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Omran, Majid Al Futtaim Lays Foundation Stone for Muscat’s “City for the Future”

Oman Tourism Development Company (Omran), the tourism arm of Oman's government, and UAE's retail giant Majid Al Futtaim hosted a ceremony on November 14 to lay the foundation stone for Madinat Al Irfan, Muscat’s new "City for the Future"

Dubai is Set to Become “Global Yachting Capital”

Dubai-based conglomerate Meraas, in partnership with global investment company Dubai Holding, signed an agreement with D-Marin, operator of the largest chain of marinas in the Eastern Mediterranean, to establish Dubai as a global capital for luxury yacht marinas

Saudi Arabia, CyBe Set Up Region’s First 3D Printed House

Saudi Arabia's National Housing and Industrial Development and Logistics Program has successfully built the region's first 3D printed house in the capital Riyadh, in partnership with Dutch company CyBe, a pioneer in the field

Bank Audi, EBRD Earmark USD 200 mn for Green Projects in Lebanon

The European Bank for Reconstruction and Development (EBRD) and Bank Audi are joining forces to finance USD 100 mn each for funding potential Lebanese green projects

Omran, DAMAC Jointly Start Groundwork for Transformation of Oman’s MASQ

Oman-based developer Oman Tourism Development Company (Omran) and Dubai’s real estate developer DAMAC Properties have jointly started the groundwork for the transformation of Oman's historical Mina Al Sultan Qaboos (MASQ) port into a USD 2 bn integrated waterfront destination

Asteco Introduces Direct Debit Payment Service for UAE Tenants

UAE's property services company Asteco has launched a digital payment service that allows its tenants to pay their rent through direct debit, in a bid to increase efficiency, enhance the ease of doing business, and help customers save time

New Women-Only Theme Park Opens in Saudi Arabia

Saudi-based Al Hokair Entertainment, a subsidiary of Al Hokair Group, has announced the opening of AlHokair Time AlAzizyah in Al-Khobar city, a theme park for women only

Emaar Development Releases Last Units in Dubai’s Arabian Ranches II

UAE-based Emaar Development has launched the new Camelia townhouses in its gated community Arabian Ranches II in Dubai as a property ideal for families and investors seeking long-term returns

DAMAC Awards Arabtec AED 299 mn Akoya Oxygen Contract

UAE-based construction company Arabtec Construction, a subsidiary of Arabtec Holding, has been awarded an AED 299 mn contract to build 478 luxury villas for DAMAC Properties' master-planned AKOYA Oxygen community in Dubailand

Dubai’s Nakheel Breaks Ground on AED 713 mn Dragon Towers

Dubai-based property developer Nakheel has broke ground on its AED 713 mn Dragon Towers project in the Dragon City mixed-use community in Dubai

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