Kuwait Real Estate Market Stagnates

• Monday, 10th October 2016
• by Tim Nanns

Kuwait's real estate market recently witnessed stagnation due to low demand and an oversupply, yet there is the possibility of a revival early in 2017, according to experts.

Bahrain Bay Introduces New Waterfront Project

• Monday, 10th October 2016
• by Tim Nanns

A new waterfront project by Bahrain Bay Development aims to bring more life to the development that so far has been dominated by hotels and office buildings.

Uncertainty Reigns in Saudi Residential Market

• Monday, 10th October 2016
• by Tim Nanns

It is expected that prices on Saudi Arabia's residential market will remain supported by a high demand even though economic uncertainty and expectations of changes to the legal framework might lead to homebuyers holding back purchases, speculating on lower prices.

Uncertainty Causes Shift Towards Smaller Office Spaces in Dubai

• Monday, 10th October 2016
• by Tim Nanns

Landlords in Dubai seem to be following a new trend of dividing floors and offering smaller office spaces due to challenging market conditions and uncertainty about companies' space requirements.

UAE to Build Housing Complex in Ajman

• Monday, 10th October 2016
• by Tim Nanns

The government of the United Arab Emirates is set to build a $272 million residential complex in the emirate of Ajman under the Sheikh Zayed Housing Programme, featuring 729 eco-friendly housing units.

Egypt’s Arab Contractors Partners with UAE Company for 2 Hotels in Dubai

• Monday, 10th October 2016
• by Fatma Khaled

Egypt's Arab Contractors Company will be partnering with UAE-based Al Ghuarair Properties to build two new hotel buildings in downtown Dubai.

Dubai Municipality Advances Work on ‘Aladdin City’

• Sunday, 9th October 2016
• by Tim Nanns

The work on the detailed design of Aladdin City, a project of three main towers on Dubai Creek inspired by the ancient Aladdin stories, has commenced, according to a Dubai Municipality official.

Oman Investment Fund Plans to Develop ‘Muscat Riviera’

• Sunday, 9th October 2016
• by Tim Nanns

The Oman Investment Fund (OIF) plans to further develop the area of Yiti and Yenkit in Muscat Governorate to eventually become a "Muscat Riviera".

Sedco Capital Acquires $126 M in Saudi Real Estate Assets

• Sunday, 9th October 2016
• by Tim Nanns

Sedco Capital, a Saudi licensed asset manager, said it acquired seven quality properties over the past 19 months of a total of 88,000 square meters of built up area across the kingdom for a total cost of $126 million.

UAE to Develop SmartCity in South Korea

• Sunday, 9th October 2016
• by Tim Nanns

On Thursday, representatives from Dubai Holding launched the Smart City Korea project in Seoul, with the aim of developing the project on 51 million square feet between Seoul and Incheon.