News / Middle East

Nakheel Unveils AED 850 mn Ibn Battuta Mall Expansion Plans

UAE-based developer Nakheel has began working on its 55-storey residential tower, a 16-screen cinema complex with its own multi-storey parking area and retail expansions in the Ibn Battuta Mall with a total budget of AED 850mn, Invest-Gate reports.

Bahrani Company to Donate Lands for Educational Projects

Diyar Al Muharraq will donate two land plots for educational projects in Bahrain, Invest-Gate reports.

DAMAC Properties’ Q4 net profit rises 1.3%

DAMAC Properties reported on February 14 a 1.3% increase in net profit worth AED 854.6mn in Q4FY2016, in comparison AED 844mn in Q4FY2015, Invest-Gate reports.

SEZAD Signs Four Agreements Worth OMR 84.7 mn

The Omani Special Economic Zone Authority in Duqm (SEZAD) signed four agreements on February 9 to implement a number of infrastructure projects in the Special Economic Zone (SZD) at a cost of about OMR 84.7mn, Invest-Gate reports.

DAMAC Delivers Homes in its Golf-Planned Community project in Dubai

DAMAC Properties is updating one of its major projects Damac Hills, a Golf-planned community featuring Trump International Golf Club Dubai at its center, Invest-Gate reports.

Aurecon Wins Award for Design of Terminal in Qatar

Aurecon for Engineering and Infrastructure wins Global Ports Forum Awards 2017 in Dubai for its achievements in the ports and terminal industry, as well as boosting building material supplies in Qatar, Invest-Gate reports.

Qatar’s Barwa Awards its ‘Village Extension’ Project to ICT

Barwa Real Estate Company granted the construction of "Barwa Village Extension" project to the contractor, Insha Contracting and Trading (ICT), for a total value of QAR 63 mn over a duration of 18 months

Qatar to Invest USD 250 mn in Affordable Housing, India

Qatar Holding Llc is to invest USD 250 mn in Arthveda Fund Management Pvt. Ltd’s new Affordable Housing Fund

SSH partakes in Eagle Hills’ Marassi Boulevard, Bahrain

Kuwaiti design firm SSH collaborates with Emirati developer Eagle Hills to design its latest Marassi Boulevard development

SHH to Build World’s Biggest Children’s Hospital

The Kuwaiti Ministry of Health and the Ministry of Public Works assigned SSH designs to build the world’s biggest Children Hospital, complying with award-construct basis

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