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.

Saudi Construction Contracts Value Witness Sharp Drop by 51%

• Monday, 23rd May 2016
• by Invest Gate

Saudi Arabia’s total value of construction contracts for the first quarter (Q1) of 2016 was recorded at SR 27.9 billion ($7.4 billion), dropping by 51% in comparison to the same period last year where the value reached SR 27.9 billion ($7.4 billion.

Sandan Signs Agreement with Towell for Light Industries Park in Oman

• Monday, 23rd May 2016
• by Invest Gate

Sandan Development, a Omani real estate developer, has signed an agreement with Towell Construction Company (TCC) for the construction of the first integrated light industries park in Oman.

Emaar Awards Construction of Jeddah Project to ACC

• Sunday, 22nd May 2016
• by Invest Gate

Emaar Middle East, a subsidiary of the real estate developer Emaar Properties, contracted the construction of Emaar Residences in Jeddah Gate to Arabian Construction Company (ACC).

World Cup Stadium in Qatar to Cost QAR 36.4B

• Sunday, 22nd May 2016
• by Invest Gate

Qatar’s World Cup Stadium will cost between QAR 29.1 billion($8 billion) and QAR 36.4 billion ($10 billion) in construction costs for the 2022 Games, said Hassan Al Thawadi, the secretary-general of the Supreme Committee for Delivery and Legacy (SC).

UAE’s Green Valley Launches 350 Villas Morocco Project for AED 500M

• Saturday, 21st May 2016
• by Invest Gate

Green Valley International Real Estate, a Dubai-based real estate company, announced the launch of the City of Green Valley Marrakech project, an investment worth AED 500 million ($136 million).