News / Middle East

Shapoorji Pallonji’s Imperial Avenue Underway

Indian engineering and construction company Shapoorji Pallonji (SP) stated it has begun the construction of Imperial Avenue, a residential tower project in Downtown Dubai, according to a press release on Monday

Bloom Completes Phase Three of Bloom Gardens

UAE developer Bloom Properties announced the completion of the third phase of its Bloom Gardens project in Abu Dhabi on Sunday, reported The National

Indian Demonetization Threatens UAE Property Sales

The recent demonetization of the Indian currency might threaten property sales in the UAE with experts and industry representatives expecting a negative impact, reported The National on Saturday.

50% of Al Qamra Plots Sold on Launch Day

Bahraini developer Diyar Al Muharraq announced that 50% of the freehold residential plots of the second phase of its Al Qamra project have been sold on launch day, according to a press release from last week.

DI Launches Sales of Mirdif Hills

Dubai investments (DI) launched sales of its Mirdif Hills project in Dubai, according to a press release from Sunday.

Emaar Launches New Jeddah Residential Project

Property developer Emaar Properties launched a third residential project in Jeddah Gate under its Emaar Residences brand, according to a press release.

First Resort Picks Up Management ContractFirst Resort Picks Up Management Contract

First Resort Hospitality Service, a joint venture of two UAE-based facilities management companies EFS Facilities Services and Emirates Consortium, secured its first contract in the hospitality sector, reported Gulf News on Saturday.

Saudi Arabia to Establish Refinancing Company

Saudi Arabia's Housing Minister Majed Al-Hogail announced the establishment of a refinancing company for the country's housing sector, reported the Saudi Press Agency on Tuesday

Aldar Properties Makes West Yas Available To All Nationalities

Despite targeting Emiratis last year, the UAE-based property developer Aldar Properties has opened up their sale of off-plan villas at its West Yas development to all nationalities, reported The National on Wednesday.

Dubai Investments to Develop Project in Fujairah

Al Taif Investment, a joint venture of Dubai Investments (DI) and Fujairah Investment Establishment, is set to develop an AED 400 mn mixed-use project in Fujairah, UAE, according to a press release by DI from Sunday

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