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New 190-unit residential development to come up in SharjahHH Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the development of a new residential area for citizens in Al Dahiyat suburb of Kalba, comprising 190 residential plots, a main park, and a mosque, reported Wam. More… |
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KBR wins Feed contract for ammonia plant in IraqGlobal engineering company KBR has announced that it has secured a front-end engineering design (FEED) contract from KAR Electrical Power Production Trading (KEPPT) for an ammonia and urea production plant located in Iraqi city of Basra. On completion, t More… |
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New Murabba seals partnership deal with Korean architect HeerimNew Murabba, a key Saudi developer powered by the kingdom's sovereign wealth fund PIF, has signed an agreement with Korea-based Heerim Architects & Planners to explore innovative and distinctive architectural overlays that complement the development’s master plan, with special e More… |
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Prypco Mint achieves key milestone in tokenised property investmentsPrypco Mint, Mena’s first real estate tokenisation platform and the first to partner with a government entity, the Dubai Land Department (DLD), to tokenise a property title deed, has announced a record-breaking start to its journey, surpassing AED9 million in tokenized real estate inves More… |
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Binghatti opens its global sales boutique in LondonBinghatti, a leading UAE property developer, has officially launched its first international sales boutique in the United Kingdom. With a development portfolio worth more than AED50 billion ($13.6 billion) and over 80 projects in addition to more t More… |
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Karma unveils new residential development in Dubai Sports CityKarma Developers has announced the launch of Antalya, a design-forward residential development in Dubai Sports City, featuring 192 thoughtfully designed residences - ranging from studios to spacious three-bedroom apartments. Each of these units is optimised fo More… |
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Nobles launches sales of final phase of key Jordan projectNobles Properties has launched the third and final sales phase of AlShahd City 4 following the complete sell-out of phases one and two. Strategically located at the intersection of Airport Road and the Amman Development Corridor, the project spans 214 pl More… |
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Global hotel pipeline robust in Q2, Mideast and Africa lag behindThe global hotel development activity increased across most regions during the second quarter, with notable gains in Asia Pacific and Europe, according to new data from real estate analytics firm CoStar. However, the Middle East and Africa lagged behind. The M More… |
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Saudi Arabia seeking consultants for strategic review of The Line, says reportSaudi Arabia is seeking consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city known as The Line, reported Bloomberg, citing several people familiar with the matter, as the kingdom assesses priorities for its project-related expenditures. More… |
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Johnson Controls–Hitachi win Egypt high-speed rail contractJohnson Controls–Hitachi Air Conditioning Middle East and Africa, in partnership with Elsewedy Machinery, has been awarded a major HVAC contract for Egypt’s flagship High-Speed Rail (HSR) project - a national infrastructure milestone that links major cities and ports and sets new More… |