EDB Financing SMEs and Housing Loans

The Emirates Development Bank approved a budget of AED 1.5 bn for 2017 to finance housing loans and SMEs (small and medium enterprises), reported The National on Monday

Dubai Set to Develop Markets

Dubai Municipality aims at developing markets and commercial complexes across the emirate in order to revitalise economic activity in Dubai, according to WAM news agency on Sunday

Damac to Offer Cars With Property Purchases

UAE-based property developer Damac Properties will offer a free luxury car to buyers of selected apartments during the Dubai Shopping Festival, reported Arabian Business on Monday

Prices of Commercial Units at New Minya Increased

Prices of commercial units at New Minya have increased during a public auction held last week, in which six units were auctioned between EGP 10,000 to EGP 13,000 per square meter, reported Al Mal

New Nubaria City to be Expanded

As construction works commenced at New Nubaria City, the New Urban Communities Authority (NUCA) plans to expand the project and is currently studying means to include groundwater cabinets, reported Al Mal

Manazel Unveils Al Reef Villas Model

UAE-based developer, Manazel Real Estate, has unveiled demos of its designed villas of Al Reef 2 project at Al Samha between Dubai and Abu Dhabi, reported Trade Arabia

New Compound Resorts to be Launched in 2017

Micro Castle Co. for Real Estate Investment along with Ibn Sina for Hotel & Real Estate Investments are scheduled to launch their latest developmental projects at Egypt’s summer destinations, the North Coast and Mars ...

Saudi Arabia to Invest in Madinah

As part of the government’s plan to improve infrastructure and other projects in the city of Madinah, Saudi Arabia is currently investing in 1,148 projects and expects to complete them all in 2017, reported the Saudi ...

Oman to Build New Tourism Projects

The National Development & Investment Company (ASAAS), a joint venture of several Omani government agencies, plans to build a new tourism and leisure destination in Barka, a coastal city in Northern Oman, reported ...

Egypt Invests EGP 110 bn in New Cities

The New Urban Communities Authority (NUCA) has currently invested EGP 110 bn to develop 30 cities across the country, featuring public services, facilities, and housing projects and another EGP 70 bn for basic founda ...

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