UAE

  • Nakheel’s Trio V Tower Achieves 430 mn in Sales
    Developers

    Nakheel’s Trio V Tower Achieves 430 mn in Sales

    Tuesday, 16 March 2021

    Nakheel Real Estate Development Company achieves contractual sales in the first phase of the Trio V Tower in the New Administrative Capital (NAC) worth EGP 430 mn within a record time of 10 days, Invest-Gate reports.

  • Second IKEA Store in Egypt Now Opens at Mall of Arabia
    Developers

    Second IKEA Store in Egypt Now Opens at Mall of Arabia

    Thursday, 4 March 2021

    IKEA, the region’s leading Swedish home furnishing retailer, and a member of Al-Futtaim Group of companies, has successfully opened doors to its second store in Egypt at Mall of Arabia expecting to receive up to three million visitors in the first year, Invest-Gate reports.

  • Expo 2020 Pavilions Premiere Launched
    Developers

    Expo 2020 Pavilions Premiere Launched

    Saturday, 23 January 2021

    Expo 2020 Pavilions Premiere is launched and will offer visitors an opportunity to be among the first to experience Terra – The Sustainability Pavilion... The Expo continues until April 10, 2021

  • Dubai Property Prices Drop 0.9%, Rents Fall 6.9% in Q3 2020
    Business

    Dubai Property Prices Drop 0.9%, Rents Fall 6.9% in Q3 2020

    Wednesday, 23 December 2020

    The Central Bank of the UAE (CBUAE) has reported that residential prices in Dubai dropped 0.9% YoY in Q3 2020, referring to inexorable pressure from the ongoing Coronavirus crisis.

  • Emaar, Arada Kick Off Sale of Vida Residences Phase I
    Developers

    Emaar, Arada Kick Off Sale of Vida Residences Phase I

    Thursday, 26 November 2020

    Emaar Hospitality, the hospitality arm of Emaar Properties, and UAE-based Arada have officially launched the first phase of off-plan sales for "Vida Residences Aljada," marking Sharjah’s first-ever branded residences.

  • Egypt’s Hotels Worst Hit in MENA Region Amid COVID-19: Colliers
    Business

    Egypt’s Hotels Worst Hit in MENA Region Amid COVID-19: Colliers

    Wednesday, 25 November 2020

    Colliers International’s latest MENA Hotels Quarterly Review (Q3 2020) shows that Egyptian hotels have been the region’s worst-hit so far by COVID-19, with occupancy going down at least 50% during this year, despite the resumption of international flights and reopening of prime tourism spots.

  • Cityscape Dubai to Return Today
    Developers

    Cityscape Dubai to Return Today

    Sunday, 15 November 2020

    Cityscape Dubai returns to the World Trade Center today with strict measures to protect visitors from the spread of COVID-19

  • CFC Club Comes to Light Exclusively at Cityscape Egypt
    Developers

    CFC Club Comes to Light Exclusively at Cityscape Egypt

    Wednesday, 4 November 2020

    Cairo Festival City (CFC), one of Al Futtaim Group's developments in Egypt, launched CFC Club to provide the mixed-use urban community's residents and visitors with an array of sports and social activities, on the sidelines of the first day of Cityscape Egypt, which runs from November 4 to 7. 

  • Abu Dhabi’s Aldar, ADQ  Ink  A USD 8.2bn- Agreement
    Developers

    Abu Dhabi’s Aldar, ADQ Ink A USD 8.2bn- Agreement

    Monday, 26 October 2020

    Abu Dhabi’s state-owned holding company, ADQ, will form a USD 8.2 bn public-private partnership with real estate developer Aldar for the development and management of government capital projects

  • Sobha Realty announces a Successful Third Quarter
    Developers

    Sobha Realty announces a Successful Third Quarter

    Monday, 26 October 2020

    Sobha Realty, a leading premium real estate developer, has announced a successful third quarter, registering a significant increase in international investors compared to the previous quarter and an uptick in investors from the GCC region, mainly India and China