Abu Dhabi’s Aldar and ADQ agree to develop and management $8.1bn worth of government capital projects

Aldar, the Abu Dhabi-based property developer, has said that an agreement has been reached with ADQ, a holding company with a broad...

Construction

Dubai’s GVG Real Estate Development begins handover of units at long-delayed Pearl of Trabzon project in Turkey

GVG Real Estate Development, the Dubai-based firm, has said that it has begun a phased handover of units within its key project...

Property

Cairo’s retail sector gains momentum, says JLL

JLL’s Q3 Cairo Real Estate Market Performance report has revealed that the retail sector in the city has gained momentum in the...

Property

Dubai’s Union Properties registers $139m net profit for Q3 2020

Union Properties, a leading real estate development group based in Dubai with a portfolio of diversified subsidiaries, has said that it has...

Construction

Al Mouj Muscat announces launch of Murooj Lanes

Al Mouj Muscat has announced the launch of Murooj Lanes, a new residential neighbourhood located within the popular Ghadeer District. A public-private...

Construction

Damac Properties awards contract for 26-storey building in Business Bay

Damac Properties have awarded a $49.2m contract to Trans Emirates Contracting for the main construction work on a new 26-storey building in...

Construction

Contract for 234-unit Wadi Al Sail Housing Project awarded

Bahrain has awarded a major contract to Abdullah Al Muhanna Contracting Company and Partners to develop the 234-unit Wadi Al Sail Housing...

Property

Union Properties completes $133.4 million capital increase of three subsidiaries

One of UAE’s largest real estate development companies – Union Properties PJSC – has announced that it has successfully completed the capital...

Property

India’s Shapoorji Pallonji eyes major expansion into Saudi Arabia

Shapoorji Pallonji, the Indian business conglomerate with interests in the construction and real estate sector, is fast expanding its operations in the...

Property

Lootah reaches 100% completion of The Edge

Lootah Real Estate Development (Lootah) says it has completed its newest residential development, The Edge, at Ewan Residences in Dubai Investment Park...