News / Middle East

KAEC Exhibits Land Plots at ‘Beach Community’ in Jeddah

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

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

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

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

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

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

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

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

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

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.

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