Contractors await tender for $1.4 billion Atlantis expansion in Dubai
Contractors are keenly awaiting the construction tender for the Royal Atlantis Resort and Residences on The Palm Jumeirah in Dubai....
Real Estate
Egypt seeks support to build 60,000 housing units
Egypt's Ministry of Housing has called upon construction companies to take over the development of the proposed 60,000 housing units...
Land tax to boost real estate in Saudi Arabia
A move by Saudi Arabia to tax undeveloped land in urban areas, which could help make property more affordable, may...
Strong demand for retail space in Abu Dhabi
Competition is set to heat up for high-end retail space in Abu Dhabi in the coming years as an expanding...
Egypt signs deal with UAE fund for $45 billion capital city
The Egyptian government has signed a deal with a UAE-based fund to build a new capital city to east of...
Qatar provides adequate housing for citizens and residents
The State of Qatar attaches special importance to the provision of adequate housing as a component of the right to...
$400 million hotel sold in Makkah
Al-Tayyar Travel Group Holding Company has purchased a five-star hotel just 70 meters away from the Grand Mosque in Makkah...
Damac tops out two towers in heart of Riyadh
Dubai-based developer Damac says two tower projects in the heart of the Saudi capital of Riyadh have topped out –...
Qatar to spend $12.5 billion on housing until 2022
An astronomical $12.5 billion (QR45.52 billion) is to be spent to create adequate housing stocks in Qatar to cater to...
Abu Dhabi’s economy maintains solid pace of growth
Despite a sharp downturn in oil prices in the latter part of the year, Abu Dhabi’s economy maintained its solid...
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