UAE Commercial Property to See Modest Demand In 2017

• Monday, 22nd May 2017
• by Menna A. Farouk

The UAE commercial real estate industry will continue to witness “soft” demand in 2017, Invest-Gate reports.

Aramco Partners with Jacobs over New Construction Management Program

• Monday, 22nd May 2017
• by Fatma Khaled

Saudi-based Aramco partners with Jacob, a provider of technical services, in an effort to provide professional program and construction management services for social infrastructure projects throughout the country, the Middle East and North Africa, Invest-Gate reports.

ADIA Seeks USD 1.7 bn Paris Properties Sale

• Monday, 22nd May 2017
• by Menna A. Farouk

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is looking for offers to sell Paris office buildings valued at USD 1.7 bn, Bloomberg reports.

Dubai’s Arabtec Wins AED 1.46 bn for 2020 Tower

• Monday, 22nd May 2017
• by Menna A. Farouk

Dubai-based real estate developer Arabtec Holding won a contract worth AED 1.46 bn for the construction of 2020 Tower, Invest-Gate reports.

Swicorp Raises USD 40.5 mn for Ewan Al-Maali Realty Development Fund

• Sunday, 21st May 2017
• by Nayrouz Talaat

Swicorp, a leading CMA-regulated asset management, private equity, and investment banking firm, raises SR 152 mn for the establishment of Ewan Al-Maali Real Estate Development Fund, Reuters reports.

Dubai’s Emaar Opens New Mall in Istanbul

• Thursday, 18th May 2017
• by Menna A. Farouk

Dubai-based property developer Emaar Properties says its subsidiary Emaar Turkey has opened Emaar Square Mall in Istanbul, Invest-Gate reports.

Chile’s Elemental to Develop New Museum in Qatar

• Thursday, 18th May 2017
• by Fatma Khaled

Chile-based design company Elemental wins design tenders for Qatar’s new waterfront museum, Invest-Gate reports.

DAMAC to Launch 31-Storey Tower in Qatar Next Week

• Thursday, 18th May 2017
• by Menna A. Farouk

Dubai’s property developer DAMAC Properties plans to unveil Burj Damac Seaviews in Qatar next week, Invest-Gate reports.

DAMAC’s Managing Director Resigns

• Thursday, 18th May 2017
• by Menna A. Farouk

Dubai-based developer DAMAC Properties announces today the resignation of its managing director Ziad El Chaar from his role, Invest-Gate reports.

Dubai Plans USD 1.7 bn Tourist Project

• Thursday, 18th May 2017
• by Menna A. Farouk

Dubai  plans to develop a AED 6.3 bn (USD 1.7 bn) tourist resort on two man-made islands it will build either side of the Burj Al Arab, its luxury sail-shaped hotel, Invest-Gate reports.