News / Middle East

Lootah Real Estate to Establish Residential Project in Dubai South

Emirati real estate developer, Lootah Real Estate Development, enters a joint venture (JV) with Dubai South city for a new residential project, Invest-Gate reports.

Saudi Contractors Authority Plans to Organize Construction Sector 

The Saudi Contractors Authority prepares to launch a project aimed at organizing the construction sector's companies and activities, Al Eqtisadiah newspaper reports.

Souq Okaz Layout Plan Finalized

The Saudi Commission of Tourism and National Heritage (SCTH) finalized the framework for a 10 mn square-meter project in Taif, Saudi Arabia, the Saudi Press Agency (SPA) reports.

Bids Open for Saudi’s State Power Firm to Build, Operate Water Desalination Plant

Saudi Arabia's Water and Electricity Co.(WEC) invites expressions of interest in a project to develop a reverse osmosis desalination plant in Rabigh, Reuters reports.

Select Group Awards Main Contract for Jumeirah Living Marina 

UAE-based property developer, Select Group appoints contractor ALEC for the main works of its flagship waterfront development in Dubai Marina, Invest-Gate reports.

AccorHotels Launches New Hotel in Bahrain

AccorHotels opens its newest property in the Middle East in partnership with developer and asset manager Action Hotel, Invest-Gate reports.

Majid Al Futtaim to Establish 1st City Center Mall in Abu Dhabi

Dubai-based developer, Majid Al Futtaim, announces the first City Center Mall in Abu Dhabi, Invest-Gate reports.

Work to Start on UAE’s Smart Logistics City in 2018

A deal was inked to support the development of a-new- 68,000- square- meter- logistics city in Fujairah, WAM news agency reports.

Arabtec Secures USD 171 mn Contract from DAMAC in Dubai

United Arab Emirates-based contractor Arabtec Construction has been awarded a AED 628 mn UAE (USD 171 mn) contract from Dubai-based developer DAMAC Properties to design and build new villas at its Akoya Oxygen project, Invest-Gate reports.

JadoPado Founder Launches Dubai Real Estate Blockchain Startup Esanjo

Omar Kassim, the Dubai-based founder of online marketplace JadoPado, launches a new startup that aims to facilitate real estate transactions using blockchain technology, Reuters reports.

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