Ayla Delivers New Apartments in Jordan

• Thursday, 11th August 2016
• by Fatma Khaled

Ayla Oasis Development Company, a leading Jordanian real estate and tourism company, has announced that it delivered the first phase of the Ayla project in Aqaba to buyers.

Nakheel to Extend Al Khalil Avenue for $408 M

• Thursday, 11th August 2016
• by Fatma Khaled

Leading UAE real estate developer Nakheel has added 252 rooms to its Al Khalil Avenue project, and has assigned Dhabi Contracting to be in charge of construction.

MAB Facilities Management to Take Charge of Emaar Projects

• Thursday, 11th August 2016
• by Fatma Khaled

Jordan-based MAB Facilities Management has won the management rights for some of Emaar's projects during the first six months of the year.

Abu Dhabi Rental Spikes Prompt Widespread Disputes

• Wednesday, 10th August 2016
• by Fatma Khaled

Disputes have arisen between tenants and landlords in Abu Dhabi as a result of a prior official decision, according to real estate exerts, to increase rental rates by 5% in 2013.

Informal Houses in Kuwait to be Removed Within 4 Years

• Tuesday, 9th August 2016
• by Fatma Khaled

Makeshift houses in Sulaibiya and Taima in Kuwait are expected to be raised after the Public Authority for Housing Welfare amended law 36/2016 to prioritise the construction of low-cost housing,

Rove Hotels to Launch 10 New Branches by 2020

• Tuesday, 9th August 2016
• by Fatma Khaled

Rove Hotels , a joint project between Emaar and Meraas, is opening new branches to meet the growing demands of leisure and business travellers.

Al Futtaim to Pursue Expansion Following 7% Increase in Revenues

• Tuesday, 9th August 2016
• by Fatma Khaled

Majid Al Futtaim has announced plans to continue expanding projects after it witnessed a 7% increase in first-half revenues.

DIFC in Dispute with Canadian Developer Over Faults in Gate Building

• Tuesday, 9th August 2016
• by Fatma Khaled

Flaws in construction has resulted in damage of a part of the building that endangered lives which pushed DIFC to take the case to court.

Cost of Emaar Apartments Peaks at AED 3.9 M

• Tuesday, 9th August 2016
• by Fatma Khaled

The residential scheme is expected to be handover in mid-2020 to overlook the Dubai Opera building amid completion

Saudi Oger to Reportedly File for Bankruptcy

• Monday, 8th August 2016
• by Fatma Khaled

Saudi Oger, a Riyadh-based construction company, is expected to declare bankruptcy to overcome its financial problems.