Saudi Government Launches SAR 4.48 B Residential Project in Riyadh

• Sunday, 3rd July 2016
• by Eman El Sherbiny

The Saudi government announced its plan to build a number of 7,000 new villas, in the eastern part of Riyadh, with an investment of SAR 4.48 billion ($ 1.19 billion), over an area of 6.5 million square meters, a report said.

New Interchange Bridge for Commuters to Doha

• Sunday, 3rd July 2016
• by Eman El Sherbiny

The Public Works Authority, Ashghal has opened a new bridge at Izghawa Interchange, as an integrated part of North Road Enhancement Project, to facilitate commuting to Doha via the North Road Corridor, according to a press statement.

ECC Wins Contract to Build Emaar’s Mulberry Apartments

• Sunday, 3rd July 2016
• by Eman El Sherbiny

Dubai-based Engineering Contracting Company (ECC) has been awarded a contract by Emaar Properties to build the Mulberry apartments on Emaar’s Dubai Hills Site, at the junction of Al Khail Road and Umm Suqeim Road, The National reported.

Land Plots in Dubai World Center Are Now Available to Foreigners

• Friday, 1st July 2016
• by Nadine Abou el Atta

A decision was issued by the UAE Vice-President and Prime Minister and Ruler of Dubai, Sheikh Mohamed Bin Rashid Al Maktoum, to allow foreigners to own 3 new land plots in Dubai World Central, Gulf News reported.

Siemens to Control World’s First 3D Printed Office Building

• Friday, 1st July 2016
• by Nadine Abou el Atta

Siemens has announced that it will control the world’s first office building, produced through the 3D printing technology, which is 6.096 meter high and 36.6 meter long, according to a press statement.

Three Al Habtoor Luxury Hotels to Open by End of Summer

• Monday, 27th June 2016
• by Nadine Abou el Atta

All three luxury hotels within Al Habtoor City are set to be open by the end of summer, as part of the city’s hotel collection, Chairman of Al Habtoor Group, Khalaf Ahmad Al Habtoor announced, according to The National.

Emaar Awards AED 1 B to Trojan General Contracting

• Monday, 27th June 2016
• by Nadine Abou el Atta

Emirati Trojan General Contracting (TGC) announced that it has been awarded a AED 1 billion ($ 272 million) contract for the construction of Mira Oasis townhouses, in the Reem neighborhood, by top UAE developer Emaar Properties, Trade Arabia reported.

Turkey’s Anel Mepa Wins QAR 242 M Contract for Doha Metro Project

• Sunday, 26th June 2016
• by Nadine Abou el Atta

Turkish company, Anel Mepa was awarded a QAR 242 million ($ 66.5 million) letter of conditional award from main contractor FCC-Yuksel-Archirodon-Petroserv JV, for the Red Line of the Doha Metro project in Qatar, Trade Arabia reported.

Waha Land Signs AED 426 M Deal for Industrial Real Estate Project

• Sunday, 26th June 2016
• by Nadine Abou el Atta

UAE’s Waha Land, part of Waha Capital has signed a AED 426 million ($ 115.9 million) financing agreement with Emirates Islamic Bank for the development of Almarkaz industrial real estate project near Abu Dhabi, Arabian Business reported.

Al Zamil Signs Saudi Hotel Deal with Swiss International

• Sunday, 26th June 2016
• by Nadine Abou el Atta

Al Zamil real estate group signed an agreement with Swiss International, which is a hospitality chain to establish a new hotel at Al Qassim Touristic City project in Saudi Arabia, Trade Arabia reported.