UDC Signs MoU to Sell Pearl-Qatar Tower

• Monday, 30th May 2016
• by Invest Gate

United Development Company (UDC), a Qatar-based public shareholding Company, signed a Memorandum of Understanding (MoU) for the sale of AQ-02 office tower located at The Pearl-Qatar, within Abraj Quarter precinct.

Dubi’s RTA Contracts AED 703M Deals for Dubai Water Canal

• Sunday, 29th May 2016
• by Invest Gate

Dubai’s Road and Transport Authority (RTA) awarded contracts for AED 703 million ($191 million) for construction work of the fourth and fifth phases of the Dubai Water Canal Project.

Abu Dhabi Launches Second Phase of Kizad Logistics Park

• Saturday, 28th May 2016
• by Invest Gate

Abu Dhabi Ports, master developer, operator and manager of Khalifa Industrial Zone (Kizad), announced the launch of Phase 2 of Kizad Logistics Park (KLP)

Work Starts on AED 1B Dubai Hotel

• Saturday, 28th May 2016
• by Invest Gate

Omniyat Group, Dubai-based real estate Company, announced it has awarded the enabling works contract for the Langham Place Hotel and Residences in Downtown Dubai, an AED1 billion ($272 million) investment.

Kuwait Set to Sign KWD 302M Infrastructure Deal

• Wednesday, 25th May 2016
• by Invest Gate

The Kuwaiti Ministry of Public Housing will contract out KWD 302 million ($1 billion) to a partnership between Italian Contractor Salini Impregilo and Turkey’s Limak Construction for roads and infrastructure works on South Al Mutall City Project.

Dubai Properties Launch AED1B Marassi Business Bay

• Wednesday, 25th May 2016
• by Invest Gate

Dubai Properties Group, a real estate developer, announced the launch of AED 1 billion ($272 million) project along the banks of the Dubai Canal in Business Bay.

Dubai’s Myra Launches AED 150M Apartment Project

• Wednesday, 25th May 2016
• by Invest Gate

Myra Properties, a Dubai-based real estate developer, has launched Crystal Residence, an AED 150 million ($41 million) residential project in Jumeirah Village Circle (JVC).

Deyaar, Asçioglu Sign Deal for $817M Midtown Project

• Wednesday, 25th May 2016
• by Invest Gate

Deyaar Development, a Dubai-based real estate developer, announced its partnership with Asçioglu, a Turkish developer, for the $817 million Midtown Development in Dubai.

Dubai to Build Giant Conference Center worth AED 1.8B

• Monday, 23rd May 2016
• by Invest Gate

Dubai Municipality will develop AED 1.8 billion Convention Center, Arena, on the shores of the Creek.

Bahrain’s Mumtalakat Invest $250M in US Real Estate

• Monday, 23rd May 2016
• by Invest Gate

Mumtalakat Holding Company, a Bahraini sovereign wealth fund, announced a partnership with Regent Properties, a real estate developer and investor based in the US, to acquire an interest in its numerous real estate assets in the US.