Zainab Fattah

(Bloomberg) -- Abu Dhabi's largest property developer is planning a 1.8 billion dirham ($480 million) project that will include homes, offices and retail locations in neighboring Dubai as it aims to capitalize on rising demand in the Middle East's tourism and business hub.

Abu Dhabi’s largest property developer is planning a 1.8 billion dirham ($480 million) project that will include homes, offices and retail locations in neighboring Dubai as it aims to capitalize on rising demand in the Middle East’s tourism and business hub.

The extent of Dubai’s post-pandemic rebound was on display late last month. On the same day that Africa’s richest man unveiled plans to set up his family office, Santander Group became the latest firm to bolster its wealth offering in the emirate.

Nick Candy, one of the developers behind London’s One Hyde Park, is aiming high in the Middle East.

The second of Dubai’s iconic palm tree-shaped islands will soon be home to hundreds of luxury villas after the archipelago’s developer gave three contractors the greenlight to begin construction on the homes.

The second of Dubai's iconic palm tree-shaped islands will soon be home to hundreds of luxury villas after the archipelago's developer gave three contractors the greenlight to begin construction on the homes.

Saudi Arabia is preparing to begin construction work on its next giga-project: a cube-shaped skyscraper big enough to fit 20 Empire State Buildings.

A string of overwater bungalows set above turquoise water. Balconies overlooking a splashy F1 racetrack. An infinity pool stretching into a tranquil desert.

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Saudi Arabia will need to build 115,000 homes each year for the next six years to fulfill demand from a young population and hit ownership targets set by the oil-rich nation's government, according to Knight Frank LLP.