DAMAC Properties’ Q4 net profit rises 1.3%

• Tuesday, 14th February 2017
• by Yasmin El-Beih

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

• Tuesday, 14th February 2017
• by Yasmin El-Beih

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

• Friday, 10th February 2017
• by Yasmin El-Beih

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

• Thursday, 9th February 2017
• by Yasmin El-Beih

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

• Tuesday, 7th February 2017
• by Farah Montasser

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

• Tuesday, 7th February 2017
• by Farah Montasser

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

• Thursday, 2nd February 2017
• by Farah Montasser

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

• Thursday, 2nd February 2017
• by Farah Montasser

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

Nakheel Records Highest Annual Net Profit in 2016

• Thursday, 2nd February 2017
• by Farah Montasser

Nakheel recorded net profit worth AED 4.96 bn in 2016, up 13% from AED 4.38 bn in 2015

Emaar Malls 2016 Net Profit Surges 13%

• Wednesday, 1st February 2017
• by Farah Montasser

Emaar Malls recorded a 13% increase in net profit of USD 510 mn in 2016, up from 2015’s net profit of USD 451 mn,