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Infrastructure and Property

Infrastructure and Property latest

OMNIYAT Partners with Dubai Basketball to support its global ambitions
October 17th, 2025 - 05:25 GMT

OMNIYAT Partners with Dubai Basketball to support its global ambitions

OMNIYAT and Dubai Basketball are proud to announce their new strategic partnership as the leading ultra-luxury developer is named the Official Partner for the 2025/2026 seasons of the EuroLeague and the Adriatic Basketball Association (ABA). Mahdi Amjad, Founder and Executive Chairman of OMNIYAT GROUP, a diversified multi-brand portfolio including OMNIYAT, and Abdulla Saeed Juma Al Naboodah, Chairman and Founder of Dubai Basketball, were present for the signing of the sponsorship deal at the Coca-Cola Arena ahead of Dubai Basketball’s historic Euroleague game against FC Barcelona Thursday evening. As the Official ...
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Despite significant additional supply to the market in 2019 and 2020 from existing projects, S&P expects very few launches this year and the next year because developers will pull back supply in response to lower margins due to falling prices. (Shutterstock)
February 20th, 2019 - 09:23 GMT

Report: Dubai Property Prices to Remain Low Until 2020

During the event
February 18th, 2019 - 12:49 GMT

Edamah Participates in Milken Institute’s MENA Summit 2019

SODIC has announced its guidance for 2019 targeting EGP 7.2 billion of contracted sales.
February 18th, 2019 - 12:44 GMT

SODIC Targets EGP7.2 Billion of Contracted Sales and Delivery of 1,151 Units

The number of residential and commercial units is more than the number of people in need of such units.(Shutterstock)
February 12th, 2019 - 10:16 GMT

Rents in Oman Plummet by 60 Percent

Prominent handovers in 2018 include multiple project deliveries in Damac Hills, Hayat Townhouses and Bluewaters Residences. (Shutterstock)
February 10th, 2019 - 07:56 GMT

Properties in Dubai, Supply to Outpace Demand in 2019

The project — which is expected to take 38 months to complete — is expected to employ over 3,500 people at peak construction. (Shutterstock)
February 7th, 2019 - 11:53 GMT

$1.36 Billion Contract to Build Artificial Islands in UAE

Real estate investment volume by Iraqi nationals ranked first with JD7.8 million, followed by Saudi and Yemeni sales, totalling at JD2.7 and JD2.3 million, respectively. (Shutterstock)
February 7th, 2019 - 07:55 GMT

Real Estate Trade Volume in Jordan Plummets 24 Percent

Landlords quote lower amount in rental pacts with municipality to pocket additional money. (Shutterstock)
January 31st, 2019 - 09:17 GMT

The Catch Behind OMR1 Rents in Oman

The sales prices are expected to remain under pressure in the foreseeable future. (Shutterstock)
January 31st, 2019 - 09:08 GMT

This Is How to Nail the Best Real Estate Deals in Dubai

According to the agreement signed with the housing authority, anticipating the total number of housing units will be between 5,000 to 6,000. (Shutterstock)
January 18th, 2019 - 06:30 GMT

Chinese Contractor to Deliver 6,000 Housing Units in Kuwait

Property sales to foreigners posted an annual hike of 78.4 percent to reach 39,663 houses. (Shutterstock)
January 17th, 2019 - 09:07 GMT

Over 1.37 Million Houses Sold in Turkey in 2018

The only month where sales went slightly up was December, when a 4 per cent increase in sales brought in JD450 million for the sector. (Shutterstock)
January 13th, 2019 - 10:29 GMT

Jordan's Housing Sector Plummets 13 Percent in 2018

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