Land development area under SEZs in GCC to reach 100,000 hectares by 2040
The unprecedented incidents like COVID-19 pandemic and a big drop in energy prices will serve as a catalyst in accelerating...
Real Estate
Saudi developer Umm Alqura unveils mega project in Makkah
Umm Alqura for Development and Construction has announced the launch of Masar, a new destination in Makkah. King Abdulaziz Road...
Oman reveals plans to build Eiffel Tower-esque landmark
Oman has announced plans to construct an iconic landmark on the scale of the Eiffel Tower. The project was revealed...
Al Mouj Muscat begins construction of Juman Two marina apartments
Oman’s leading Integrated Tourism Complex (ITC) and a public-private venture between the UAE-based Majid Al Futtaim Properties, OMRAN and Tanmia...
UDC awards QR1.5 billion worth Gewan Island work contracts
United Development Company (UDC), the master developer of The Pearl-Qatar and Gewan Island, announced that it has awarded the contracts...
Saudi housing projects up 17 percent in Q1 despite coronavirus
Housing project activity in Saudi Arabia picked up by nearly 17 percent in the first quarter of 2020 despite business...
Saudi group starts work on giant Diriyah Gate heritage project
Saudi-based Diriyah Gate Development Authority has kicked off work on Diriyah Gate, one of its most ambitious developments that will...
Construction, project deliveries in full swing despite COVID-19
The UAE’s property sector is in fine fettle and is marching ahead despite the COVID-19 challenges. The country’s real estate...
Work in full swing at Qiddiya entertainment hub
Saudi Arabia-based Qiddiya Investment Company (QIC) said steady progress was being made on the kingdom's ambitious entertainment, sports and the...
90% of UAE’s housing projects continue amid COVID-19, but delays expected
Work on residential projects in the UAE has continued despite the coronavirus pandemic, but developers and contractors are likely going...
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