Manara to unveil novel housing projects at Gulf Property Show
Manara Developments, a leading real estate development company, is set to launch two unique housing projects - Hasabi and Wadi Al Riffa - at the Gulf Property Show 2017 which opens this week in Manama, Bahrain.
Binghatti wins big at Gulf Real Estate Awards
Binghatti Developers, an innovative Dubai-based property group, has been awarded the Best Architecture Company award at region’s inaugural Gulf Real Estate Awards.
Mubadala unit seals $2.5bn French equity deal
UAE-based Mubadala Development Company said its financial investment arm has announced a $2.5 billion investment deal with French private equity firm Ardian, which includes the creation of a private equity fund.
Ithra Dubai starts work on two landmark projects
Ithra Dubai, a real estate developer and asset manager, said work has started on two of its landmark projects in Dubai, UAE - One Za’abeel and Deira Enrichment Project.
Saudi Arabia set to build five hitech hospitals
Saudi government has launched health projects worth more than SR1.1 billion ($293 million), including five modern hospitals, in the Najran region of the kingdom, said a report.
Saudi expo to put spotlight on Ajman real estate
The Department of Land and Real Estate Regulatory will be highlighting the potential investment and growth opportunities in the real estate sector of Ajman, UAE, at an upcoming industry event in Riyadh, Saudi Arabia.
Doosan Bobcat names new EMEA president
Doosan Bobcat, one of the world's biggest compact construction equipment companies, has appointed Alvaro Pacini as its new president for the Europe, Middle East & Africa (EMEA) region.
Global steel demand to hit 1.5bn MT in 2017
SOUTH AMERICA MARKET BOOST
Global steel demand will grow by 1.3 per cent to more than 1.5 billion metric tonne in 2017, and increase by 0.9 per cent to a little over 1.548 billion MT in 2018, said a report, citing the World Steel Association.
Saudi-Korean JV to set up $50m chemical plant
40,000 TON CAPACITY
Saudi-based Maydan Industry said it will join forces with Ahmad Kassim Al Amoudi Group and Korean technology major SFC to set up a SR189 million ($50.3 million) manufacturing plant at PlasChem Park in Jubail region of the kingdom.
TDIC sees record sales of housing units at Cityscape
Abu Dhabi's Tourism Development & Investment Company (TDIC) said about 60 per cent of the residential units on its Saadiyat Island development has been sold within the first two days of Cityscape Abu Dhabi expo.
Euromoney to host key seminar on Saudi REITs
Euromoney Conferences is set to join hands with Knight Frank, a leading independent real estate consultancy, to host a special one-day executive briefing on Saudi's real estate investment trusts (REITs) in Riyadh.
Arabtec wins investors' nod for $408m rights issue
Arabtec Holding, a leading construction company in the Middle East, said it has won approval from its shareholders for a Dh1.5 billion ($408.2 million) rights issue to recapitalise the company.