News / Middle East

MAB to Manage Facilities for Louvre Abu Dhabi

MAB Facilities Management has taken over the facility management services contract for Louvre Abu Dhabi (LAD) from the Abu Dhabi Tourism and Culture Authority.

Manazel Revenues Stabilize in H1 2016

Manazel Real Estate, a leading UAE developer, has recorded AED 267.4 million worth of revenues for the first half of 2016 compared to last year’s AED 262.8 million in the same period.

Decline In Demand for Dubai Office Spaces

The current decrease in oil prices and the economic slowdown in GCC have resulted in a decline in demand for office spaces in Dubai over the past six months, according to latest study conducted by Cluttons International Real Estate Consultancy.

Abu Dhabi Residential Prices Decline in Q2 2016

Abu Dhabi's property prices and rentals has witnessed a 1% slide in the second quarter and is expected to further decline, while rental values fell by 2 % during the same period, according to property broker Chestertons.

ADNEC Unveils Phase II of Al Ain Convention Centre

Abu Dhabi National Exhibitions Company (ADNEC) is launching the second phase of the Al Ain Convention Center, aiming to promote the business tourism industry in Al Ain.

Emaar Develops New Residential Units in Dubai Creek Harbour

Dubai-based Emaar Properties has launched new luxurious residential units in Dubai’s Creek Harbour project.

Sino-Oman Industrial City Launches Construction in Duqm

Construction has kicked off on Industrial City project, dubbed Sino-Oman, and is expected to receive investment revenues worth of $10.7 billion in the Special Economic Zone (SEZ) located in Duqm, Oman.

Nakheel Partners with Spanish RIU for Deira Islands Resort

Dubai based Nakheel has started developing its beach front Deira Resort with Spain's RIU, at a cost of AED 900 million.

Bloom Contracts with Tharwaa/Al Mansouri 3B for New Saadiyat Project

Park View development is expected to provide investors the best real estate properties in the market located in prime locations.

Dubai Properties to Deliver 400 Homes at Mudon Project

Approximately 400 houses are expected to be delivered by Dubai Properties at the Mudon project, a master planned residential community in Dubai.

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