Saturday 21 April 2018

ENBD REIT launches energy saving programme

ENBD REIT, a UAE-based shari’a compliant real estate investment trust, said it has applied the Internet-of-Things (IoT), machine learning and Artificial Intelligence, in partnership with EP&T Global, to deliver energy savings at Al Thuraya Tower 1, its office building in Dubai Media C


Majid Al Futtaim launches flagship community in Dubai

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa, and Asia, has announced the launch of Tilal Al Ghaf, its flagship community in Dubai, UAE. Spanning three million sq m at the intersection of Hessa Street and Sheikh


Thyssenkrupp sets up 'world’s biggest virtual warehouse'

Leading German multinational conglomerate Thyssenkrupp has digitised the entire range of its materials services unit to set up the world’s biggest virtual warehouse. Thyssenkrupp Materials Services is making rapid advances with its digital transformation, said a statement f


Saudi German Hospital to build 100-bed facility in RAK

Saudi German Hospital, a leading healthcare group in the region, has announced plans to build a 100-bed specialty at Al Marjan Island, a luxury resort destination in the northern emirate of Ras Al Khaimah that will offer key healthcare including medical, rehabilitation and cosmetic services.


Dubai developer offers 24pc rental returns on investment

Gemini Property Developers, a Dubai-based boutique real estate developer, has announced 24 per cent guaranteed rental returns for the first three years to investors in its Dh300-million ($82 million) Gemini Splendor at MBR City, with handover of the apartment in just three months.


Experts discuss powering digital transformation in smart towers

Leading global players from the construction, engineering and ICT industry discussed the latest trends for powering digital transformation in smart cities and smart buildings at the BICSI Middle East & Africa Conference and Exhibition held in Dubai. Building Industry Consulti


Cityscape showcases projects worth over $4bn

Cityscape Abu Dhabi, a top real estate expo, has gathered more than 100 local and international exhibitors, and provided a platform for the launch of numerous flagship real estate projects worth more than Dh15 billion ($4 billion). The 12th edition of the event concludes today (A


Aldar, FAB sign escrow deal for new development

Aldar Properties of Abu Dhabi has signed an escrow agreement with First Abu Dhabi Bank (FAB), enabling the leading property developer to provide escrow services for buyers of its newly-launched masterplanned development, Alghadeer. Talal Al Dhiyebi, chief executive officer,


Gulf Property Show 2018 wins BaPDA backing

Bahrain Property Development Association (BaPDA) has confirmed its participation at the upcoming Gulf Property Show 2018, a boutique showcase for the real estate and property development sectors in the Northern Gulf region. The Gulf Property Show is being organised by Hilal Confe


Sharjah projects set for Bahrain expo debut

Arada, one of the UAE’s newest and most exciting developers, will be showcasing its property portfolio and also bringing a taste of Sharjah's real estate investment opportunities to the visitors of the upcoming Gulf Property Show 2018 being held in Manama. A boutique sh

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