$50 million retail strip launched on Naameh highway
Trillium Holding has launched ‘The Strip N’, a retail center on the Naameh highway. Investment is $50 million. The development...
Real Estate
$200 million financing agreement for Al-Mutahidah Towers in Qatar
Qatar-based United Development Company (UDC) and The Commercial Bank have signed a QR730 million ($200 million) financing agreement to fund...
Egypt’s property developer Madaar plans a $87.5 million project in west Cairo
Egypt’s property developer Madaar is launching a new project in Sheikh Zayed City, at the outskirts of Cairo, the company’s...
Qatar UDC sells key commercial tower for $342 million
United Development Company (UDC), the master developer of The Pearl-Qatar, has finalized the sale of The Pearl office Tower 2,...
AccorHotels to develop Qatar’s first Sofitel property
AccorHotels, one of the world’s leading hotel operators, has signed a management agreement with AlBaker Investments to develop a new...
Egypt’s housing ministry increases its urban development budget to $2.8 billion
Minister of Housing Mostafa Madbouly said that the ministry will offer 2,500 acres of land in new cities to real...
New mortgage law would double size of Egypt’s real estate market in less than a year
The shortage of affordable residential units has created a rise in the size of illegal construction that is estimated at...
$1 billion real estate company to be launched in Lebanon
A real estate company with a capital of $1 billion is expected to be launched in the first half of...
Kuwait unveils $132 billion island development plan
Kuwait has embarked on an ambitious project to develop five islands at an investment of nearly KD40 billion ($132 billion),...
Samcrete invests $165 million in Egypt’s real estate sector
Samcrete Development has invested 3.2 billion Egyptian Pounds ($165 million) in real estate sector, comprised of 2 billion pounds to...
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