Qatar to Invest $13 bn in Infrastructure

Qatar will spend up to $13 bn on infrastructure projects in 2017 despite a drop in revenues due to a low oil price, said Finance Minister Ali Shareef Al Emadi on Tuesday, reported The National

Nakheel’s Palm West Beach Underway

Nakheel Properties, a Dubai-based property developer, called on development corporations to jointly start the construction of its Palm West Beach project in Dubai, reported Zawya Projects on Tuesday

Sheikh Zayed City Demands EGP 100 mn for Projects Development

Sheikh Zayed City Authority has requested of Planning, Monitoring and Administrative Reform an additional budget worth of EGP 100 mn as part of the city’s current budget that is allocated for Dar Misr project , an el ...

Capital Group to Invest $250 mn by Q1 2017

Capital Group Properties (CGP) will be increasing its investments to a total of $ 250 mn by the first quarter of 2017, according to the company’s CEO Amgad Hassanein, reported Al Borsa

Mubadala Seeks EOIs for Al Maryah Project

UAE's Mubadala Development Company called for expressions of interest (EOIs) for its landscaping works at the Al Maryah Island promenade extension project, reported ME Construction News on Sunday

Rotana to Open 12 New UAE Hotels

Rotana, an international hotel management company, is set to open 12 new hotels in the UAE by 2020, six of which are to become five-star hotels, while the other ones will comprise of four- and three-star hotels as we ...

Egypro Bids Over Land in Assiut

As part of the New Assiut City development plan, an Egyptian company, Egypt Trading and Engineering Projects (Egypro), has joined eight other counterparts in bidding over 13,000 square meters lands for commercial use ...

Land Plots in New Qena to be Delivered Starting January

Land plots that are part of the seventh phase of a social housing project in New Qena City will be delivered to winners of the public lottery from January 1 go February 19, 2017, according to Head of the City’s Autho ...

MAG 5 Boulevard Sees 50% First Week Sales

MAG 5 Boulevard, a development by MAG 5 Property Development, saw 50% of its phase 2 sell out during the first week, according to a press release issued Sunday.

Oman’s Real Estate Market in Recovery

The real estate market in the Sultanate of Oman is showing signs of recovery, according to a real estate official, reported the Times of Oman on Saturday.

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