Bahrain’s GFH Pulls Back from Talks to Buy UAE’s Shuaa Capital

• Sunday, 4th June 2017
• by Menna A. Farouk

Bahrain's Gulf Financial Group (GFH) pulls back from talks to buy Dubai-based investment firm Shuaa Capital, which has a market value of USD 432 mn, Reuters reports.

Former DAMAC Managing Director Joins Saudi Dar Al-Arkan

• Sunday, 4th June 2017
• by Menna A. Farouk

Riyadh-based property developer Dar Al-Arkan Real Estate Development Company appoints Ziad El-Chaar as its new chief executive, Reuters reports.

Nominations for DAMAC Board Membership Ends Today

• Sunday, 4th June 2017
• by Menna A. Farouk

Dubai’s real estate developer DAMAC Properties says the nominations’ period for its board membership ends today, Invest-Gate reports.

Majid Al Futtaim Unveils Investment Plan Worth AED 30 bn

• Sunday, 4th June 2017
• by Menna A. Farouk

Dubai-based mall operator Majid Al Futtaim announces a new development plan to increase its total investments in the UAE by AED 30 bn by 2026, raising its total investment in the country to AED 48 bn, Arabian Business reports.

GII to Launch GCC’s Shariah-compliant Real Estate Investment Trust

• Saturday, 3rd June 2017
• by Nayrouz Talaat

Gulf Islamic Investments (GII) announces the upcoming formation and launch of a Shariah-compliant real estate investment trust (REIT), under the name of “GII Islamic REIT Ltd”, Reuters reports.

Saudi Arabia Opens Phase I of Jabal Omar Project

• Saturday, 3rd June 2017
• by Nayrouz Talaat

Saudi Arabia inaugurates the first phase of the iconic Jabal Omar Project near the Grand Mosque in Mecca, Saudi Gazette reports.

Dubai’s Grade A Offices Surge on Demand Gains

• Saturday, 3rd June 2017
• by Nayrouz Talaat

Dubai’s office properties, especially Grade A addresses, are seeing some heavy activity on the leasing side, Gulf News reports.

DXB Entertainments Appoints New CEO

• Thursday, 1st June 2017
• by Menna A. Farouk

UAE’s theme parks operator DXB Entertainments appoints Mohamed Almulla as its new CEO, effective immediately, Invest-Gate reports.

ARACO Launches Residential Complex Worth AED 410 mn

• Thursday, 1st June 2017
• by Menna A. Farouk

Dubai-based Abdul Rahim Architectural Consultants (ARACO) announces the launch of a 100,000-square-feet residential complex in Dubai’s Jumeirah Village Circle (JVC), Invest-Gate reports.

Emaar Launches Building Communities Campaign in Ramadan

• Wednesday, 31st May 2017
• by Menna A. Farouk

Dubai-based developer Emaar Properties is launching the #BuildingCommunities campaign to mark the holy month of Ramadan, Invest-Gate reports.