News / Middle East

Arab Housing Conference Urges Urban Development

The fourth Arab Housing Conference, held in Riyadh, concluded on Thursday with experts recommending the construction of urban communities rather than housing complexes, reported Arab News on Monday

EDB Financing SMEs and Housing Loans

The Emirates Development Bank approved a budget of AED 1.5 bn for 2017 to finance housing loans and SMEs (small and medium enterprises), reported The National on Monday

Dubai Set to Develop Markets

Dubai Municipality aims at developing markets and commercial complexes across the emirate in order to revitalise economic activity in Dubai, according to WAM news agency on Sunday

Damac to Offer Cars With Property Purchases

UAE-based property developer Damac Properties will offer a free luxury car to buyers of selected apartments during the Dubai Shopping Festival, reported Arabian Business on Monday

Manazel Unveils Al Reef Villas Model

UAE-based developer, Manazel Real Estate, has unveiled demos of its designed villas of Al Reef 2 project at Al Samha between Dubai and Abu Dhabi, reported Trade Arabia

Saudi Arabia to Invest in Madinah

As part of the government’s plan to improve infrastructure and other projects in the city of Madinah, Saudi Arabia is currently investing in 1,148 projects and expects to complete them all in 2017, reported the Saudi Gazette

Oman to Build New Tourism Projects

The National Development & Investment Company (ASAAS), a joint venture of several Omani government agencies, plans to build a new tourism and leisure destination in Barka, a coastal city in Northern Oman, reported Arabian Business on Friday

AMAF and KAHF to Partner for Endowment Project

Awqaf and Minor Affairs Foundation (AMAF) and Khalaf Ahmed Al Habtour Foundation (KAHF) signed an awqaf investment partnership contract over the construction of an endowment building, according to WAM news agency on Thursday

Dubai To Increase Infrastructure Investments

Dubai's spending is set to rise from AED 46.1 to 47.3 bn with a sharp increase in infrastructure spending in 2017, according to the Dubai Media Office on Wednesday

Bahraini Cabinet to Include Arab Contractors

A Ministerial committee in the kingdom of Bahrain reportedly submitted a proposal to the cabinet, recommending awarding major construction contracts to domestic and Saudi companies, according to Reuters Zawya on Wednesday

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