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Emaar Unveils Grande Residential Tower in Downtown Dubai

UAE-based developer Emaar Properties unveils its new Grande residences, one of the highest residential towers in Downtown Dubai

Al Manar Mall Expansion First Phase Completed

Al Hamra, one of the leading UAE companies in real estate and investment, has announced the completion of phase one of the revamped Al Manar Mall

Nakheel, Al Nasr Unite to Build New Mall in Dubai

UAE developer Nakheel is joining forces with Al Nasr Cultural and Sports Club to build a mall in Dubai in Al Khawaneej District with a cost of AED 300 mn

A.A. Al Moosa Enterprises Reveals Three New Projects Set to Open by Q1 2019

Dubai-based A.A. Al Moosa Enterprises has revealed three new projects, Hilton The Palm, TAJ Exotica Resort & Spa and Marriott the Palm, which are set to open during the first quarter of 2019

Emaar Properties Distributes USD 272 mn Dividend

Emaar Properties, has approved the distribution of USD 272 mn as dividend to its shareholders, representing 14% of the share capital at the company’s 22nd Annual General Meeting (AGM) in Dubai, UAE

Emaar, ARADA to Launch Three Hotels in Aljada in Sharjah

ARADA, a joint venture between KBW Investments and Basma Group, has signed a management agreement with Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties PJSC, to launch three new hotels in Aljada in Sharjah

Aldar Properties Raises its Foreign Ownership Limit to 49%

Aldar Properties has raised its Foreign Ownership Limit (FOL) to 49%, from the previous 40%, following shareholder approval at Aldar’s 2018 annual general meeting, Zawya reports, adding that the raise was implemented starting from April 15 by the Abu Dhabi Securities Exchange (ADX)

Kuwait’s Planned Mega Project to Spur USD 200 Bn Foreign Investment

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

Majid Al Futtaim Introduces Its First Shopping Mall in Abu Dhabi

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 to Receive USD 1.3 bn for The Avenues Riyadh Mall

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

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