Property

‘Mini Ibiza’ island in UAE to stick to the law as it woos party-goers

Ras Al Khaimah property developer says $4.87 billion party island will seek proper licenses to operate. The developer behind a planned party...

Dubai proposes scheme to force developers to offer affordable housing

Big developers would have to build homes for low-income families under proposal made by city authorities, according to press report. Dubai authorities...

Arabtec shares tumble as $40bn Egypt deal stalls

Dubai-listed builder hit by report claiming it has not met conditions required for massive housing project. Shares in the Dubai-listed builder Arabtec...

Qatar’s Barwa Real Estate appoints new CEO

Salman Mohamad Al Muhannadi, former chief executive of QNB Capital, takes the helm. Barwa Real Estate Group of Qatar has announced the...

Dubai’s RTA to issue tenders for Union Oasis project in May

Towers above the Union Metro Station to be built under a public-private partnership. Dubai’s transport authority is moving ahead with a large...

‘New Ibiza’ to be built in Ras Al Khaimah, UAE

Man-made Al Marjan islands development to feature clubs, beach parties and 100 restaurants. Four man-made islands off the coast of the UAE...

New malls bring surge in Bahrain retail sector

New projects to be added to the retail and hospitality pipeline, while residential sector remains stable, CBRE report says. Bahrain’s retail sector...