Construction Begins in ISuites Project in Dubai

• Tuesday, 23rd May 2017
• by Fatma Khaled

Dubai-based contracting company Al-Hamd Group begins the construction of 2,550 hotel apartments in ISuites Project in Dubai Investment Parks that is developed by Schön Properties, Invest-Gate reports.

Aldar to Develop Twofour54’s New Home in Yas Island

• Tuesday, 23rd May 2017
• by Menna A. Farouk

Twofour54, an Abu Dhabi-based tax-free media and entertainment free zone, has appointed Emirati property developer Aldar Properties as the strategic real estate partner of the Media Zone Authority to build its new permanent home on Yas Island, Invest-Gate reports.

DAMAC Launches Aknan Villas in Dubai

• Tuesday, 23rd May 2017
• by Menna A. Farouk

Dubai-based real estate developer DAMAC Properties announced on May 22 the launch of Aknan Villas as part of the Akoya Oxygen project in Dubai, Invest-Gate reports.

Barwa to Launch Phase II of Madinat Al-Mawater Project in Qatar

• Monday, 22nd May 2017
• by Fatma Khaled

Qatari leading real estate company Barwa Real Estate Group is launching the second phase of the Madinat Al-Mawater mixed-use project, Invest-Gate reports.

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.