gas' existing pipeline network.
• The ESTIDAMA program comprises multiple packages, with the first package awarded in 2021 for early modification works on existing pipelines, which were completed in 2023.

Saudi tourism on growth path despite hiccups

• The $500 billion development on the Red Sea coast, which will include luxury resorts, residential developments, and a nature reserve, is one of the key tourism projects.
• The Kingdom is also developing the UNESCO World Heritage Site of AlUla into a major tourist destination.

Iraq’s oil export revenues in June hit $7 billion, says SOMO

DEWA develops gateway connecting terrestrial sensors to satellites

• The gateway was developed by DEWA's Research and Development (R&D) Centre as part of the Space-D program.
• The device complies with international IoT device security standards, including OT security, the statement reads.

Hajj pilgrims continue rituals on third day of Eid Al-Adha in Mina

• Upon completion of the stoning of satan ritual, the faithful were moving towards the Grand Holy Mosque for the farewell circumambulation.
• Bahrain’s Minister of Information, Ramzan bin Abdullah Al-Noaimi, has praised the successful execution of this year’s Hajj season.

Arab world expresses outrage over Quran desecration in Sweden

• The organizations emphasize the importance of respect for human rights and all religious beliefs.
• The UAE's Ministry of Foreign Affairs summons Swedish envoy to lodge protest and condemnation.

Petrofac Emirates awarded $700m ADNOC Gas Procession EPC contract

• The contract was awarded to Petrofac Emirates and involves the construction of a new gas compressor plant, aimed at bolstering gas output from the Habshan Complex.
• The new plant, expected to play a pivotal role in increasing gas production, will consist of three gas compressor trains, as well as associated utilities and power systems.