News / Middle East

Aldar to Partner with Al Fahim Group Over Major Retail Showroom Project

Abu Dhabi’s leading property developer, Aldar Properties, will partner with Al Fahim Group to bring the world’s first Mercedes-Benz and AMG showroom and service center on Yas Island, Invest-Gate reports.

Emaar Morocco to Offer High-End Villas at Amelkis Resorts

Emaar Morocco offers fully-furnished and decorated villas in its project Marrakech Palm Grove located at Amelkis Resorts, Invest-Gate reports.

Emaar Announces Release of  Harbor Gate Tower 2

UAE’s real estate developer Emaar Properties announces the release of a new residential project  Harbor Gate Tower 2, located at the Island District of Dubai Creek Harbor.

Dubai’s Arabtec Returns To Profit in Q1 2017

Leading UAE construction company Arabtec Holding returns to profits in its financial results of the 1Q of 2017 after two years of losses, according to Reuters

DAMAC Properties Appoints Proscape LLC Infrastructure Tenders

Leading luxury real estate developer DAMAC Properties assigns Proscape LLC construction tenders for infrastructure projects at its new AKOYA Oxygen project in Dubai, Invest-Gate reports.

Low Oil Prices Stabilize Qatar Property Market

Qatar’s real estate sector “is still showing a signs of firmness and consistency” amid the “repercussions and consequences” of the oil price drop, Gulf Times reports.

New Cinema-Themed Hotel to Open in Dubai

Leading real estate, leisure, and shopping mall pioneer in the Middle East, Majid Al Futtaim, along with Marriott International, announce plans to launch the region’s first cinema-themed hotel concept, which will feature cinematic-themed rooms and an outdoor VOX cinema, Gulf News reports.

DEWA Completes Transformation Of Smart Power Plants System

Dubai Electricity and Water Authority (DEWA) is transforming all its independently-operating power stations into a network of smart-grid-enabled smart power plants, WAM reports.

Dubai’s RTA to Implement Road Projects Worth AED 800 mn

Dubai will be enhancing Latifa Bint Hamdan Street and the Junction of Umm Al-Sheef-Latifa Bint Hamdan streets at a total cost of AED 800 mn.

KSA’s ARTAR Wins Best Real Estate Developer At Restatex

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.

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