Diyar Al Muharraq projects in spotlight at Gulf Property Show
Diyar Al Muharraq, a leading urban developer in Bahrain, said its upcoming projects such as the Al Bareh and Al Qamra freehold residential developments and Star Commercial Villa plots have been a big hit at the Gulf Property Show in Manama.
Alabbar shares Emaar success story in Harvard
Mohamed Alabbar, founder and chairman of Dubai-based Emaar Properties, shared the success story of Emaar with over 80 students at the prestigious Harvard Business School in Boston.
Artar wins top real estate developer award
Saudi-based Artar Real Estate Development said it has won the best real estate developer award at Restatex, the Riyadh Real Estate and Urban Development Exhibition, for 50 years of its construction excellence.
Hormann launches multi-purpose MZ doors
Hormann, a leading Germany-based provider of doors and gates, has launched its multi-purpose doors MZ Thermo/MZ ThermoPlus for homes in the Middle East region.
Ezdan to launch Phase One of Doha mixed-use project
Qatar-based Ezdan Holding Group has announced plans to launch the first phase of its mega mixed-use project Ezdan Oasis, featuring 2,058 residential and commercial units and other leisure and entertainment facilities, in Doha.
Ajman real estate transactions top $199m in Q1
The real estate sector in the UAE emirate of Ajman has registered solid growth during the first quarter of 2017 with its sector transactions surging to more than Dh733 million ($199 million), said industry experts.
Golden Group to build 250-room hotel in Oman
Golden Group Holding, a Oman-based group with interests in real estate, hospitality, construction and energy sector, has joined hands with leading hospitality group Rotana to build a new 250-room luxury hotel in Muscat.
ENBD REIT's property portfolio value soars to $315m
UAE-based Emirates NBD Asset Management said its shari’a-compliant real estate investment trust (REIT) has been witnessing steady growth with its property portfolio value now worth $315 million.
Aldar picks Emaar unit to manage Abu Dhabi resort
Abu Dhabi's leading developer Aldar Properties has signed up Vida Hotels and Resorts, a subsidiary of Dubai-based Emaar Hospitality Group, to operate a hotel within its masterplanned community on Reem Island.
Egypt floats tenders for major steel plant revamp
Egypt's government has floated a tender seeking bids from international construction and engineering groups for the refurbishment of the country’s largest public company, Egyptian Iron and Steel Company, said a report.
Schon, Al Hamad Group ink $871m hospitality JV
PLAN FOR 2550 APARTMENTS
Dubai-based property developer Schon Properties and Al Hamad Group, a leading construction company in the GCC, announced a joint venture to develop iSuites - a Dh3.2-billion ($871 million) hospitality development in Dubai Investment Park.
Bahrain working on $10bn hotel projects
Fifteen new five- and four-star hotels and beachfront resorts with a combined investment of more than $10 billion will be established in Bahrain over the next five years, a report said.