Aldar Reveals Updates on Master-Planned Community in Abu Dhabi

• Monday, 19th June 2017
• by Menna A. Farouk

Construction works at the master-planned community of UAE’s developer Aldar Properties in Reem Island, Abu Dhabi is going at a “steady pace”, Invest-Gate reports.  

Saudi Construction Market Set to Grow to USD 98.8 bn by 2025

• Monday, 19th June 2017
• by Menna A. Farouk

Multinational research firm BMI Research expects the Saudi construction market to reach a record growth of SR 362 bn in 2025, from SR 170 bn in 2016, Invest-Gate reports.

Arabtec BoD to Meet over Recapitalization Program June 19

• Monday, 19th June 2017
• by Menna A. Farouk

Dubai’s developer Arabtec Holding is to hold its BoD meeting on June 19 to discuss updates on its recapitalization program, Invest-Gate reports.  

Emaar to Operate Jabal Omar’s Mecca Hotel in 2019

• Monday, 19th June 2017
• by Menna A. Farouk

UAE-based Emaar Hospitality Group’s hotel brand, Address Hotels and Resorts, signs a deal with Jabal Omar Development Company (JODC) to operate a new hospitality project in Mecca, Saudi Arabia, Invest-Gate reports.  

Next Phase of White Land Tax in Saudi Not Before 2020

• Sunday, 18th June 2017
• by Menna A. Farouk

The next phase of Saudi Arabia's white land tax will not be rolled out before 2020, Reuters reports.

Nakheel Calls for Construction Proposals for New Mall

• Sunday, 18th June 2017
• by Menna A. Farouk

Dubai’s developer Nakheel releases a construction tender for its Nad Al-Sheba Mall in Dubai, Invest-Gate reports.

Dubai Properties Begins Work on Marasi Business Bay Marina

• Sunday, 18th June 2017
• by Menna A. Farouk

UAE’s real estate developer Dubai Properties breaks ground on newest marina worth AED 1 bn in Dubai, Invest-Gate reports.

Dubai’s Azizi Developments Releases New Residential Project

• Wednesday, 14th June 2017
• by Menna A. Farouk

Dubai’s property developer Azizi Developments unveils its second residential building in Dubai Healthcare City, following the success of Azizi Aliyah, Invest-Gate reports.

UAE’s Eshraq Properties Exits Stake in Ward Holdings for AED 68 mn

• Wednesday, 14th June 2017
• by Menna A. Farouk

Abu Dhabi’s real estate developer Eshraq Properties is to divest its entire stake in UK real estate company Ward Holdings, Invest-Gate reports.

Eagle Hills to Build New Hotel in Fujairah

• Monday, 12th June 2017
• by Menna A. Farouk

The Abu Dhabi-based developer Eagle Hills plans to build its Palace Fujairah Beach in Fujairah, Invest-Gate reports.