News / Middle East

Dubai Residential Prices Continue To Drop

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

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

FAC Calls for Massive Township Project

The Federation of Arab Contractors (FAC) is to a plan the construction of towns across the 22 Arab league nations, reported Reuters Zawya

Nakheel Plans Increase in Awarded Contracts

UAE-based real estate developer Nakheel Properties aims a 66% increase in value of awarded contracts, reported The National

Saudi Arabia to Develop New Industrial City

Saudi Arabia is to develop a new smart industrial city in Asfan, north of Jeddah, reported the Saudi Gazette.

Projects in Kuwait Stalled Due to Non-Payment of Dues

Projects worth nearly KWD 4 bn are currently stalled in Kuwait due to the delay of payment of dues by the government, reported Reuters Zawya.

Damac Introduces Akoya Play

UAE-based developer, Damac Properties, has introduced Akoya Play, a villa community in its Akoya Oxygen master-planned development, reported Trade Arabia.

Emaar Launches Second Phase of Sidra Villas

UAE-based developer, Emaar Properties, has launched the second phase of Sidra at Dubai Hills Estate, reported Trade Arabia

Stalled Marina West in Bahrain Open Bids

After a six year delay, the stalled Marina West project in Bahrain is now open for bids, reported Arabian Business

Al Noor Projects in Oman to be Finished by 2018

Property Developer, Zawaya Development, is to deliver its residential and commercial Al Noor Projects in the first quarter of 2018, reported Muscat Daily

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