GCC has witnessed the release of USD 5.5 bn worth of new projects in April, primarily driven by Saudi Arabia which contributed to 67% of the total value of additions.
UAE's Lootah Real Estate Development has partnered with International Real Estate Partners (IREP) to cut down on the cost of maintenance and energy consumption in all its properties.
Abu Dhabi Executive Council has approved to disburse AED 5.5 billion worth of housing loans, houses, and residential plots to more than 5,500 nationals within the UAE capital
UAE's Harbor Real Estate has achieved the gold ranking for the third time in a row for its contribution to the "10 million meals" campaign during the few days of the launch
Dubai-based wasl properties has kicked off a new app, called "wasl properties Leasing," enabling clients to find, book, and lease new real estate units online from its extensive portfolio of properties
Majid Al Futtaim has postponed the launching of City Centre Al Zahia, located in UAE's Sharjah, to March 2021 due to the COVID-19 pandemic.
Middle Eastern fund managers plan to raise their investments in Egypt in the second quarter of 2020
The General Assembly of the Bureau International des Expositions (BIE) has approved the postponement of “Dubai Expo” till October 2021, instead of October 2020
Saudi Arabia will isolate the industrial area of Dammam from May 3, preventing entry and exit until further notice, to curb the spread of the new coronavirus, state news agency SPA reports.
GCC corporate earnings will be negatively impacted in the first half (1H) of the year as businesses and the economy have been severely hit by the COVID-19 pandemic, Reuters reports.
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