Coronavirus: Real estate developers involved in KSA’s Neom project to be financially compensated

Saudi Arabia's National Program for Community Development makes announcement after halting inventory work at site in April. Real estate developers that are...

Mubadala arm offers three month rent waiver to its tenants on Al Maryah Island

Initiative includes rent relief and deferments to residential, commercial and retail tenants at Al Maryah Island, and flexible payment and fees. The...

KSA’s Raza says two major residential projects will be delivered in Q3 2020

Developer says that work on East Village and Jeddah Obhur City is in full swing. Raza, the real estate arm of the...

Ajman Ruler issues new real estate development regulation law

Law aims to regulate real estate development projects in the emirate to forge a safe investment environment. HH Sheikh Humaid bin Rashid...

Oman sees real estate deals hit $1.63bn in first two months of 2020

Number of plots issued till end of February was down by 5.7% compared to same period in 2019. The total value of...

Coronavirus: ENBD REIT announces rent relief measures to help tenants during COVID-19 crisis

Flexible solutions proposed to help combat crisis across portfolio. ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD...

Bahrain distributes 5,000 homes under Al Ramli Suburb Housing project

Minister of Housing says distribution of contracts is part of ministry’s programme to build 40,000 housing units. Bahrain’s Minister of Housing, Engineering...

MAG launches ‘Uber-style’ maintenance tracking app

MAG FM let owners and tenants living in all MAG developments request home maintenance services. Owners and tenants at MAG5 Boulevard in...

Coronavirus: Mubadala announces rent deferment plans for ADGM Square commercial tenants

Move aligns with Mubadala’s earlier investment of $114mn in economic relief for tenants, $19m of which was allocated for commercial tenants. Rent...

Coronavirus: Raza announces COVID-19 relief package for commercial tenants

Company is the real estate arm of the Saudi Public Pension Agency (PPA) and a subsidiary of Al Ra’idah Investment Company (RIC)....

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