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.

Dubai Issues Decree On Land Mortgages

• Thursday, 17th November 2016
• by Karim Mohy

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai issued a new decree on Tuesday regulating the mortgaging of government lands granted to individuals or businesses for residential, commercial or industrial purposes in the emirate.

Bahrain Real Estate Market Remains Stable -Cluttons

• Wednesday, 16th November 2016
• by Karim Mohy

The real estate market in Bahrain remains largely stable with few notable changes across all market segments, according to a report by real estate consultancy Cluttons on Tuesday.

Work on Landmark Cityview Tower in Bahrain’s Seef District Resumes

• Wednesday, 16th November 2016
• by Karim Mohy

Work on the Landmark Cityview Tower in Bahrain's Seef district has resumed after a five-year delay.

Abu Dhabi Rents Continue to Decline -Asteco

• Wednesday, 16th November 2016
• by Karim Mohy

According to real estate consultancy Asteco, apartment rental rates in Abu Dhabi continued to decline in the third quarter of 2016.

Hill International Records Losses on Lower Mideast Revenue

• Wednesday, 16th November 2016
• by Karim Mohy

US-based project management company Hill International declared net losses of $6.9 mn, mainly on the back of decreased consulting fee revenue and payment delays in its Middle East operations.

Stronger Dollar to Possibly Stall Dubai Recovery -Analysts

• Wednesday, 16th November 2016
• by Karim Mohy

The recent strength of the US dollar could possibly hamper the recovery of Dubai's struggling real estate market, according to analysts speaking to The National.

Dubai’s First Group Breaks Ground on Latest Hotel

• Tuesday, 15th November 2016
• by Karim Mohy

Dubai-based developer The First Group celebrated the groundbreaking ceremony on its latest hotel project, the Millennium Place JVT Dubai.

Qatar’s UDC to Launch New Projects at The Pearl

• Tuesday, 15th November 2016
• by Karim Mohy

Qatari United Development Company (UDC) announced the signing of three contracts for the construction of three new projects at its flagship project The Pearl-Qatar.