Union Coop reveals $16.3mn Al Barsha 3 project has passed 40% completion

Work currently underway to complete the concrete structure of the building. Union Coop, the largest consumer cooperative in the UAE, has said...

Mubadala arm offers three month rent waiver to its tenants on Al Maryah Island

Initiative includes rent relief and deferments to residential, commercial and retail tenants at Al Maryah Island, and flexible payment and fees. The...

KSA’s Raza says two major residential projects will be delivered in Q3 2020

Developer says that work on East Village and Jeddah Obhur City is in full swing. Raza, the real estate arm of the...

Coronavirus: DCT Abu Dhabi launches new hygiene certification for tourism sector

Billed as a first of its kind in the region, the certificate aims to upgrade and standardise the cleanliness and hygiene levels...

Ajman Ruler issues new real estate development regulation law

Law aims to regulate real estate development projects in the emirate to forge a safe investment environment. HH Sheikh Humaid bin Rashid...

Lamprell wins EPIC contract for Sharjah gas and condensate field

Discovery of the onshore Mahani field was announced by SNOC and its partner Eni at the end of January2020. Sharjah National Oil...

Oman sees real estate deals hit $1.63bn in first two months of 2020

Number of plots issued till end of February was down by 5.7% compared to same period in 2019. The total value of...

Acciona launches BIONS to boost water supply systems

Platform boasts a graphic and mobile interface and displays data of the water distribution network in real time. Acciona has launched what...

Coronavirus: ENBD REIT announces rent relief measures to help tenants during COVID-19 crisis

Flexible solutions proposed to help combat crisis across portfolio. ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD...

Top officials briefed about construction progress on $220mn Bahrain International Exhibition and Convention Centre

309,00sqm facility will strengthen Bahrain’s event infrastructure and allow it to host larger events in future. Leading Bahrain government officials, led by...