News / Middle East

Dubai’s Nakheel Showcases EUR 14 bn Property Projects in Munich

Dubai-based developer Nakheel is the only Dubai developer to showcase an array of real estate projects, collectively worth EUR 14 bn, for the second consecutive year at the Expo Real 2018 real estate fair held in Munich, Germany from October 8 to 10

Lootah Real Estate Breaks Ground on New Residential Project

UAE-based modern real estate developer Lootah Real Estate Development has broken ground on "The Edge," the latest residential addition to the company's array of properties owned and developed in Dubai Investment

UAE-Based Indian Investor Unveils USD 200 mn Project in Al Marjan Island

UAE-based Indian investor Ivan Richard Menezes, director of United Ventures and Investments Limited, announced purchasing a land on the fourth island of Al Marjan Island to develop a "Santa Monica-style entertainment center" with a total investment value of USD 200 mn

Dubai’s Nakheel Launches 147 Luxury Villas at Jumeirah Park

Dubai-based developer Nakheel unveiled a new collection of 147 luxury terraced homes at Jumeirah Park, each accompanied with a private garden and swimming pool

Sawiris Rebrands Property Firm with Plans for USD 2 bn Projects

Egyptian tycoon Naguib Sawiris’ Ora Developers, formerly Gemini Global Development, has announced its official rebrand and launch, aiming to "construct USD 2 bn worth of properties across the Middle East in the next three to five years"

Radisson Hospitality Group to Invest in 10 New Hotels in Africa

Radisson Hospitality AB, a subsidiary of Radisson Hotel Group, will invest in ten new hotels across Africa, in an attempt to boost its expansion across the continent

UAE Offers Five-Year Renewable Residency for Retired Expats

The UAE cabinet has passed a law that will allow expatriates to have long-term residency visa after retirement, aiming to help prop up the country's economy and real estate market

Dubai’s Jumeirah Group Launches Luxury Hotel in China

Dubai-based hospitality company Jumeirah Group announced the launch of its newest top-notch hotel Jumeirah Nanjing in the capital of China’s eastern province of Jiangsu, capturing Nanjing’s blend of traditional and cosmopolitan style

DAMAC Launches 2nd Phase of Cavalli-Branded Villas

UAE real estate developer DAMAC Properties announced launching the second phase of its Just Cavalli Villas’ sales bookings in a three-day event at the limited-edition Just Cavalli show villa from September 15 to 17

Majid Al Futtaim to Develop Large Indoor Ski Park in China

UAE-based retail giant Majid Al Futtaim will be providing design and development consultancy services to construct the world’s largest indoor snow and ski resort in China

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