Tag: real estate

Construction & Real Estate

Red Sea International awards hospital construction contract

Red Sea International Company has announced that its key subsidiary, Fundamental Installation for Electric Work Company, has secured a construction contract from Al Arab Hospital Company for the construction of a premium healthcare facility in Jeddah. The entire work on the 19-storey hospital will be completed within 420 days. ...

Construction & Real Estate

Grnata Group employs, trains 60 Bahrainis via Tamkeen programmes

Grnata Group has employed and trained more than 60 Bahraini employees through the various programmes offered by the Labour Fund (Tamkeen), as part of ongoing efforts to invest in national talent in the real estate and construction sectors....

Construction & Real Estate

CMA seeks feedback on the draft controls for Saudi real estate ownership

Saudi Arabia’s The Capital Market Authority (CMA) has sought public feedback on the draft controls governing the real estate ownership by listed companies, investment funds and special purpose entities (SPEs) in the kingdom including the cities of Makkah and Madinah. ...

Construction & Real Estate

Palace Group unveils new luxury residential project in Jumeirah

Palace Group, a key player in the UAE’s luxury real estate sector, has announced the launch of Aya, an exclusive new residential development at Jumeirah Garden City in Dubai. Set for 2027 completion, the project features 70 exclusive homes with a mix of one- to two-bedroom units. ...

Construction & Real Estate

Dubai real estate market growth ‘strongest on record’

Dubai’s property market performance in 2025 is the strongest on record and this reflects the emirate’s transition into a more mature and sustainable phase, driven by real and balanced demand across all property asset classes, said Badar Rashid AlBlooshi, Chairman of Arabian Gulf Properties....

Construction & Real Estate

Thakher Development seals prime Makkah property land deal

Leading Saudi real estate group Thakher Development has announced that a deal has been signed by leading Saudi asset management company Nama Capital in collaboration with Alazm Holding to acquire a prime plot of land within its key development Thakher Makkah. ...

Construction & Real Estate

Garbe Industrial, ARTAR to set up new Saudi logistics real estate JV

Garbe Industrial, a leading developer of logistics and light industrial real estate in Germany, has joined hands with Saudi group ARTAR to set up a landmark venture that will focus on delivering premium-grade warehouses and distribution centres across the kingdom. ...

Construction & Real Estate

JLL inks deal to acquire strategic stake in Saudi PIF company

Global real estate expert Jones Lang LaSalle (JLL) has announced that it has reached an agreement with Saudi Arabia's sovereign wealth fund PIF to acquire a significant stake in its company - Saudi Facility Management Company (FMTECH). ...

Construction & Real Estate

Mubadala, Barings ink $500m global real estate debt partnership

Abu Dhabi-based Mubadala Investment Company and Barings, one of the world’s top investment managers, have entered into a $500 million global real estate debt partnership. The new JV will focus on investing in subordinated loans across real estate asset classes. ...

Construction & Real Estate

Liveability now key in Dubai's luxury real estate market, says expert

The competitive edge in Dubai’s luxury real estate market has now shifted towards quality of life, said a leading industry expert. Liveability is now the key as luxury properties that genuinely elevate wellbeing are the star attraction for UHNW residents. ...

Construction & Real Estate

Unico signs up DECA as sales partner for its Dubai projects

Unico, an international real estate developer, has entered into a strategic alliance with DECA, a real estate marketing specialist, to drive the sales of its upcoming portfolio of design-led residential communities in Dubai. ...

Construction & Real Estate

LeadSquared, PIXL Global to deliver developer-ready solutions

LeadSquared, an AI-ready CRM platform, has collaborated with PIXL Global, a Dubai-based full-service agency specialising in off-plan branding, to deliver developer-ready solutions that unify property listings, automation workflows and revenue pipelines. ...

Construction & Real Estate

Tight supply conditions drive UAE real estate sector growth in Q3

The UAE's real estate market experienced strategic evolution across the residential, hospitality and industrial sectors, with robust demand and shifting occupier and investor priorities actively reshaping market dynamics in Q3 2025, said an industry expert. ...

Construction & Real Estate

JLL plays key role in Dubai serviced apartment tower sale

Global real estate expert JLL said it has successfully advised on the sale of a strategically-located serviced apartment tower in Dubai, leveraging its extensive global investor network to connect international capital with regional opportunities. ...

Construction & Real Estate

Saudi real estate market posts Q3 growth on solid investor demand

A dynamic real estate landscape continued to unfold across the Kingdom of Saudi Arabia in Q3 catalysed by Vision 2030's transformative impact. Amidst this comes a new wave of regulatory changes that is set to significantly influence real estate dynamics, said an expert. ...

Construction & Real Estate

Elevate hits major milestone with record-breaking RAK project sales

Elevate, a lifestyle real estate brand, said it has received an overwhelming investor response for its key project - Mondrian Al Marjan Beach Residences - in Ras Al Khaimah with more than 200 of its units being snapped up within two hours of launch. ...

Construction & Real Estate

DHG Properties unveils third premium Helvetia property in Dubai

DHG Properties, a leading Swiss real estate developer with a major presence in the UAE, has launched its latest premium residential development - Helvetia Marine - on Dubai Islands. This marks DHG’s third project in Dubai under its Helvetia real estate brand. ...

Construction & Real Estate

Dubai Investments unit unveils two-tower development

Dubai Investments has announced that its real estate subsidiary DIR has unveiled a landmark mixed-use development - Al Vista - in Meydan. It comprises two towers - a 39-storey building featuring a total of 312 apartments and a 19-storey commercial tower. ...

Construction & Real Estate

NBB seals finance deal with Kanoo for premium residential projects

The National Bank of Bahrain (NBB) has signed an agreement with Kanoo Real Estate, a division of the Yusuf Bin Ahmed Kanoo Group, to provide financing for their premium residential developments coming up in the kingdoms of Bahrain and Saudi Arabia. ...