Eltizam launches end-to-end property management solutions through Omnius Estate Services in MENA region

End-to-end asset solutions can manage property, finance, sales and leasing, tenant relationships, energy use and provide portfolio insights and analytics. Eltizam Asset...

ENBD REIT hedges $108.9mn facility with Mashreq Bank

Agreement will fix the variable rate of EIBOR for a two-year period, starting June 2021. ENBD REIT, the Shari’a compliant real estate...

Diyar Al Muharraq begins installation of solar energy trees

Integrated city is said to be one of the largest development projects in Bahrain, blending modern life with the Kingdom’s authentic heritage....

Riyadh’s The District Al Faisaliah redevelopment project starts second phase

Costing $533 million to build, The District redevelopment project is being designed by award-winning USA based architectural firm Gensler. Luxury hospitality and...

Majid Al Futtaim sees revenue drop 3% to $4.70bn in H1 2020

Developer says large-scale business disruption and cautious consumer sentiment due to COVID-19 pandemic caused decline. Majid Al Futtaim, the UAE-based shopping mall,...

RCU announces new eco-friendly resort in AlUla

AlUla’s heritage sites are set to re-open to visitors in October. The Royal Commission for AlUla (RCU) said that it has started...

KSA’s PIF launches Roshn to develop ‘world-class, integrated urban communities’

New entity will develop communities that following leading international principles and practices in community planning and design. Saudi Arabia’s Public Investment Fund...

Azelio and ALEC Energy to build verification project in Abu Dhabi in Q3 2020

Installation is to evaluate Azelio’s energy storage tech for inclusion in the Masdar product portfolio for current and future renewable energy projects....