News / Middle East

Nshama Delivery to Possibly Ease Dubai Rents

Dubai-based real estate developer Nshama is set to deliver 2,000 homes next year at its Town Square development in Dubai.

Built Assets Contributing Strongly to UAE’s Economy, Qatar Leads in Spending

Built assets now contribute almost 50% to the emirates' GDP, according to a recent report by consultancy Arcadis.

Oman Offering Land Plots for Tourism Projects

Oman is offering 33 land plots to investors for the development of tourism projects, reported Reuters Zawya on Monday.

Schon Properties Launches Hospitality Project in Dubai

UAE-based real estate developer Schon Properties on Tuesday announced the launch of a more than AED 3.2 bn hospitality development, dubbed iSuites, near the site of Expo 2020.

Al Akaria Setting Up New Construction Company

Saudi developer Al Akaria last week announced plans to set up a new contracting and construction firm.

Arabtec Appoints Hamish Tyrwhitt as New CEO

Arabtec Holding on Tuesday announced it has appointed Hamish Tyrwhitt, former Leighton Holdings Chief, as the group's CEO.

Rotana to Manage First Cayan Hotel

Cayan Group announced on Monday that its first hotel project — the Cayan Aryaan Hotel Apartments in Dubai — will be managed and operated by Rotana Hotel Management.

Ajman to Hold First Real Estate Conference

Real estate analysts and investors will gather on December 14 to discuss ways to boost sustainable development at a conference in Ajman.

Sharjah Residents Not Shifting Toward Dubai

Residents of the emirate of Sharjah so far have not relocated to Dubai in larger numbers, according to research by property services firm Asteco.

UAE Infrastructure Ministry to 3D-Print All Its Buildings -Official

The UAE's Ministry of Infrastructure Development will construct all its future buildings employing 3D-printing, according to a ministry official.

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