News / Middle East

Danube to Cooperate with Bank of Baroda

The property arm of Dubai-based Danube Group signed a memorandum of understanding with the Indian 'Bank of Baroda' over home financing and mortgages in its Dreamz project in Dubai, reported Gulf News.

Deyaar Offers Guaranteed Returns

Deyaar Development, a Dubai-based real estate developer, offers guaranteed returns of 7% per year for a period of two years on its ‘The Atria’ project in Dubai's Business Bay, reported Arabian Business.

DLD Issues New Regulations For Real Estate Agents

Dubai Land Department (DLD) announces new regulations for the relationship between owners and brokers, according to a statement by the DLD on Sunday

Dubai Investments to Expand Its Portfolio

Dubai Investments (DI) has moved to expand its asset base with the development of four new projects, three in the UAE and one in Saudi Arabia, reported Gulf News on Sunday.

MAG 5 Boulevard Sees 50% First Week Sales

MAG 5 Boulevard, a development by MAG 5 Property Development, saw 50% of its phase 2 sell out during the first week, according to a press release issued Sunday.

Emaar Wins Developer of the Year Award

Emaar Properties received the 'Developer of the Year' recognition at the Arabian Business Achievement Awards 2016, according to a press release issued Sunday.

Oman’s Real Estate Market in Recovery

The real estate market in the Sultanate of Oman is showing signs of recovery, according to a real estate official, reported the Times of Oman on Saturday.

Payments to Contractors Boost Saudi Steel Prices

Steel prices in Saudi Arabia experienced a strong upward surge this month after a government decision to pay construction sector dues, reported Reuters, citing a local newspaper.

Lusail Stadium to be Constructed By Qatari, Chinese Joint Venture

Qatar's Supreme Council for Delivery & Legacy (SC) announced that the main contractor for the Lusail Stadium will be a Chinese and Qatari joint venture, according to a press release.

Bahrain Marina Awards Marine Works Contract

The Bahrain Marina Development Company announced on Wednesday it had awarded the marine works contract for the Bahrain Marina project to Al Hassanain Contracting Company, according to Bahrain News Agency.

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