Property

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...

Abu Dhabi developer linked with new capital city in Egypt

Eagle Hills, led by team including Emaar chairman Mohamed Alabbar, said to be involved in project to build new city near Cairo...

Qatar takes full ownership of $2.25bn Milan business district

Gulf state’s sovereign wealth fund buys the 60 percent of Porta Nuova area in Italy it doesn't already own. Qatar has acquired...

Egypt’s new capital city to cost $66bn

An unnamed Gulf-based developer is set to be awarded the contract to build a new city east of Cairo. A new Egyptian...

Property firm Damac to build ‘tropical rainforest’ in Dubai

‘Dubai Rainforest’ will be located next to the Trump World Golf Clubhouse and open to residents and visitors to the Akoya community...

Dubai’s Emaar launches Acacia at Park Heights development at MBR City

Sales launch on February 28 to be held in Dubai, Abu Dhabi, Karachi and London. Developer Emaar has launched the Acacia at...

Dubai Torch fire: 101 apartments still inaccessible, says insurer

Oman Insurance Company provides temporary accommodation for those left homeless after Saturday’s blaze. As many as 101 apartments at The Torch building...

Damac towers with Paramount, Fendi ties top out in Riyadh

The Dubai-listed property developer says two branded properties in Saudi capital have reached their final height. Damac has topped out two branded towers...

‘Dubai needs more hotels regardless of Expo 2020,’ Hyatt exec says

General manager of new Hyatt Regency Dubai Creek Heights sees increasing demand for hospitality projects. Demand for new hotels in Dubai would...

Dubai Torch fire-safety systems ‘worked as planned’

Statement from developer comes after some residents claimed alarms did not immediately sound. Fire-safety procedures functioned “as planned” during Saturday's blaze at The...