SEDCO Development to Develop Jeddah’s Al-Rawdah Complex

Saudi property developer SEDCO Development finalizes a deal for a new commercial, residential and recreational project in Jeddah, Reuters reports.  

Arab Development to Incur Losses Worth EGP 600,000 on Project Withdrawal

Egyptian property developer Arab Development and Real Estate Investment (ADRI) is to suffer losses worth EGP 600,000 after the Armed Forces Engineering Authority withdrew a five-building project awarded earlier to th ...

Dubai’s Azizi Developments Releases New Residential Project

Dubai’s property developer Azizi Developments unveils its second residential building in Dubai Healthcare City, following the success of Azizi Aliyah, Invest-Gate reports.

Vincitore Real Estate Launches 2nd Residential Project in Dubai

Dubai’s developer Vincitore Real Estate Development unveils its second project, Vincitore Boulevard, in Dubai, Invest-Gate reports.  

Emaar Reports USD 10.9 bn Project Backlog in UAE

Real estate developer Emaar Properties PJSC says that its projects backlog in the United Arab Emirates amounts to AED 40 bn (USD 10.9 bn), Reuters reports.

Heliopolis Housing Mulls Partnership for New Project

Egyptian construction company Heliopolis Company for Housing and Development is considering partnership with major companies operating in the field of development and real estate to utilise a plot of land spanning 19 ...

Saudi Arabia Opens Phase I of Jabal Omar Project

Saudi Arabia inaugurates the first phase of the iconic Jabal Omar Project near the Grand Mosque in Mecca, Saudi Gazette reports.

First Phase of Siemens’ Mega Project in Egypt Finalized

Germany’s conglomerate company, Siemens, announces that the first phase of its mega project in Egypt has been finalized, with 4.8 GW already being connected to the grid, Invest-Gate reports.

UAE Sees Delivery of 33-Storey Tower Project

UAE-based property developer Al-Thuriah Properties completes handover of its Sahara 4 Tower in Al-Nahda, Invest-Gate reports.

Construction Begins in ISuites Project in Dubai

Dubai-based contracting company Al-Hamd Group begins the construction of 2,550 hotel apartments in ISuites Project in Dubai Investment Parks that is developed by Schön Properties, Invest-Gate reports.

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