News / Middle East

Qatar to Invest $13 bn in Infrastructure

Qatar will spend up to $13 bn on infrastructure projects in 2017 despite a drop in revenues due to a low oil price, said Finance Minister Ali Shareef Al Emadi on Tuesday, reported The National

Abu Dhabi’s Marina Mall to Undergo Expansion

Marina Mall, a development by UAE-based National Investment Company (NIC), is set to undergo an AED 3 bn extension, reported The National on Monday

Dubai Property Show About to Kick Off in Mumbai

The Dubai Property Show is scheduled to start on Friday December 9 in Mumbai, India, attracting UAE property giants including Nakheel, Damac, Emaar and Deyaar, reported Arabian Business on Monday.

Nakheel’s Palm West Beach Underway

Nakheel Properties, a Dubai-based property developer, called on development corporations to jointly start the construction of its Palm West Beach project in Dubai, reported Zawya Projects on Tuesday

Mubadala Seeks EOIs for Al Maryah Project

UAE's Mubadala Development Company called for expressions of interest (EOIs) for its landscaping works at the Al Maryah Island promenade extension project, reported ME Construction News on Sunday

Rotana to Open 12 New UAE Hotels

Rotana, an international hotel management company, is set to open 12 new hotels in the UAE by 2020, six of which are to become five-star hotels, while the other ones will comprise of four- and three-star hotels as well as hotel apartments, according to Rotana Times.

Construction of The Address Kicks Off

Construction works on Hamptons International's The Address Residences Jumeirah Resort + Spa is to kick off with its appointed enabling works contractor Middle East Foundation Group, according to a press release.

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

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