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Real Estate
90% of UAE’s housing projects continue despite coronavirus
Work on residential projects in the UAE has continued despite the coronavirus pandemic, but developers and…
Dubai’s residential properties value falls 11.5% in May
Residential properties across Dubai displayed an overall 11.5 percent annual fall in capital values for May,…
Egypt on track to complete 7 sanitation projects in Sohag at EGP 259m
Egypt is nearing completion of seven sanitation projects in Sohag at a cost of 259 million Egyptian pounds,…
HCCD’s affiliates eyes EGP 600 mln real estate investments in 2021 – sources
Two Egyptian state-run affiliates plan to invest more than 600 million Egyptian pounds ($37.1 million) in the real…
Orascom Development Egypt’s profits slump 51% in Q1
Orascom Development Egypt (ODE) net profit has been down by 51.29 percent during the first quarter of 2020…
Pakistan Oks $7.2 bln railway project linking it with China
Pakistan has approved $7.2 billion railway line upgradation project between Peshawar and Karachi under the China…
Dubai’s real estate transactions record $5.44 bln in Q1
Dubai Land Department recorded AED 20 billion ($5.44 billion) worth of real estate transactions during the first…
Palm Hills signs an EGP3.5bln agreement for a new project in Ain Sokhna
Palm Hills Developments has inked a co-development agreement with Al Shorouk for Touristic Development on a…
Egypt’s construction sector will become largest in MENA by 2029: Fitch
Egypt’s construction sector will become the largest in the region by 2029 in terms of value, Fitch Solutions’ BMI…
Dubai’s RTA announces new generation of bus shelters at four hotspots
Dubai’s Roads and Transport Authority, RTA unveiled a new generation of bus shelters at four hotspots across the…