News / Middle East

DXB Entertainments Takes Out AED 245 mn Loan

Dubai-based theme parks operator, DXB Entertainments, reached an agreement for a loan on September 20

Nakheel Assessing 10 Construction Bids for New Resort

Master developer Nakheel is assessing 10 proposals for the construction of an-800-room- beachfront resort on Deira Islands, with the lowest bid at AED 363 mn

Damac’s Hospitality Unit Launches New Hotel

Damac Hotels and Resorts, the hospitality arm of UAE’s developer Damac Properties, officially launches a new five-star hotel

Seven Tides Breaks Ground on SE7EN Residences the Palm

UAE-headquartered property developer Seven Tides reveals it broke ground on a- two-tower- residential development

Saudi’s KHC Sells 90% Stake in Four Seasons Langkawi

Saudi Arabia’s Kingdom Holding Company (KHC) announced on September 17 it sold a majority stake in a Malaysian hotel

Azizi Developments Records AED 1.3 bn Sales at Cityscape Global

UAE’s real estate developer Azizi Developments has achieved sales of AED 1.3 bn at Cityscape Global 2017

Dubai Launches World’s Largest CSP Solar Project

Dubai will implement the world's “largest” concentrated solar power (CSP) plant

MR Properties to Develop 2nd Hotel at Al Marjan Island

UAE’s developer Mohamed Ruqait (MR) Properties announced a new four-star beachfront property at Cityscape Global 2017

Majid Al Futtaim Plans for Mixed-Use Community in Dubai

Dubai-based retail and leisure developer Majid Al Futtaim revealed plans at Cityscape Global 2017 to develop a new mixed-use community in Dubai

Shuaa Capital Reveals New Skyscraper in Dubai

The UAE’s integrated financial services firm Shuaa Capital unveils plans for a new skyscraper at Cityscape Global 2017

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