Abu Dhabi Expat Housing Fee to be Backdated

• Thursday, 5th January 2017
• by Invest Gate

The recently introduced expat housing fee in Abu Dhabi will be enforced retroactively to the day the decree was issued and will have to be paid in a single payment.

Al Futtaim Carillion Awarded Contract for DWTC Project

• Wednesday, 4th January 2017
• by Invest Gate

Al Futtaim Carillion (AFC) has been awarded the contract for Phase 1A6 of Dubai World Trade Center’s One Central project.

Construction Kicks Off on Dubai Investment’s Mirdif Hills

• Wednesday, 4th January 2017
• by Invest Gate

Dubai Investments (DI) broke ground on its Mirdif Hills project, which has a total investment cost of AED 3 bn.

Bahrain Municipal Projects to be Scaled Down

• Tuesday, 3rd January 2017
• by Farah Montasser

Bahraini government forced 22 municipal projects to be scaled down, as government officials deemed them too expensive, reported Arabian Business

Dubai to Build A New Harbor

• Tuesday, 3rd January 2017
• by Farah Montasser

The Dubai government announced the development of a new waterfront project, dubbed Dubai Harbor, that is set to become the Middle East's largest marina, reported the Dubai Media Office.

Damac to Extend Ties With Trump Brand

• Monday, 2nd January 2017
• by Farah Montasser

Damac Properties Chairman, Hussain Sajwani, said in an interview with NBC News that he was interested in extending business ties with the Trump Organization, reported Reuters Zawya

IHG Commencing with QSE Listing

• Monday, 2nd January 2017
• by Farah Montasser

Qatar-based contractor, Investment Holding Group (IHG), is set to start with its listing at the Qatar Stock Exchange this week in an initial public offering (IPO), reported Reuters

Oman Secures AFESD Loan

• Thursday, 29th December 2016
• by Farah Montasser

The government of Oman has signed two loan agreements over $357 mn with the Arab Fund for Economic and Social Development (AFESD) to finance infrastructure projects, reported Trade Arabia

Dubai Residential Prices Continue To Drop

• Thursday, 29th December 2016
• by Farah Montasser

Residential property prices in Dubai noted a 6% year-on-year drop in November, according to a report by Reidin.com

Kuwait’s New Causeway Underway

• Thursday, 29th December 2016
• by Farah Montasser

Nearly 70% of the construction works on the new Sheikh Jaber Al Ahmad Al Sabah Causeway are completed, keeping the project on track for its November 2018 opening, reported Al Bawaba