KSA’s ARTAR Wins Best Real Estate Developer At Restatex

• Tuesday, 2nd May 2017
• by Leena ElDeeb

Saudi Arabian ARTAR Real Estate Development has been awarded the Best Real Estate Developer at Restatex, the four-day Riyadh Real Estate and Urban Development Exhibition on April 26, Invest-Gate reports.

Dubai’s Nakheel Reports Q1FY2017 Net Profit Of AED 1.48 bn

• Tuesday, 2nd May 2017
• by Leena ElDeeb

Dubai’s Nakheel registered a net profit of AED 1.48 bn for the Q1FY2017, compared to a net profit of AED 1.47 bn in Q1FY2016, Invest-Gate reports.

First Saudi Smart City Project Opened in Yanbu

• Friday, 28th April 2017
• by Nayrouz Talaat

Saudi Arabia’s state-run Royal Commission for Jubail and Yanbu (RCJY) and Bayanat Co, an Etihad Etisalat (Mobily) subsidiary have inaugurated the kingdom’s first smart city in Yanbu, Riyadh.

Miral To Launch Six Entertainment Projects in Warner Bros. Abu Dhabi

• Thursday, 27th April 2017
• by Yasmin El-Beih

A leading creator of destinations, Miral Abu Dhabi is announcing the development of six entertainment projects in Warner Bros. project, Invest-Gate reports.

Dubai’s DAMAC Opens Maison Bay’s Edge in May

• Wednesday, 26th April 2017
• by Leena ElDeeb

Dubai-based real estate developer DAMAC is to open its new hotel Maison Bay’s Edge in May, Invest-Gate reports.

Dubai’s DAMAC Maison Royale The Distinction Set to Open, June

• Wednesday, 26th April 2017
• by Leena ElDeeb

Dubai-based real estate developer DAMAC is inaugurating its Maison Royale The Distinction hotel, located in Dubai’s prestigious Downtown district, in June, Invest-Gate reports.

Eagle Hills Assigns Works of Residential Project in Bahrain to Serbian Company

• Wednesday, 26th April 2017
• by Fatma Khaled

UAE-based real estate developer Eagle Hills is assigning the construction works of its BW Vista Residences to STRABAG D.O.O, a leading construction company in Serbia, Invest-Gate reports.

Bahrain’s Investcorp Invests USD 160 mn in Chicago, Boston

• Wednesday, 26th April 2017
• by Menna A. Farouk

Bahraini global provider and manager of alternative investment products Investcorp is pumping investments worth almost USD 160 mn in an industrial portfolio of six properties in Chicago and Boston, Invest-Gate reports.

Saudi Home Prices Fall by 8%

• Wednesday, 26th April 2017
• by Nayrouz Talaat

Prices of houses in Saudi Arabia have declined by 8% while land prices are down by 9%, Reuters reports.

Emaar Hospitality Group Unveils 6 New Hotel Projects

• Wednesday, 26th April 2017
• by Nayrouz Talaat

Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties, unveils six new hotel projects at the Arabian Travel Market (ATM) 2017, Invest-Gate reports.