Orascom Development Egypt to sell entire stake in New City Housing and Development for $8.2m

Decision is in line with company’s non-core assets divestment strategy . Orascom Development Holding, the developer of integrated towns with a strong...

JODC agrees $221m sale of plot of land at Jabal Omar project in Makkah

Proceeds of the sale will be used to fund JODC projects and restructure existing loans. Jabal Omar Development Company (JODC), the Saudi...

Arada announces launch of new upscale Sharjah neighbourhood

Construction on the Naseej District will begin in the Q2 2021, and the first residential units will be delivered in 2023. Sharjah-based...

Saudi’s NWC to supply treated water to Qiddiya

NWC will supply Qiddiya with 20,000 cu. m. of potable water per day. Saudi Arabia's National Water Company (NWC) has announced that...

Musanada announces completion of irrigation and urban projects in Al Ain

Works included construction of irrigation infrastructure, walkways and cycling paths. Musanada has announced that it has completed several projects worth $15.8m in...

Eco-Friendly Zone project 73% complete says Ajman Free Zone

Sustainable warehouses are a core feature of the new project. A total of 73% of construction works at the Eco-Friendly Zone project...

FUSO Canter Euro 5 launched in UAE by Al Habtoor Motors and Daimler Commercial Vehicles MENA

Dubai debut for first light duty Euro 5 truck in series equipment production available in UAE, including powerful new Canter 4x4 ....

GAJ announces completion of ‘The SPACE’ upgrade project at Dubai College

The firm has had a 40-year relationship with education institution. Godwin Austen Johnson (GAJ) has announced that it has completed the new...

Diyar Al Muharraq’s retail destination on track for Q2 launch

A substantial percentage of the project’s spaces have already been leased to local and international investors. Bahrain-based real estate development company Diyar...

Lootah launches virtual platform that allows ‘fractional ownership’ of properties

Lootah has made its property in Jumeirah Village Circle - The Waves available on the virtual investment platform. Lootah Real Estate Development...

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