GCC Records USD 5.5 bn New Projects in April

GCC has witnessed the release of USD 5.5 bn worth of new projects in April, primarily driven by Saudi Arabia which contributed to 67% of the total value of additions.

IPS Riyadh’s 2nd Edition Generates Over EGP 600 mn in 3 Days

The second edition of International Property Show (IPS) Riyadh, KSA, generated contractual sales surpassing EGP 600 mn from December 12 to 14, 2019.

JIIC Awards Over AED 80 mn Works for Jubail Island

UAE’s Jubail Island Investment Company (JIIC) has granted an infrastructure works contract worth over AED 80 mn for Jubail Island to Gulf Contractors Company (GCC).

Majid Al Futtaim Plans for EGP 16 bn Investments in Egypt

UAE retail conglomerate Majid Al Futtaim CEO Alain Bejjani has revealed planned investments worth EGP 16 bn (USD 996.26 mn) in Egypt over the next two to three years, EGP 14 bn (USD 866.64 mn) of which will be all ...

Future Cities of Egypt Forum to Gather 400 Local, Foreign Investors

Future Cities of Egypt Forum will kick off on December 8, under the theme "Business and Investment Opportunities," bringing together 400 Egyptian and Arab investors, led by a delegation from KSA and other GCC coun ...

Mubadala, Nirvana Partner to Brace Abu Dhabi’s Medical Tourism

Mubadala Investment Company's healthcare arm, Mubadala Healthcare, inked a memorandum of understanding (MoU) with Nirvana Travel and Tourism to team up on projects that brace Abu Dhabi Vision 2030 by setting the e ...

Emaar Hospitality, Claviger Ink Deal to Drive Hotel Room Sales in GCC

Emaar Hospitality Group, the hospitality and leisure arm of Emaar Properties, has partnered with Claviger, a sales representation group, to promote sales of the former's hotel rooms across the GCC region.

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

GCC Countries Exert Efforts to Offer Affordable Housing

GCC countries are strengthening their efforts to give more access to affordable housing for low- and middle-income households.

Hassan Allam Awarded Water Project in New Mansoura

Hassan Allam Holding (HAH) has announced a new project award for the establishment of a desalination plant in New Mansoura city.

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