DLD issues 500,000 real estate permits through Trakheesi system

Working in-conjunction with the Real Estate Regulatory Agency (RERA), the Dubai Land Department (DLD) has issued nearly 500,000 real estate permits to...

Construction

Adnoc investing $45bn to develop Ruwais City

Abu Dhabi National Oil Company (Adnoc) has announced that it will invest $45 billion in development plans for Ruwais City, a 6.9sqkm...

Construction

KSA approves creation of new real estate authority

Saudi Arabia’s cabinet has approved the conversion of the State Property Department into a general authority – the General Real Estate Authority,...

Construction

Beaver Gulf secures Nshama Town Square sixth phase contract

Beaver Gulf is to continue working at Nshama’s Town Square project in Dubai after it was awarded the contract to build the sixth...

Construction

DLD: 14,000 properties completed in Dubai in first eight months of 2018

The Dubai Land Department (DLD) has revealed that 47 projects have been completed to date in 2018, including 10,000 apartments, 364 residential...

Construction

SRECO agrees end-to-end property deal with Presidency of State Security in KSA

SRECO (Al Akaria Saudi Real Estate Company) is to provide end-to-end delivery of all the Presidency of State Security (PSS) real estate...

Construction

Diyar Al Muharraq secures financing agreement with KFH Bahrain

Diyar Al Muharraq, a leading Bahraini urban developer, has signed a financing agreement with Kuwait Finance House – Bahrain (KFH Bahrain), which...

Construction

Global Realty Partners completes Arjan project on time

Dubai-based developer Global Realty Partners says it has "finished casting the final slab" of its still unnamed project in the Arjan district...

Construction

Damac Properties awards $139mn contract to CSCEC

Damac Properties, the UAE-based real estate developer, has awarded a $139 million contract to China State Construction Engineering Corporation (CSCEC) for the...