News / Middle East

Al Bawani to Implement New USD 83 mn Commercial Tower

The Eastern Province Chamber of Commerce and Industry (Asharqia Chamber) has awarded Saudi-based Al Bawani Company a contract to carry out implementation works of its newest commercial tower in the kingdom's eastern province, dubbed Al Kharwa Investment Tower.

Nakheel Reveals New Attraction at Palm Jumeirah

Dubai-based Nakheel has revealed a new addition to Dubai’s recreation and leisure scene with "The View" at The Palm, a public observation deck towering 240 meters above the world-famous Palm Jumeirah.

Select Group Begins Delivery of its Dubai’s 2nd Luxury Tower

Dubai-based real estate developer Select Group has commenced the delivery of its second luxury tower in Dubai, The Residences at Marina Gate II.

DLD Unveils New Real Estate Investment Initiative

Dubai Land Department (DLD) has launched the Real Estate Investment Opportunities (REIOs) initiative, aiming to attract more investors from all economic sectors.

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

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