Bahrain amends property lease laws

Prime Minister and ministers are now tasked with implanting the law in their individual capacities . New amendments have been made to...

Coronavirus: Strong resolve and ability to adapt will allow UAE to bounce back from COVID19 pandemic – Lootah CEO

Saleh Abdullah Lootah says measures taken by UAE will be a model for other countries to follow. The UAE will be on...

Deyaar Development to proceed with capital restructuring plans following shareholder and SCA approval

Al Qatami says Deyaar can write off all accumulated losses dating back a decade ago with capital reduced from $1.57bn to $1.2bn....

Coronavirus: Dubai off-plan property sales fell 42% in March, report says

ValuStrat study finds average price per square foot slipping for residential sector as buyers stay away due to pandemic . Dubai saw...

Coronavirus: DSOA rolls out initiatives, incentives and payment plans in response to COVID-19

DSOA is the regulatory body for Dubai Silicon Oasis (DSO). The Dubai Silicon Oasis Authority (DSOA) has announced several exemptions, incentives and...

Coronavirus: Government’s measures to have positive impact on Saudi real estate sector, says Savills report

Current crisis to temporarily slow down kingdom’s economy before stimulus leads to long-term growth. The raft of measures taken by the Saudi...

Azizi aims to complete 3,000 units in 2020

Developer says construction works are progressing at pace across several projects despite the global impact of COVID-19. Azizi Developments has announced construction...

Coronavirus: HFZA launches COVID-19 sterilisation drive

Sterilisation is said to use highly effective disinfectants that are in line with international standards. Hamriyah Free Zone Authority (HFZA) in collaboration...

Phase One of Alef Group’s Al Mamsha will complete this year follwing COVID-19 measures

MD says project team is following all necessary precautionary measures over COVID-19 outbreak while working to deliver project on time by year...

Coronavirus: Nakheel extends helping hand to Dubai’s medical staff amid COVID-19 pandemic

The developer will provide Dubai’s frontline medical staff with 485,000 items of protective clothing as part of its pledge to support the...

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