Thursday 21 March 2019

Oman approves $250m construction tenders

Oman's Tender Board has approved contracts worth RO96.4 million ($250 million) for construction and infrastructure-related works, said a report. The projects included establishment of a mixed-use investment building that contains offices, a hotel, residential and commercial u


Emaar launches new Dubai residential lifestyle community

Emaar Development, the UAE build-to-sell property development business majority-owned by Emaar Properties, has announced the launch of Joy townhouses in the new master-planned community Arabian Ranches III that promotes a happy and healthy lifestyle. Located next to the establish


Tabia to buy major stake in Saudi real estate group

Saudi-based Tabia Holding Company said it has won approval from the kingdom's Capital Market Authority (CMA) to increase its capital from SR1.5 billion to SR1.6 billion ($399 million to $426 million) for its major expansion moves. These funds will be used for acquiring all th


Savills in deal to set up Egyptian real estate JV

Global real estate advisor Savills has announced the signing of a prominent joint venture with Egyptian company Sphere, to cover the full range of real estate services in Egypt. The new partnership, which will trade as Savills, will combine local knowledge with international best


Eagle Hills launches sale of Sharjah waterfront property

UAE-based Eagle Hills Sharjah has announced the sales launch of Indigo Beach Residence, the latest residential building located along the main boulevard of Maryam Island, Sharjah’s most prestigious waterfront address. A leading developer in the emirate, Eagle Hills Sharjah


Hormann rolls out energy-saving thermo garage doors

Hormann, a market leader in residential, commercial and industrial doors, has announced the launch of its double-skinned LPU 67 sectional garage doors that open vertically upwards and can be suspended under the ceiling to save space. They offer excellent thermal insulation achiev


Al Shirawi Contracting achieves dual ISO certification

UAE-based Al Shirawi Contracting Company has become the first company in the country’s waterproofing segment to be successfully certified to the ISO 14001:2015 Environmental Management System and ISO 45001 Occupational Health and Safety standards by Lloyd’s Register.


Dubai Land Department makes debut at Mipim show

Dubai Land Department (DLD) is making its debut at Mipim 2019, a leading real estate exhibition being held from March 12 to 15 at Palais des Festivals in Cannes, France, to promote and develop the real estate sector. Its participation in the four-day event under the umbrella of t


Nakheel unveils big plans for French property expo

Dubai-based master developer Nakheel will be showcasing a plethora of real estate investment opportunities - including newly-launched residential projects worth more than $15.8 billion - at the upcoming Mipim real estate expo in Cannes for the fourth consecutive year. Nakheel, wh


Arada launches student housing complex in Sharjah

Emirati developer Arada is introducing a new investment opportunity for Gulf investors with the launch of Nest, the country's premier integrated student accommodation complex located at the heart of the developer’s record-breaking lifestyle megaproject, Aljada. The move

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