Tag: rental

Lumi Rental profit rises 10% in 2025 on leasing growth, stronger pricing 

RIYADH: Saudi Arabia’s Lumi Rental Co. posted a 9.9 percent rise in 2025 net profit to SR198.1 million ($52.81 million) as higher leasing revenue and improved...

Riyadh leads Kingdom’s industrial rental growth in first quarter

Warehouse demand in Riyadh is increasingly shifting toward specialized facilities: Knight Frank RIYADH: Strong demand for warehouse space saw occupancy levels reach 98 percent in Riyadh...

Riyadh leads Saudi Arabia’s industrial rental growth with 9.3% jump in Q2 

RIYADH: Riyadh’s industrial and logistics sector recorded an annual rental growth of 9.3 percent in the second quarter of 2025, reinforcing the Saudi capital’s...

Don't miss

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...