Thursday 27 April 2017

Alabbar shares Emaar success story in Harvard

Mohamed Alabbar, founder and chairman of Dubai-based Emaar Properties, shared the success story of Emaar with over 80 students at the prestigious Harvard Business School in Boston. Harvard Business School senior lecturer Sid Yog selected Emaar as the subject of a case study title


Artar wins top real estate developer award

Saudi-based Artar Real Estate Development said it has won the best real estate developer award at Restatex, the Riyadh Real Estate and Urban Development Exhibition, for 50 years of its construction excellence. CEO Sulaiman Abdulrahman Al Rashid received the award at a key ceremon


Hormann launches multi-purpose MZ doors

Hormann, a leading Germany-based provider of doors and gates, has launched its multi-purpose doors MZ Thermo/MZ ThermoPlus for homes in the Middle East region. One of Hormann’s functional doors for homes, the MZ Thermo/MZ ThermoPlus has a thermal break and provides up to 49


Ezdan to launch Phase One of Doha mixed-use project

Ezdan Holding Group, a leading player in Qatar's real estate sector, has announced plans to launch the first phase of its mega mixed-use project in Doha. Ezdan Oasis will boast 2,058 residential and commercial units and more than 180 retail outlets including restaurants, caf&


Ajman real estate transactions top $199m in Q1

The real estate sector in the UAE emirate of Ajman has registered solid growth during the first quarter with its transactions surging to more than Dh733 million ($199 million), said senior officials of the Department of Land and Real Estate Regulation in Ajman. The total investme


Golden Group to build 250-room hotel in Oman

Golden Group Holding, a Oman-based group with interests in real estate, hospitality, construction and energy sector, has join hands with leading hospitality group Rotana to build a new luxury hotel in Muscat. The Al Mouj Rayhaan by Rotana will be located within the landmark Al Mo


ENBD REIT's property portfolio value soars to $315m

A Shari’a-compliant real estate investment trust managed by Emirates NBD Asset Management has registred steady growth with its property portfolio value now worth $315 million. The ENBD REIT, releasing the first net asset value (NAV) post listing, said it had remained stable


Aldar picks Emaar unit to manage Abu Dhabi resort

Abu Dhabi's leading developer Aldar Properties has signed up Vida Hotels and Resorts, a subsidiary of Dubai-based Emaar Hospitality Group, to operate a hotel within its masterplanned community on Reem Island. The hotel and serviced residences are a core feature of Aldar&rsquo


Egypt floats tenders for major steel plant revamp

Egypt's government has floated a tender seeking bids from international construction and engineering groups for the refurbishment of the country’s largest public company, Egyptian Iron and Steel Company (Hadisolb), said a report. The refurbishment plan includes a financ


Diyar Al Muharraq projects in spotlight at Gulf Property Show

Diyar Al Muharraq, a leading urban developer in Bahrain, said its upcoming projects such as the Al Bareh and Al Qamra freehold residential developments and the Star Commercial Villa plots have been a big hit at the Gulf Property Show in Manama. The region's boutique showcase

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