News / Middle East

Dubai Likely to Finalize Over 47,000 Units in 2019

UAE-based Property Finder has expected the number of completed residential units in Dubai to exceed 47,000 during the current year, following the finalization and delivery of around 21,014 residential units in 2018's third quarter.

GCC Infrastructure Projects Amount to USD 1.14 trn: Orient Planet

The total value of active infrastructure projects in the GCC region reached USD 1.14 trn, with roads, highways, and bridges among the most implemented projects, amidst oil price fluctuation in recent years

Majid Al Futtaim’s 1st Mall in Abu Dhabi to Open in Q2 2019

Dubai-based Majid Al Futtaim, the leading shopping mall, retail, and leisure pioneer across the Middle East, Africa, and Asia, has announced that work is progressing on schedule at its first shopping mall in Abu Dhabi, My City Centre Masdar, which is set to inaugurate in Q2 2019.

Aldar Launches Provis for Estate Management Solutions

Aldar Properties has announced the launch of Provis, a new entity to deliver market-leading, innovative estate management solutions to clients across the UAE.

Emaar Development Unveils Arabian Ranches III in Dubai

Emaar Development unveiled Arabian Ranches III, a secure gated townhouse neighborhood in UAE's Dubai.

Emaar Properties Sees 30% Rise in 2018 Profits

Emaar Properties has posted a net profit of AED 7.216 bn in 2018, a 30% rise from AED 5.561 bn reported in 2017, prior to considering the effect of the initial public offering (IPO) of Emaar Development and forex movement

Imkan Launches AlJurf Properties for Sale

UAE-based developer Imkan has revealed that properties at its coastal destination, AlJurf, are now on sale to the public, with the launch taking place on February 19 and 20.

MREC, Amaco Partner to Promote WAFIEX 2019 in Saudi Arabia

MREC Integrated Real Estate Services and Saudi Amaco Group have signed a strategic agreement to promote and organize conferences and exhibitions.

Eshraq Properties Unveils New Corporate Identity

Abu Dhabi-based real estate company Eshraq Properties has changed its name to Eshraq Investments, following approval from shareholders at a recent general meeting.

Emaar Uncovers The Lounge at Dubai’s Burj Khalifa

Dubai-based developer Emaar unveiled The Lounge, Burj Khalifa, opening doors for the public to the highest point of Dubai's the world's most recognizable and tallest building - at levels 152, 153 and 154.

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