News / Middle East

Trump a ‘strong brand’ -Damac Chairman

Damac Properties Chairman, Hussain Sajwani, spoke about US President-Elect Donald Trump's positive impact on sales and his status as a strong brand.

Big 5 Construction Show Kicks Off in Dubai

The Big 5 show opened on Monday in Dubai and is expected to attract 75,000 visitors and participants.

DLD Signs Agreement with Russian Consultancy

State run Dubai Land Department (DLD) announced on Monday it had signed an agreement with RusBiz in an effort to attract more Russian investors.

Saudi Contractor MMG Discloses Concerns About Company’s Future

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

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

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

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

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

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.

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