Magazines
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Dubai’s Damac plans sale of first Aykon City residential units
Two-bedroom units starting at AED1.69 million are set to go on sale on June 11. Damac Properties has announced the upcoming sales...
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Nissan appoints new managing director for Saudi Arabia
Regional auto industry veteran Simon Frith to take charge of operations in the kingdom. Nissan has announced the appointment of Simon Frith...
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Dubai’s Union Properties signs $79m project finance deal
Ajman Bank and National Bank of Ras Al Khaimah acted as joint lead managers for the deal. Dubai-based Union Properties has signed...
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Orpic ‘to invest $320m in Muscat – Sohar pipeline’
Planned 290km pipeline network will save $20 million per year for the oil logistics system – report. The state-owned Oman Oil Refineries...
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Dubai property prices hit ‘plateau’ – ValuStrat
Real estate consultancy’s index finds evidence of price stabilisation. Rents and sale prices in Dubai’s residential property sector are showing strong signs...
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Dubai tower to soar ‘100m taller than Burj Khalifa’
Emaar Properties chairman Mohamed Alabbar reveals new details about $1 billion megastructure. The Tower, set to be the centrepiece of Dubai Creek...
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Damac launches phase 2 of ‘Sharia compliant’ project
Developer targets halal tourism sector with Ghalia serviced hotel apartment project. The Dubai-based real estate heavyweight, Damac Properties, has announced a limited...
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Qatar’s Aljaber Group planning IPO – report
Construction firm could offer $800 million initial public offering on Doha stock market, says Reuters. The Qatar-based construction firm Aljaber Group is...
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Starwood and Saudi Real Estate in Riyadh hotels deal
One hotel will come under Starwood’s Westin brand while the other will fall under its Element brand. US-based Starwood Hotels and Saudi...
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L&T ‘wins Qatar World Cup stadium contract’
Indian conglomerate in deal to build $135m 40,000-capacity Al Rayyan stadium – report. The Indian construction giant Larsen & Toubro (L&T) has...
