News / Middle East

Dubai’s Desert Rose Project Moves to Detailed Design Stage

The $8.17 billion Desert Rose project, which is set to become a smart and sustainable satellite city, reached the detailed design stage.

DP to Launch Dubai Waterfront Project on Time

Dubai Properties (DP) announced that the Marasi Business Bay Promenade will launch in November, just as planned.

Kuwaiti Authorities Place Travel Ban on 20 Real Estate Executives

Kuwait has issued a travel ban on 20 real estate executives who are being accused of fraud.

Azizi Unveils Plaza Project

Azizi Developments, a UAE-based developer, announced its Azizi Plaza project in the Al Furjan district in the UAE, valued at approximately $117 million.

First Dubai South Project Ready for Handover

Dubai's Damac Properties announced the completion of the first project in Dubai South on Wednesday.

Bridges in Dubai Parks Project Completed

Dubai's Road and Transportation Authority (RTA) on Saturday announced the completion of the construction works on the Dubai Parks and Resorts project.

Jeddah Real Estate Sector Slowing Down

The Jeddah real estate market is slowing down, according to JLL, citing challenging economic conditions, low oil prices, and government reforms as reasons for the slowdown.

Drake & Scull Denies Lawsuit From Saudi Company

Drake & Scull International denied reports about an ongoing legal case filed by Saudi Arabian company Lamar Investment and Real Estate.

Aldar Launches Tenders for Its Largest Project Yet

Aldar Properties, an Abu Dhabi developer, confirmed on Wednesday that tendering for its Yas Acres project is now underway.

Bin Faqeeh Named Prime Sponsor of Bahrain Property Expo

Bin Faqeeh Real Estate Investment, Bahrain's leading privately owned real estate investment company, has been named prime sponsor of the Bahrain International Property Exhibition (Bipex) 2016.

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