Abu Dhabi Government to Inject AED 544 M into Infrastructure Projects

• Monday, 18th July 2016
• by Eman El Sherbiny

Abu Dhabi Government plans to pump over AED 544 million ($ 148 million) in infrastructure projects.

Dubai South Awards AED 1 B worth of Projects in Dubai’s Residential District

• Monday, 18th July 2016
• by Eman El Sherbiny

Dubai South has recently awarded AED 1 billion ($ 272 million) worth of contracts for development projects in Dubai’s Residential District, adjacent to the Expo 2020 Dubai site.

Emaar Properties to Launch Dubai Hills Estate Homes

• Thursday, 14th July 2016
• by Eman El Sherbiny

Leading developer, Emaar Properties announced the launch of an exclusive collection of homes within Dubai Hills Estate.

Aldar Makes Remarkable Progress Across Residential Projects Portfolio

• Thursday, 14th July 2016
• by Eman El Sherbiny

Abu Dhabi-based and top real estate developer, Aldar has seen a strong progress in its portfolio of residential projects in the emirate, Trade Arabia reported.

Kuwaiti Kamco Buys 16,500 Sqm Commercial Land in Riyadh

• Thursday, 14th July 2016
• by Eman El Sherbiny

Kamco, the top Kuwaiti investment company, with one of the highest assets under management (AUM) in the region announced that its real estate fund has bought a 16,500 square meter commercial land in Riyadh, Saudi Arabia.

Huawei and Dubai South Ink Agreement for Smart City Collaboration

• Wednesday, 13th July 2016
• by Eman El Sherbiny

Top global ICT solutions firm, Huawei has signed an agreement with Dubai South to implement future-city capabilities and services to Dubai’s South Business Park Free Zone.

Tanmiyat Group Finishes Full Handover of Dubai Office Tower

• Wednesday, 13th July 2016
• by Eman El Sherbiny

Dubai-based development firm, Tanmiyat Group announced the handover of its new office tower project at Business Bay in Dubai, Trade Arabia reported.

Qatar to Build Zaha Hadid Desert Flower-Shaped Hotel

• Wednesday, 13th July 2016
• by Eman El Sherbiny

Qatar is planning on building two buildings designed by the late Iraqi-British iconic architect, Zaha Hadid, which will include a desert-flower shaped tower near the site of the 2022 soccer World Cup final, a member of its ruling family said on Tuesday, according to Reuters.

Work on Oman’s Mix-Use Real Estate Project to Start in 2017

• Wednesday, 13th July 2016
• by Eman El Sherbiny

Construction work on the OMR 962,625 million ($ 2.5 billion) Omagine, which is a mixed-use tourism and real estate project, will begin in 2017 over a 1 million square meter beachfront area, Trade Arabia reported quoting a report.

Jordan’s Property Market Sees Over 6% Slump in 2016

• Tuesday, 12th July 2016
• by Eman El Sherbiny

Jordan’s property trade has witnessed during the first half of 2016 (H1 2016), a 6% fall when it comes to the total trade and revenues from real estate sales, dropping from 2015, ME Construction News reported quoting Jordan’s official news agency.