Fees could be imposed on owners of vacant plots of land following a proposal made yesterday (May 17) by the Muharraq Municipal Council in Bahrain.
Financial, administrative and legislative committee chairman Ghazi Al Murbati said
Emaar Properties, Dubai's largest listed developer, said on Tuesday it was looking to sell a land plot in downtown Dubai, UAE, and had received some offers for it, but no deal had been concluded yet.
In a brief bourse statemen
Bahrain-based Islamic investment bank Gulf Finance House (GFH) has announced that it is investing $30 million in Dubailand to acquire a plot of 1.2 million sqft.
In a clarification, the investment bank revealed
Al Ruwad Real Estate Consultants have announced the launch of eight plots in the Al Jaddaf area for investors in the hospitality industry.
The 250,000 sq ft plots of land are being allocated for 3 and 4 star hotel projects, with o
Kuwait-based United Real Estate Company (URC) has sold its 10,105 sq m plot in Qatar.
The total cash transaction value was KD6.1 million ($21.8 million), achieving a net profit of KD2.9 million, said a st
Saudi Arabia said on Tuesday it had uncovered an Al Qaeda militant group with links to "extremist elements" in Syria and Yemen that had been plotting to assassinate officials and attack government and foreign targets.
A judge has suspended two Kuwaiti newspapers for two weeks after they published stories about a recording that discusses an alleged plot to overthrow the Gulf state's ruling system, their editors said on Sunday.
Kuwait, a majo
A US judge has sentenced an American woman who called herself "Jihad Jane" to 10 years in prison - at least a decade less than prosecutors had sought for her role in a failed plot to kill a Swedish artist for his anti-Islam drawings.
A plot to bomb the US Navy Base in Bahrain, two Royal palaces and the airport was revealed yesterday during the trial of five alleged terrorists.
Prosecutors claim a terror cell, made up of five men, planned to target key establis