Modon Properties completes awarding of $1.58bn worth of all infrastructure contracts for Riyadh City South

Modon Properties, the UAE-based property developer and subsidiary of ADQ, has awarded infrastructure development contracts for phases three and four of Riyadh...

Construction

Bloom Properties says 68% of construction work complete on Bloom Heights project

Bloom Properties has announced that construction work on its mixed-use Bloom Heights project is progressing at full speed, despite the challenges brought...

Construction

Major residential projects under Sheikh Zayed Housing Programme progressing on schedule

UAE authorities have said that major projects under the Sheikh Zayed Housing Programme – including the Al Khawaneej and Al Seyouh 16...

Construction

Samana Developers says Samana Greens project on track for October 2020 delivery

Samana Developers has announced that construction work at Samana Greens stands at 93% complete, while over 50% of work has been completed...

Construction

Nakheel reports $163mn worth of property sales in four months

Nakheel says the sale of 250 properties in the last four months has raised more than $163 million, "with ready-to-occupy villas most...

Construction

Egypt to invest $10.3bn into housing over the next three years

The Egyptian government has announced plans to invest $10.3 billion over the next three years to build 765,000 houses across the country....

Construction

Construction begins at Majid Al Futtaim’s Elan development in Dubai

Majid Al Futtaim Communities says it has "underlined the resilience of the UAE real estate market" after holding a ground-breaking ceremony for...

Construction

Ithra Dubai announces key ‘The Link’ milestone for One Za’abeel project

Ithra Dubai, a leading developer in the UAE, has announced that its One Za’abeel development has achieved a major milestone, with its...

Construction

Coronavirus: Mass exodus of expat workers hits Kuwait property market

As thousands of expatriates and their families leave Kuwait due to the ongoing COVID-19 pandemic and the government’s nationalisation policy, the country’s...

Consultant

Union Properties announces final stages of comprehensive debt restructuring process

Union Properties, a Dubai-based real estate development company, has announced that it is in the final stages of a comprehensive debt restructuring...