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Infrastructure and Property

Infrastructure and Property latest

His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan Inaugurates Aed 100 Billion Marsa Al Saadiyat
July 23rd, 2026 - 03:54 GMT

His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan Inaugurates Aed 100 Billion Marsa Al Saadiyat

Aldar today unveiled Marsa Al Saadiyat, activating the final phase of Saadiyat Island’s masterplan and marking a defining milestone in the island’s evolution into one of the most desirable addresses in the world. With a gross development value of AED 100 billion, Marsa Al Saadiyat will be developed into a luxurious waterfront destination, shaped by the rhythms of Arabian coastal life and the island’s cultural setting. The destination was inaugurated by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the ...
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The major buys of Sedco include an anchored standalone Hyper Panda retail store in Dammam. (Localplaces.ae)
October 10th, 2016 - 09:00 GMT

Sedco Capital pours $126M into Saudi real estate

Located about 4 km from the Muscat International Airport, the new convention centre is part of Madinat Al Irfan Urban Development. (Twitter)
October 10th, 2016 - 05:57 GMT

Oman Convention & Exhibition Centre ready to open its doors

Dubai Holding's  efforts to build smart cities began with the establishment of Dubai Internet City in 1999. (Dubai Media Office)
October 9th, 2016 - 06:25 GMT

Dubai Holding announces third SmartCity initiative with South Korean venture

The Fadhili power plant will be owned 30 per cent by SEC, 30 per cent by Aramco and 40 per cent by private sector partners. (Shutterstock)
October 6th, 2016 - 08:00 GMT

France's Engie to build $1.2B power plant in Saudi Arabia

An IMF report on the UAE economy says that the quality of loans taken by households — a measure of financial strain for home buyers — has improved. (Shutterstock)
October 5th, 2016 - 11:00 GMT

Dubai's softening real estate values open opportunities to get on property ladder

The new capital is one of a series of mega-projects announced by President Sisi designed to attract foreign investment and create jobs. (EPA/Khaled Elfiqi)
October 5th, 2016 - 06:17 GMT

Egypt's China-backed, $20B capital 'will be as big as Singapore'

Al Meera is on the path to completing 11 of the 14 shopping centres expansion plan that the supermarket retail chain announced last year. (Al Meera Qatar)
October 3rd, 2016 - 08:30 GMT

Qatar's Al Meera to expand with five new shopping centers

The property was sold to family holding entities related to Shahid Khan, founder of Flex-N-Gate Group and CEO of the Jacksonville Jaguars and the London-based Fulham Football Club. (AFP/Fayez Nureldine)
October 3rd, 2016 - 06:30 GMT

Saudi Prince Al Waleed bin Talal sells Toronto Four Seasons for $170M

The awarded tenders were for projects related to roads, sanitary engineering and construction. (Shutterstock)
October 2nd, 2016 - 08:00 GMT

Bahrain opens bids for $17.8M in infrastructure projects

Egypt has been scrambling to attract investment needed to restore growth since the 2011 uprising, which ushered in protracted political turmoil and scared away tourists and foreign investors. (Wikimedia Commons)
September 27th, 2016 - 06:30 GMT

Egypt seeks $10B FDI for major infrastructure upgrades

Build-operate-transfer (BOT) port projects have also seen a high failure rate, including Aqaba New Port in Jordan. (Construction Week Online)
September 26th, 2016 - 08:30 GMT

Nearly a quarter of Gulf public-private partnerships have collapsed: MEED

The Dh4-billion medical city will accommodate 732 hospital beds, including two royal and 36 VIP suites, 424 hospital beds for post-operative inpatients and 120 for the maternity and infant ward. (Seha)
September 26th, 2016 - 07:30 GMT

Abu Dhabi's billion-dollar Medical City set for handover in 2017

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