Sewa completes Kalba industrial zone work
Sharjah Electricity and Water Authority (Sewa) has announced that the delivery of electricity, water and gas services to the new industrial zone in Kalba city from the low pressure network…
Orascom to start work on $198m flagship Egypt project
Developer Orascom Development is all set to start work on its $198 million flagship Egyptian project ‘O West’ in October. O West is Orascom Development’s latest addition to its integrated…
Reportage Propeties will deliver 5 project in next 3 year
Abu Dhabi based real esatte developer Reportage Properties is ready to han over five new developments in Abu Dhabi within two to three years. CEO Nasser Al Khamees said that…
Bank of London and the Middle East buys Edinburgh office building
Abu Dhabi Islamic Bank in the UK has provided financing for the Bank of London and the Middle East to buy a AED120 million Grade A office building in Scotland….
SSH will be lead consultant for Sunset cluster
Sunset is the second cluster of residential lifestyle homes at Emaar’s Creek Beach District in Dubai. It is making progress with SSH acting as lead consultant on the development. Sunset…
Abu Dhabi starts work on Corniche Road revamp
The Abu Dhabi City Municipality has announced that roadworks have commenced on Abu Dhabi’s Corniche Road to redevelop the area. The project valued at Dh7 million entails development works on…
UBS Asset Management acquires Edinburgh Travelodge hotel
UBS Asset Management’s (UBS-AM) Real Estate & Private Markets (REPM) has acquired a Scottish hotel on behalf of its long income UK property vehicle. The buyer has paid €10.3 million…
Kuwait’s Alargan Int’l Real Estate signs $218m bank facilities contract
Kuwait’s Alargan International Real Estate Co has signed a contract worth $218 million with a local bank to organise its financial structure and turn its short and medium term commitments…
Phase 1 of Morocco’s Zenata eco city to complete by 2020
The first phase of construction for the ecological city of Zenata in Morocco will be completed in 2020. Zenata Development Company announced the completion of work on water, electricity, transport…
Bahrain Housing Ministry to offer more e-services
Bahrain’s Housing Minister Bassim bin Yacub Al-Hamar said that all services requiring the citizens to report to the Housing Ministry will become electronic, that will ensure easy procedures for the…