Saudi Contractor MMG Discloses Concerns About Company’s Future

• Monday, 21st November 2016
• by Karim Mohy

Saudi construction company Mohammad Al Mojil Group (MMG) released a statement on Sunday, concerning a letter to the Deputy Crown Prince Mohammed bin Salman (MbS), citing “Doubts over the company's ability to continue.”

Greenland HK Raises $300 mn for Real Estate Fund

• Monday, 21st November 2016
• by Karim Mohy

Greenland Hong Kong Holdings Ltd says it has raised $300 mn for a real estate fund established together with Kuwait Strategic Investor.

Dubai Properties Announces Built-To-Suit Rahaba Residences

• Monday, 21st November 2016
• by Karim Mohy

Developer and real estate manager Dubai Properties announced the launch of its Rahaba Residences project, employing a Built-To-Suit model.

Abu Dhabi, Dubai Markets Show Signs of Recovery -Report

• Sunday, 20th November 2016
• by Karim Mohy

The real estate markets of the emirates of Dubai and Abu Dhabi recorded an uptick in rental values and a slowdown in the rate of price drops, according to Bayut.

Kuwait Real Estate Faces Slowdown -IMF

• Sunday, 20th November 2016
• by Karim Mohy

Kuwait's real estate market faces a slowdown in value and volume of sales as well as risks from a prolonged period of low oil prices, according to the International Monetary Fund (IMF).

KAEC Exhibits Land Plots at ‘Beach Community’ in Jeddah

• Sunday, 20th November 2016
• by Karim Mohy

King Abdullah Economic City (KAEC) started exhibiting villa land plots for the Beach Community (BC) in the Al-Murooj district at Jeddah Hilton Hotel on Friday, coming to a close on Sunday.

Ewaan Receives Title Deeds for Alfareeda Villas

• Thursday, 17th November 2016
• by Karim Mohy

Ewaan Global Residential Properties, the exclusive developer of the Alfareeda Residential Project, announced it has started receiving the first phase title deeds of the residential project's 320 villas.

Oman Regulator to Allow REITs

• Thursday, 17th November 2016
• by Karim Mohy

Oman's Capital Market Authority (CMA) is planning to issue a set of regulations for listing Real Estate Investment Trusts (REIT).

Shurooq Breaks Ground on Al Badayer Desert Camp

• Thursday, 17th November 2016
• by Karim Mohy

The Sharjah Investment and Development Authority (Shurooq) has begun construction on Al Badayer Desert Camp.

Majid Al Futtaim to Increase Investment in City Centre Sharjah

• Thursday, 17th November 2016
• by Karim Mohy

Dubai-based developer Majid Al Futtaim announced on Tuesday it would invest AED 260 mn into the redevelopment of City Centre Sharjah shopping mall.