Thursday 25 April 2024
 
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real estate project

Nakheel unveils $16bn real estate projects at German expo

UAE master developer Nakheel is back in Munich for the second consecutive year with a plethora of real estate projects – collectively worth €14 billion ($16 billion) - at the Expo Real 2018 event being held in the German city.

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NICC wins Qatar mixed-use project contract

Qatar-based Al Wa’ab City (AWC) has awarded the infrastructure works contract for its central district to National Industrial Contracting Company (NICC), said a report. One of the largest privately-held real estate projects being

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Turkish firms to develop $200m Iraq real estate project

Iraqi businessmen are in talks with Turkish companies to develop a $200-million real estate project at the high-security “Green Zone” in Baghdad, said a report. Following a visit by the Turkish Prime Minister Binali Yı

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Stalled Bahrain real estate project set for auction

A multi-million-dollar seafront real estate project that has been stalled since 2009 in Bahrain will be auctioned next month, reported the Gulf Daily News, our sister publication. To read further, please visit

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Waha secures funding for Abu Dhabi industrial project

Waha Land, a wholly owned company of Waha Capital, has signed a Dh426-million ($116 million) financing package with Emirates Islamic Bank for further development of its Almarkaz light industrial real estate project, following the successful leas

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Waha secures funding for Abu Dhabi industrial project

Waha Land, a wholly owned company of Waha Capital, has signed a Dh426-million ($116 million) financing package with Emirates Islamic Bank for further development of its Almarkaz light industrial real estate project, following the successful leas

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Kipco plans $5bn real estate project

Kuwait Projects Company (Kipco), the country's largest private sector investment firm, is planning a $5-billion real estate scheme on the outskirts of Kuwait City, the company's vice chairman told a local newspaper on Sunday.

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Al Futtaim plans $1bn tenders for Syria project

Gulf conglomerate Majid Al Futtaim Properties expects to tender $1 billion worth of construction contracts for a real estate project in Syria by February next year, the head of the company said on Thursday. Several contractors are likely t

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Kingdom Holding Q2 profit plunges 83pc

Kingdom Holding Company, chaired by Saudi Prince Alwaleed bin Talal, on Tuesday posted an 82.8-per cent drop in the net profit for the three months to June 30. The company's net profit plunged to SR92.1 million ($24.6 million) fro

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Dar Al-Arkan plans $13.3bn real estate project

Dar al-Arkan, the largest Saudi developer by market value, said on Saturday it plans to develop a real estate project in Jeddah with investments estimated at SR50 billion ($13.3 billion). The 15 million sq metre project will include reside

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