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
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
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
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
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-based property developer Nakheel has broke ground on its AED 713 mn Dragon Towers project in the Dragon City mixed-use community in Dubai
Dubai’s real estate market logged 39,802 transactions worth AED 162 bn during the period from January to September 2018, reflecting a continuous growth driven by optimism among investors and developers
Dubai-based developer Emaar has launched newest residential units -"Breeze"- at the Creek Beach district, a first-of-its-kind urban beach in the heart of Dubai Creek Harbour
Marriott International expects to end 2018 with the addition of 11 new properties and over 2,600 guestrooms added to its UAE portfolio, alongside a robust development outlook over the next five years
Saudi Arabia, Kuwait, and UAE have signed on October 4 a financial support agreement worth USD 10 bn with Bahrain to aid the country's funding requirements as it embarks on a fiscal program aimed at eliminating its budget deficit by 2022
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