Arada closes $100mn tap of Sukuk issuance

Developer Arada has successfully closed a US $100mn tap of its existing $350mn sukuk, which was issued in June and listed on...

Construction

JODC says completion of Phases Two and Three of Makkah mega master development on track for year-end

Developer Jabal Omar Development Company (JODC) said that work on its master development in Makkah is progressing at a steady pace, with...

Construction

Bloom Holding expands educational portfolio via Egyptian JV

Abu Dhabi developer Bloom Holding is expanding its education portfolio internationally through a joint venture (JV) with New Era Education (an expert...

Construction

Arada awards $124mn in contracts to Airolink for development of Aljada homes

Two major contracts worth $124mn have been awarded by Sharjah-based developer Arada to Airolink Building Contracting. The deal will see the construction...

Property

Nakheel unveils new brand focus in line with Dubai 2040 Urban Master Plan

Dubai-based master developer Nakheel has unveiled its new brand promise for the next phase of growth. The firm said its new positioning...

Construction

Egypt’s Archplan Developments says region’s first urban forest project reaches 60% completion mark

Egypt’s Archplan Developments has said that it has completed 60% of construction works on its US $16mn Il Cuore Verde commercial development...

Construction

Lifestyle Developers begins construction work on the Vue in Jeddah, KSA

Saudi-based Lifestyle Developers has announced the start of construction works on its waterfront residential project, the Vue, which was designed in partnership...

Property

IMKAN accelerates new project launch schedule on the back of strong sales performance

Following strong demand for Pixel, Nudra and the first phase of AlJurf Gardens, Abu Dhabi developer IMKAN Properties says it is accelerating...

Construction

Azizi Developments says it is making rapid progress on Park Avenue residential community

Developer Azizi Developments said that it has made rapid progress across its three premium off-plan projects: Park Avenue I, II and III,...

Property

Union Properties sees net profit for Q2 2022 after healthy performance from subsidiaries

Developer Union Properties has announced its consolidated financial results for the three-month period ended 30 June 2022, with the company seeing a...