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.

Nakheel to Foster Growth Strategies through New Organizational Changes

• Wednesday, 17th May 2017
• by Fatma Khaled

Leading UAE property developer Nakheel applies new organizational changes in an effort to boost its services and record further growth, Invest-Gate reports.

DAMAC Predicts Dubai Property Supply Rise

• Wednesday, 17th May 2017
• by Nayrouz Talaat

UAE’s real estate developer, DAMAC Properties, expects around 11,000 to 12,000 residential properties to hit the Dubai market in 2017, a steady increase compared to the average over the last two years, Invest-Gate reports.

GCC Building Contract Awards to Hit USD 85.6 bn in 2017

• Wednesday, 17th May 2017
• by Menna A. Farouk

The value of new building contracts in the GCC region are expected to reach USD 85.6 bn in 2017, up 7% from USD 79.5 bn in 2016, Invest-Gate reports.

Jumeirah Golf Estates Launches Sales of 120-Home Tower Today

• Wednesday, 17th May 2017
• by Menna A. Farouk

Dubai-based residential golf community, Jumeirah Golf Estates, launches Tower C for sale today, May 17, for UAE nationals and loyal clients at its sales centre, Invest-Gate reports.