Oman-based Sorouh Al Qurm Real Estate has announced plans to develop an integrated tourism complex at an investment of RO230 million ($596 million) in Muscat. Spanning 165,000 sq m, the ITC will boast two four-star hotels along with residential and retail units as well as a range of recreational facilities.
International developer BCD Global has broken ground on its first project in the Warsan district of Dubai, thus marking the start of construction on a freehold housing development aimed at mid-market and long-term investors, with one- and two-bedroom apartments.