US sets $319m for Kuwait airbase upgradation
The US State Department has given approval for the upgradation of the Al Mubarak Airbase in Kuwait at an estimated cost of $319 million. ...
IRIS Properties signs up for Gulf Property Show
IRIS, a professionally managed real estate consulting and brokerage firm, is set to take part in the Gulf Property Show 2017, a boutique...
Kuwait's Alargan completes key bond repurchase
Kuwait-based Alargan International Real Estate Company has today completed the repurchase of its bonds after its coming to maturity. ...
Top leaders at Schneider Electric summit in Dubai
Top industry leaders from across the region will discuss the latest technologies, trends and innovations at the fifth edition of...
Aldar's key projects on track for handover in September
Aldar Properties, a leading property developer in Abu Dhabi, UAE, has said that it is maintaining steady progress across its seven main...
Abu Dhabi Financial Group launches Islamic REIT
Abu Dhabi Financial Group (ADFG) is launching a Shariah-compliant real estate investment trust (REIT) comprising a seed portfolio of 10...
Modon sets up 1,000MW power station in Madinah
Saudi Industrial Property Authority (Modon) has inaugurated the 1,000 megawatts (MW) central electric conversion station in Madinah...
Nakheel awards $1.14bn Deira Mall project contract
Master developer Nakheel has awarded a Dh4.2 billion ($1.14 billion) contract to United Engineering Construction for building its...
Abu Dhabi villa prices down 9pc in Q1
Average apartment sales prices in Abu Dhabi fell by 1 per cent in Q1 2017 while villa prices dropped by 9 per cent amid public and...
Fundament wins Bahrain's tallest residential tower project
The Commercial Real Estate Development Company (Al-Tijaria) has signed a BD16-million ($41.8 million) construction contract for a luxury...