Oman completes first two phases of Salalah masterplanOman's Ministry of Housing and Urban Planning has announced that it has completed the first two phases of its Salalah masterplan, a comprehensive development initiative designed to harness the economic, environmental, and social potential of the Dhofar region. More… |
Partanna to set up green building materials' plant in Abu DhabiThe Abu Dhabi Investment Office (ADIO) has partnered with Partanna, a Bahamian climate tech company, to establish its regional headquarters and a state-of-the-art manufacturing facility in the UAE capital. This collaboration, announced during the inaugural Abu More… |
Saudi retailer Cenomi reopens Zara store after key revampSaudi Arabia’s pioneering retail brand partner Cenomi Retail has reopened the Zara store in the new concept at Al Nakheel Mall in Riyadh, the most innovative mall in the kingdom of Saudi Arabia. This store, located on the ground floor of the mall, More… |
Dubai approves masterplan for pedestrian-friendly cityHH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the Dubai Walk Master Plan, a visionary initiative aimed at transforming the city into a pedestrian-friendly one. Announcing this, She More… |
Bareeq Al Retaj inks finance deal with Bahrain Islamic BankBareeq Al Retaj Real Estate Company said it has entered into a deal with Bahrain Islamic Bank to provide enhanced mortgage financing solutions to customers interested in purchasing units within its Ras Hayan Village and Wahati apartments in the kingdom. More… |
Jumeirah Beach Hotel unveils newly-revamped Al Bahar VillasJumeirah Beach Hotel, the founding property of luxury hospitality group Jumeirah, has announced the opening of its newly renovated Al Bahar Villas, that offers a blend of earthy elegance and barefoot luxury within the lush surroundings of its family destination. More… |
Worley JV lands bp's gas project contract in OmanWorley, a leading Australian engineering, consulting and project delivery company, has announced that its joint venture with Special Technical Services (STS), a leading multidisciplinary contracting group in Oman, has secured a three-year contract extension for a bp project in the sultanate. More… |
AQUA launches $130m ‘The Community Sports Arena’AQUA Properties, renowned for its innovative developments and commitment to smart, sustainable living, has unveiled its latest project in Dubai Sports City: The Community Sports Arena. Valued at AED477 million ($130 million) and slated for completion by Q4 202 More… |
Emirates REIT agrees refinancing of existing SukukEmirates REIT, one of the world’s largest listed Shariah-compliant real estate investment trusts, has agreed to fully refinance its existing Sukuk, due December 2025, with a new $205 million Sukuk due December 2028. The new Sukuk is rated BB+ by Fitch. T More… |
Dubai South signs deal with BT for Golf District projectDubai South, the largest urban master development, has signed an agreement with BT Holding, Dubai to develop a gated-master community within Dubai South’s Golf District, located near Al Maktoum International Airport. The agreement was signed by Khalifa A More… |