Egypt said preparations were underway for the launch of the first phase of the new $45 billion Capital City which will boast several key amenities such as a business and finance centre, an exhibition fair city and residential units on 10,500 acr
Bahrain MPs will discuss a decree law introducing an infrastructure cess on private developers, during their weekly meeting on Tuesday, reported the Gulf Daily News, our sister publication.
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Nakheel, a leading Dubai-based developer, has registered a net profit of Dh3.91 billion ($1.06 billion) for the first nine months of this year, up 8.3 per cent over the profit of Dh3.61 billion ($982 million) for the same period last year.
The current economic challenges will force real estate firms in the Gulf region to do more to ease the financial burden on investors and end users when it comes to buying homes, said Artar Real Estate Development, a Saudi-based company.
Leading Bahraini developers such as Diyar Al Muharraq and Manara Developments will be showcasing their key projects at the Cityscape Global real estate expo which opened today in Dubai.
The landmark developments will all be on dis
Leading developers from the UAE are set to redefine the face and future of Dubai with the launch of a number of high-profile projects at Cityscape Global tomorrow (September 6).
The Middle East’s most prominent real estate e
Moving further away from previous year’s dormant second half, UAE’s real estate market remained stable in the first quarter of 2016, said a report.
Major developers, including Emaar and Nakheel, did not shy away from l
Major developers from the UAE and abroad are launching a number of high-profile projects comprising hospitality, retail, and commercial entities when Cityscape Abu Dhabi opens tomorrow (April 12).
Running for the 10th consecutive
Leading real estate developers from across the globe will be heading to the UAE capital next month to showcase their prime residential, retail, hospitality, mixed-use and commercial units at the Cityscape Abu Dhabi.
The event is b
Dubai developers are pressing ahead with their construction plans despite expectations that property prices will fall yet further this year, undaunted by memories of a 2008 crash, said experts.
Industry consultants say that while