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DAMAC Welcomes 1st Residents of AKOYA

DAMAC Properties has begun handovers at "Claret," a cluster of its landmark 55 mn square-feet master development in Dubai, dubbed AKOYA.

Ras Ghareb’s 250 MW Windfarm Supplies Power to Grid: Orascom

Orascom Construction announced that the 250-megawatt wind farm at Ras Ghareb, the second-largest city in Red Sea Governorate, has successfully managed to deliver power to the grid.

SP Mideast Awarded AED 1.53 bn Abu Dhabi’s Qaryat Al Hidd

Saadiyat Development and Investment Company (SDIC) awarded on June 25 an AED 1.53 bn construction contract to Shapoorji Pallonji Middle East (SP Mideast) for the 160,000-square-meter Qaryat Al Hidd project on Abu Dhabi's Saadiyat Island

DAMAC to Launch New Luxury Homes in Dubai’s Business Bay

Dubai-based real estate developer DAMAC Properties has announced plans to officially launch its new luxury residential project in Dubai’s Business Bay, "Zada," as of June 29, allowing potential buyers to pay eased monthly installments over five years.

Aldar, Apparel Group Seal 23 Lease Store Contracts

Aldar Properties, Abu Dhabi’s leading property development, management, and investment firm, has sealed a major deal with global fashion and lifestyle retail conglomerate Apparel Group, regarding 23 stores across three of the former’s popular retail malls in the UAE.

Abdul Latif Jameel Starts Work on Jeddah’s Dari Q

KSA-based residential and commercial real estate developer Abdul Latif Jameel Land has broken ground on its third Jeddah-based residential complex, Dari Q, mingling a variety of spacious apartments with a diverse range of amenities in one place

DLD, Etisalat to Create Real Estate Blockchain Platform  

Dubai Land Department (DLD) and Emirates Telecommunications Group Company (Etisalat) have joined forces to introduce a real estate blockchain platform, called "Ejari" application, that ensures paperless management and digital contracts for property transactions, using a smart and secure database.

Emaar Hospitality Presents Premium Lifestyle Hotel in Dubai

Emaar Hospitality Group, the hospitality and leisure arm of global developer Emaar Properties, presented on June 13 its latest 160-room premium lifestyle hotel in Dubai's Emirates Hills neighborhood, Vida Emirates Hills.

Jumeirah Group to Expand MICE Services in Abu Dhabi Resorts

Dubai-based luxury hotel brand Jumeirah Group has announced plans to integrate its diverse meetings, incentives, conferences, and events (MICE) offerings into its new hotel portfolio in Abu Dhabi.

Bahrain to Open World’s Largest Underwater Park in August

Bahrain is set to become a global leader in the ecotourism field as it plans to open the world's largest eco-friendly underwater theme park, coming up within the kingdom's master-planned island city, Diyar Al Muharraq.

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