Abu Dhabi’s Aldar Awards AED 500-mn Contract to Mayan Project

• Monday, 3rd April 2017
• by Leena ElDeeb

Abu Dhabi-based property development company Aldar Properties is awarding a AED500-mn contract for Mayan, a luxury residential development located on Yas Island, to the Middle East’s leading construction and development company Ghantoot General Construction, Invest-Gate reports.

Ritz-Carlton Hotel To Launch in Marrakech

• Monday, 3rd April 2017
• by Leena ElDeeb

Jnan Amar Company will showcase the Ritz-Carlton’s Marrakech branch at Cityscape Abu Dhabi, taking place April 18-20, Invest-Gate reports.

Maldivian Smart City Targets Middle Eastern Investors

• Monday, 3rd April 2017
• by Leena ElDeeb

The Maldives is targeting Middle Eastern investors for its new island smart city development, Hulhumalé, which is to be showcased at Cityscape Abu Dhabi taking place starting April 18-20, Invest-Gate reports.

RSG International to Build New Hotel in Dubai

• Tuesday, 28th March 2017
• by Fatma Khaled

UAE-based global real estate conglomerate RSG International is partnering with leading hospitality company Rotana to build a five-star hotel and a serviced apartment project called Sabah Rotana in Dubai, Invest-Gate reports.

UAE’s Azizi Developments Buy Land Plots in Meydan City

• Monday, 27th March 2017
• by Fatma Khaled

UAE-based real estate developer Azizi Developments purchases six land plots in Dubai’s neighborhood of Meydan, Invest-Gate reports.

MotorCity To Establish New Motorsport Business Park, Dubai

• Monday, 27th March 2017
• by Leena ElDeeb

UAE’s property investment property developer Union Properties and Dubai-based construction company Multilink Contracting are working on the establishment of a motorsport business park encompassing 6,000 square meters at the center of a 5.39-kilometer race circuit in Dubai, Invest-Gate reports.

) SAR 1.8 bn Development Projects Underway, Saudi Arabia’s Al-Leith, Adham

• Monday, 27th March 2017
• by Leena ElDeeb

Developmental projects worth over SAR 1.8 bn are now underway in Saudi Arabia’s western provinces of Al-Leith and Adham, Arab News reports.

New Plan To Upgrade Dilapidated Houses, Bahrain

• Monday, 27th March 2017
• by Leena ElDeeb

Manama’s city council passed on March 22 a suggestion to the Bahraini parliament to establish a monetary fund for upgrading ageing and cracked buildings, Al-Ufuq News reports.

Eagle Hills to Deliver First Phase of Al Raha Village, Jordan

• Sunday, 26th March 2017
• by Fatma Khaled

Jordanian real estate investment and development company Eagle Hills is currently delivering the first phase of residential units at Al Raha Village in Marsa Zayed, a USD-10-bn development project in Aqaba, Invest-Gate reports.

Marriott Hotel Al Forsa Opens in Abu Dhabi

• Thursday, 23rd March 2017
• by Fatma Khaled

Marriott Hotel Al Forsa Abu Dhabi opened last night, becoming the second Marriott brand in the United Arab Emirates, Invest-Gate reports.