Egypt’s SODIC, Heliopolis Housing to co-develop East Cairo project

Project is expected to create over 40,000 jobs. The Egypt-listed Sixth of October Development Company (SODIC) says it has been offered the...

Villa sales on Dubai’s Palm Jumeirah top $255m

Price per square foot dips to $680, analysis finds. Villa sales on the Palm Jumeirah in Dubai raised AED 938 million ($255m)...

UAE’s Al Habtoor plans $544m hotel investments in ‘16

Conglomerate eyeing investments in Europe and US. The UAE-based Al Habtoor Group says it has allocated AED 2 billion ($544m) to be...

Damac removes Trump name from Dubai golf site

Move apparently prompted by presidential candidate’s anti-Muslim remarks. Damac Properties has removed the Trump name from a $6 billion golf development in...

Dubai’s Meraas launches own-brand hotels arm

Meraas Hotels & Resorts will look to partner with independent owners. The Dubai-based developer Meraas Holding has announced the launch of an own-brand...

Initial roadworks completed at Tilal City in Sharjah

Development set to become emirate’s first-of-its-kind mixed-use community. Real estate developer Tilal Properties says it has completed the initial arterial highways and...

Dubai’s Damac says Trump Organisation deal stands despite anti-Muslim rant

Developer says relationship is with Trump Organisation, rather than the man himself. Dubai’s Damac Properties says its agreement with the Trump Organisation...

Four Points by Sheraton brand makes Algeria debut

The Four Points by Sheraton Oran marks Starwood’s fourth hotel in Algeria and third in Oran. Starwood Hotels & Resorts has announced...

Dubai’s Wasl Properties to lease affordable housing units

Real estate management firm to rent out 280 units in the Muhaisnah district. Dubai’s Wasl Properties says it will lease 280 units...

St. Regis makes Dubai debut with Al Habtoor City hotel

The St. Regis Dubai features 234 guestrooms, including 52 suites. St. Regis Hotels & Resorts has debuted its brand in Dubai, with...

Property