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Emaar Launches New Vida Residences in Q1

Dubai-based Emaar Hospitality Group, the hospitality and leisure subsidiary of global developer Emaar Properties, reveals that it will launch its new Vida Residences in Dubai during the first quarter of 2017, Invest-Gate reports.

Emaar Unveils New Resort In Downtown Dubai

Dubai-based Emaar Hospitality Group, the hospitality and leisure subsidiary of global developer Emaar Properties, unveils the launch of its new city lifestyle resort Address Boulevard in downtown Dubai, Invest-Gate reports.

Aldar to Open 2.4 km Canal, Reem Island

Abu Dhabi developer Aldar Properties is to open a 2.4 kilometer canal in its Shams development on Reem Island, Invest-Gate reports.

UAE’s ADFD to Develop Senegalese Road Project

The UAE’s Abu Dhabi Fund for Development (ADFD) allocated AED 53 mn to establish a -336- kilometer national road in Senegal,

DAMAC Signs AED 1.4 bn- Contracts in 2017

Dubai’s leading luxury real estate developer, DAMAC Properties, announces awarding 121 construction, supplier, and consultancy contracts worth of AED 1.4 bn during January and February 2017

Emaar Shares Decline After 15% Proposed Cash Dividends

Dubai’s Emaar Properties shares declined by 3.27% at AED 7.20 on March 7 after the company announced a 15% cash dividend, Gulf News reports.

Saudi Aramco Prepares to IPO in 2018

Saudi Arabia’s national petroleum and natural gas company Saudi Aramco is preparing itself for its initial public offering (IPO) in 2H of 2017, Invest-Gate reports.

Qatari Bank to Invest in US Real Estate Market

Qatar’s leading investment bank QInvest will develop a land plot located in South Boulevard in Charlotte, North Carolina, USA into a residential complex of 200 apartments encompassing an area of 165,000 square feet, Invest-Gate reports.

Bayut: High Demand on UAE Real Estate Rentals

Bayut’s latest annual report notes that studio apartments in the UAE witness higher demand than other residential units.

RTA to Build Dubai’s Tripoli Roads Project at AED 500 mn

Dubai-based Roads Transport Authority (RTA) implements Tripoli Roads Project at a total cost of AED 500 mn

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