News / Middle East

Eshraq Awards Deal for Marina Rise Project 

UAE developer Eshraq Properties Company awarded a contract for a project in Abu Dhabi, Invest-Gate reports.

Emaar Malls Posts Profits of AED 482 mn in Q2 

Emaar Malls posts net profits of AED 482 mn in the second quarter of 2017, a rise of 5.2% from AED 458 mn in the prior-year period, Invest-Gate reports.

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.

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