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KIPCO plans $5bn real estate project in Kuwait City
Investment firm is planning 380,000sqm project, says vice-chairman. Kuwait Projects Company (KIPCO), the largest private-sector investment firm in the GCC state, has...
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Dubai’s Nakheel inks deal with Premier Inn for Dragon City hotel
The property, due to open in 2018, is one of nine Dubai hotels Nakheel plans over next five years . Dubai property...
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Mecca crane ‘could not withstand intense winds’
Crane that fell at Grand Mosque in Saudi Arabia, killing at least 107 people, was reportedly fixed to the ground with four...
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Jordan’s Prince Ali: Qatar 2022 World Cup bid should have been for Gulf-wide event
Royal to stand as candidate in FIFA presidential elections in February 2016. Prince Ali Bin Al Hussein of Jordan, a candidate for...
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UAE theme park revenues to hit $837m by 2019 – Euromonitor
Revenues set to increase by 78% over the next four years, according to report. Theme park revenues in the UAE are set...
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Dubai’s $272m Mall of the Emirates expansion completes
The UAE-based retail giant Majid Al Futtaim is set to open the mall’s 36,000sqm retail extension on September 28. The UAE’s Majid...
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Mecca crane collapse: Saudi king promises public investigation
King Salman visits the Grand Mosque, where a crane collapsed on Friday killing at least 107 people. Saudi Arabia is to open...
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Kuwait’s TREG to hand over UK residential project
The Pearl Works in Sheffield is set to be handed over to owners this month, says exec. The Kuwaiti developer Top Real...
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Dubai property prices ‘to rebound over next 12 months’
The emirate has the worst-performing real estate market in the world – but 60% of residents think it will recover soon. Dubai...
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Bloom to build five-star Edition hotel at Abu Dhabi Marina
Property developed by Bloom Holding hospitality subsidiary is set to open next year. Bloom Hospitality has announced the development of a five-star...
