Emirates NBD, a leading Dubai-based bank, has concluded financing an amount of USD 354 mn for United Engineering Construction Company (UNEC) to be used in construction work on Nakheel’s Deira Mall project
The growing Saudi real estate financing sector is expected to hit USD 133 bn by 2020 from the current USD 77 bn
Sharjah Investment and Development Authority (Shurooq) has signed a strategic partnership deal with Kuwaiti real estate group Mabanee to develop a premium tourist and leisure project
Dubai’s real estate developer Azizi Developments plans to build a mega structure along Shaikh Zayed Road in the summer of 2018
Dubai real estate prices may drop by 10 to 15 percent over the next two years due to the rising supply, the introduction of value added-tax in the United Arab Emirates (UAE), besides, the current geopolitical risks, S&P Global Ratings’ analysts said
Deira Mall will have more than 1,000 shops, cafes, restaurants and entertainment outlets across 4.5 mn square feet of leasable space, and a 3.8 mn square feet multi-storey car park
Riyadh Outlet Village will comprise a traditional Saudi souq (marketplace) where Saudi designers and skilled artisans would display their products.
Damac Properties, a real estate developer based in Dubai, has recorded a 4% increase in its revenues to stand at AED 7.5 bn (USD 2.04 bn), as well as a 25% decrease in its net profit to reach AED 2.8 bn (USD 762 mn) in 2017
Emaar Entertainment, the leisure and entertainment subsidiary of Emaar Properties, unveiled a first-of-its-kind attraction – VR Park
UAE developer Nakheel has awarded a contract worth AED 79.7 mn to Ghantoot Gulf Contracting to build the exclusive beachfront facility on Dubai’s Palm Jumeirah
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