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

FAC Calls for Massive Township Project

• Thursday, 29th December 2016
• by Farah Montasser

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

• Thursday, 29th December 2016
• by Farah Montasser

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

• Wednesday, 28th December 2016
• by Farah Montasser

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

• Wednesday, 28th December 2016
• by Farah Montasser

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.