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Egypt’s Palm Hills ‘to deliver 1,800 housing units this year’
Developer also aims to boost the proportion of its business made up of recurring revenues. Egyptian property developer Palm Hills aims to...
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ACC wins contract for Emaar project in Jeddah
Arabian Construction to build three high-rise towers with 283 residential units in Jeddah Gate community. Emaar says it has awarded the Arabian...
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FIFA: Qatar 2022 World Cup works ‘on track’
Jürgen Müller, head of planning and infrastructure, says FIFA is ‘very happy with preparations’. Qatar’s preparations for the 2022 FIFA World Cup...
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Troubled Saudi Binladin Group ‘secures $667m loan’
Construction firm said to agree loan with local banks to ease its financial pressures, according to Reuters report. Crisis-hit Saudi Binladin Group...
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Four Points by Sheraton set to open in Ras Al Khaimah
The hotel, being launched in collaboration with Hamarain Real Estate, is due to open in 2019 and will be Starwood’s first property...
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Al Hamra starts handover of Bayti units in RAK
118 townhouses have been built, with phase one of the Ras Al Khaimah community currently being handed over. Handover of the ‘Bayti’...
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Midday break for UAE workers starts June 16
Strict curbs on construction work under direct sunlight apply from 12.30pm to 3pm daily until September 16. The UAE’s three-month “midday break”,...
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Handover starts at Frankfurt Sports Tower I in Dubai
Shaikhani Group welcomes first residents of 224-unit, $92 million project in Dubai Sports City. Handover of finished units has commenced at the...
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Abu Dhabi new property supply ‘at 7-year low’
Slowdown in new supply to ‘counter some of the downward pressure on rents’ – Abu Dhabi Islamic Bank report. Delivery of new...
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Number of Jeddah hotel rooms to double by 2018 – JLL
Forecast increase is due to the addition of a number of major hospitality projects that are in the pipeline. The number of...
