Abu Dhabi Executive Council has approved to disburse AED 5.5 billion worth of housing loans, houses, and residential plots to more than 5,500 nationals within the UAE capital

New Urban Communities Authority (NUCA) has inked a partnership contract worth EGP 1.3 bn with Al Manara for Urban Development to establish “Green Land” compound in the 6th of October city, west Cairo

Abu Dhabi-based Imkan has joined forces with Nael and Bin Harmal Hydroexport Establishment (NBHH) to begin construction work for the first phase of AlJurf on Sahel Al Emarat in Abu Dhabi, UAE.

Imkan has appointed the internationally esteemed Chinese construction company CNTC as the main contractor for its Pixel project on Reem Island in Abu Dhabi, UAE.

Kuwait has announced plans to establish an integrated flagship project that will open new investment opportunities for the tourism, hospitality and leisure sectors

Dubai-based Majid Al Futtaim (MAF), a leading shopping mall, retail, and leisure pioneer across the Middle East, Africa, and Asia, has officially introduced its first shopping mall in Abu Dhabi and the company’s largest community mall in the UAE, My City Center Masdar

Kuwait's Mabanee will sign an agreement of more than USD 1.33 bn with a consortium of Saudi, United Arab Emirates, and Kuwaiti banks to finance the development of The Avenues Riyadh shopping mall in Saudi Arabia

MAG Robotic Investments has signed an agreement with UAE-based Emaar Properties, an international property developer, to develop a fully-automated parking facility on a build-operate-transfer (BOT) basis at Dubai Marina

Fifteen construction companies in Kuwait are expected to declare bankruptcy soon due to lack of liquidity and hence inability to fulfill their financial commitments to complete suspended projects for over three years

UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a law to establish the Abu Dhabi Development Holding Company (ADDHC) as a public joint stock company