Saturday 1 August 2015
 
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Reef

Out-of-court deal urged in real estate dispute in Bahrain

The parties involved in a dispute over a real estate development project in Bahrain have been urged to seek an out-of-court settlement so as not to harm the personal interests of owners, investors and the master developer. Deputy

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Disputes arise over delay on Bahrain island development

A dispute over penalty demands and right of access has broken out between the master developer of a $1.5-billion man-made island project in Bahrain and around 60 developers and property owners there. Lulu Tourism Company (LTC), th

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Enec completes giant artificial reef

The Emirates Nuclear Energy Corporation (Enec) has announced the successful completion of a 6,700-sq-m artificial reef, roughly the size of a football field, on the shorelines of Barakah, UAE. Developed in partnership with the Nat

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New underwater tourism project planned in Dubai

Reef Worlds, a US-based reef developer, said it has completed the design works on Pearl of Dubai, which is set to become the largest sustainable underwater tourism site in the world. The underwater tourism design company based in

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Jordan firm acquires mediaME

Jordan-based Reef for Software Development, the parent company of ShooFeeTV, has announced the acquisition of mediaME, the largest online community of advertising and media professionals in the Middle East, from MediaScope. mediaM

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Artificial reefs to bolster Bahrain’s seas

More than 2,500 artificial "reef balls" will be submerged off the coast of Bahrain in a bid to boost the country's marine resources. The cement spheres will be dropped at pre-determined locations in the country's waters over the next year

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Reef expands its management team

Reef - Real Estate Finance Company said it has expanded its managment team, with the appointment of Ali Salem and Mukhtar Al Toblani into key positions. Mahmood Al Koofi, CEO of Reef said the additions were in line with the company's strat

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$13.2m mall planned in Malkiya, Bahrain

A new BD5 million ($13.2 million) shopping complex will open in November in Malkiya, it was announced on Wednesday. The Reef Shopping Mall, built on an area of 5.4 hectares, will include a hypermarket, shopping outlets, food court, multipu

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$13.2m mall planned in Malkiya, Bahrain

A new BD5 million ($13.2 million) shopping complex will open in November in Malkiya, it was announced on Wednesday. The Reef Shopping Mall, built on an area of 5.4 hectares, will include a hypermarket, shopping outlets, food court, multipu

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Reef, Orchid Developers in tower deal

Reef – Real Estate Finance Company has signed a deal with Orchid Developers to develop two free-hold projects - Terraces of Juffair and Dream Tower 1, in Manama. The company described the new deal as a milestone in its long standing partne

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