Real Estate

Real Estate and related Industry News

Saudi Arabia is witnessing a spurt in property demands as the Kingdom has recovered from the recent unrest in the region. Emaar Middle East, a subsidiary of Emaar Properties, complements the region with its value-added lifestyle projects at Cityscape...
UAE?s new visa rule is likely to improve the business of real estate business. Once implemented, the residents of Dubai will be issued visas based on their property ownership. The new rule will bring about a push to the...
Mandatory Midday Break for laborers will start from June 15, said the Ministry of Labour. Companies will have to give two and a half hour break from 12:30 pm to 3:00 pm to those workers who work in open areas...
Middle East global entertainment firm and animation company, Rubicon, has signed a deal with US media conglomerate, Paramount and CBS to launch a $1 billion theme park and resort in Aqaba, Jordan. The theme park, with a license from...
The Dubai developer, Nakheel is restructuring $10.8 billion in debt; is now offering up to two months rent free in units in lower priced developments in a bid to attract tenants. The government owned company, is offering free periods...
The UAE- based group, Tharaa Holding has signed an agreement with the Polish government to redevelop the former military site in the eastern European country. Tharaa, through its development company Hadara, will develop the land owned by the Military...
Dubai International Financial Centre (DIFC) Investments, the major stake holder in Dubai Pearl, has pulled itself out of the project. Dubai Pearl, the US$3.8 billion (Dh13.95bn) project, overlooking Palm Jumeirah has witnessed a slowdown in construction activity following the...