News / Middle East

Artar’s Dubai Project to be Launched in 2018

As scheduled, the Mada Residences project in Downtown Dubai, will be completed in Q2 of 2018

Masdar City Unveils Eco-Villa, the First Net-Zero Energy House

Masdar City’s Eco-Villa, a pilot project incorporating water and energy-saving technologies, has been completed, announced on January 19 at Abu Dhabi Sustainability Week 2017

Saudi Arabia Allocated USD 266 mn on Infrastructure Projects

Saudi Arabia is currently developing infrastructure projects in areas of Thadiq and Huraymila at a total investment cost of USD 266 million

New Kuwaiti Taxes to Affect Real Estate Sector

Kuwait’s government attempt to impose taxes and increase costs on expats will further affect the real estate sector specifically commercial segment, while the effect on the investment sector will also be great

GE wins USD 1.4 bn power project contracts, Iraq

General Electric (GE) has secured more than USD 1.4 bn from Iraq’s Ministry of Electricity to set up power plants as well as provide technology upgrades and maintenance services

Masdar to Invest in More Waste-To-Energy Plant, Sharjah

Masdar, Abu Dhabi’s renewable energy company, will develop a 300,000 ton waste-to-energy plant in partnership with Bee’ah, the Middle East’s leading and award-winning environmental management company, in Sharjah

Kuwait to spend USD 15.6 bn on infrastructure

Kuwait is set to spend about USD 15.6bn on infrastructure and other projects in FY 2017/2018, Trade Arabia reported

Mohammed Bin Rashid Al Maktoum Solar Park Third Phase To Start

Construction of the 800 MW third phase of the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai will start at the end of this month, developers announced at the Abu Dhabi Sustainability Week on January 17.

Villanova Project Launches Large Villas Next Week

Dubai Properties (DP) are to launch Villanova Project’s phase two on January 21, catering to families looking for spacious villas in an elegant and vibrant neighbourhood in Dubailand, states DP’s website.

Saudi to Build 280,000 Homes Within Three Years

Around 280,000 residential units will be constructed in Saudi Arabia at a total investment cost of USD 32 bn within three years, according to a Saudi Housing Ministry statement.

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