Bahraini authorities has announced that a major revamp of Manama’s historic suq is currently underway, with the redevelopment of the covered arcade and the Bab Al Bahrain complex scheduled for completion by the fourth quarter, said a report.
Rua Al Madinah, a leading Saudi developer and PIF unit, has awarded a SAR8 billion ($2.1 billion) contract for the construction of superblock five within the holy city’s mega tourism and cultural development, featuring 10 branded hotels including JW Marriott, Le Meridien, Sheraton, Fairmont and Hyatt.
The framework agreement for the financing of the second phase of the Shaikh Jaber Al Ahmad Al Sabah Highway Development Project, estimated at nearly BD129 million ($340 million), has been approved by His Majesty King Hamad bin Isa Al Khalifa of Bahrain, said a report.
UAE-based Ellington Properties is set to develop a flagship integrated sales centre at The Atrium within Uptown Dubai, a transformative, mixed-use sustainable development by Dubai Multi Commodities Centre (DMCC). Spanning over 16,000 sq ft, the new facility is curated as an immersive and welcoming visitor environment.
Sanzen, a UAE-based real estate developer, has announced that it has broken ground on Sukoon, an AED1.5 billion ($408 million) residential development in Sharjah comprising 859 villas and townhouses across four phases. The Phase 1 work has been awarded to PTC, a UAE-based company with more than five decades of experience.
Leading real estate companies, developers, investors and financial institutions as well as government agencies will be in Saudi city of Dammam for the fourth edition of the Saudi Expo Real Estate Development & Ownership (Seredo 2026) which kicks off on May 4.
Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed an agreement with Tawafuq Al Rimal Real Estate Fund for the development of an integrated residential compound in Al Rimal District, Riyadh, featuring a total of 503 homes.
Work is moving at a steady pace on the Al Mamzar Corniche Development in Dubai with the project nearly 88% completed. A significant step forward in redefining public beach development, Al Mamzar introduces a new generation of integrated coastal destinations to the emirate.
Abu Dhabi real estate market's current trends indicate a preference for completed, income-generating assets over more speculative opportunities, says a new report.
Alkhorayef Water and Power Technologies Company has announced that it has secured a contract from the Royal Commission for Riyadh City to provide operation and maintenance services for treated sewage effluent (TSE) networks and facilities in the Saudi capital.
