QatarEnergy and CPChem to build $6bn Ras Laffan Petrochemicals complex

Agreement signed to create a joint venture company to implement the megaproject, which is expected to begin operations in 2026. QatarEnergy has...

CBRE: Dubai sees record total of residential transactions in 2022

90,881 residential transactions registered of the year, beating the historic high of 81,181, which was set in 2009. Dubai saw a record...

LIV Developers begins construction of LIV LUX in Dubai Marina

The ultra-luxury residential tower is expected to be ready by Q3 2026. Luxury residential development firm LIV Developers has announced that construction...

Diriyah to become PIF’s fifth giga-project

The announcement reflects the work being done to enable the Saudi cultural identity, which includes the Diriyah Project. His Royal Highness Crown...

US $6.7bn in contracts awarded in Saudi Arabia in Q3 says US-Saudi Business Council

The CAI grew by 73.27 points (up 64%) YoY and decreased by 41.88 points (36%) QoQ, the council said. The US-Saudi Business...

GCC real estate market to see $1bn in investments in five years from Investcorp

The firm has already made a number of investments in the GCC’s logistics sector. Alternative investment firm Investcorp plans to invest up...

Global realty investment boom led by GCC

The regional economies expected to outperform global markets in 2023, leading to strong appetite for real estate investment. With economies in the...

DEWA achieves highest information security certification

Comprehensive systems are in place to ensure maximum protection in line with leading-edge international governance. The Dubai Electricity and Water Authority (DEWA)...

Al Nakheel and NCCW ink deal for roads and infrastructure for Al Nakheel ITC

The Al Nakheel Integrated Tourism Complex (ITC) project is expected to be one of the most prominent tourism and real estate projects...

Aldar launches Sustainable City – Yas Island

The new eco-friendly community will feature organic farming, bio-domes and a focus on integrated ‘green’ living. Abu Dhabi-based developer Aldar Properties is...