News / Middle East

Saudi Malls Exempt Tenants From Rental Payments Amid COVID-19

Saudi Arabia has seen at least four shopping malls granting a rent reprieve to retailers and other tenants due to coronavirus, Zawya reports.

Tenant Negotiations Provided in Dubai Rental Market

Dubai's rental market provides room for tenant negotiations in addition to other incentives

Arabtec Wins AED 210 mn Construction Deal in Abu Dhabi

UAE's Arabtec Holding said its wholly-owned subsidiary Target Engineering has been awarded two key contracts valued at AED 210 mn in UAE

Dubai Sees 10,243 Property Transactions in Q1

Dubai registered a total of 10,243 real estate transactions in the first quarter of 2020

Dubai’s Emaar Sells 80% of Cooling Business

Dubai's Emaar Properties sold its 80% stake in its cooling business in the prime Dubai Downtown area to National Central Cooling Co. (Tabreed) for USD 675 mn

Dubai Announces Lockdown for 2 Weeks Amid Coronavirus

Dubai announced a two-week-long lockdown starting on April 3 to contain the spread of the coronavirus

COVID-19 to Impact Property Design, Management: Lootah

Lootah Real Estate Development said the coronavirus disease (COVID-19) is expected to change the region's real estate design and property management in the short and long term

Emaar Adopts Work-From-Home Policy

Dubai-based Emaar Group has adopted a work-from-home policy for its employees effective March 23

Azizi Developments’ Website Traffic Up 45% Over COVID-19

UAE's Azizi Developments has reported a remarkable surge in the volume of its website visitors, time spent on its site, and digital inquiries

Three Bahrain Expos Postponed to October

Bahrain suspended three of its big annual events, namely the Gulf Property Show, Gulf Construction, and Interiors Expo, which were scheduled to be held in April

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