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News by Ben Crompton

Majid Al Futtaim H1 EBITDA Hits Record $680.7 Million

Majid Al Futtaim H1 EBITDA Hits Record $680.7 Million

Development revenue rose 38% as Majid Al Futtaim awarded $762.4 million in construction contracts

Fakhruddin Properties Unveils $191 Million AI-Enabled Development in Dubai

Fakhruddin Properties Unveils $191 Million AI-Enabled Development in Dubai

Tréppan Vision will bring robots, AI-enabled homes and 463 units to Dubai Land Residence Complex

Azizi Developments Unveils $8.17 Billion Florence Community in Sharjah

Azizi Developments Unveils $8.17 Billion Florence Community in Sharjah

Azizi Florence will feature over 10,600 homes and a 1.7 million sq ft Central Park in Sharjah.

Unified GCC Tourist Visa Set to Launch Soon, Secretary-General Says

Unified GCC Tourist Visa Set to Launch Soon, Secretary-General Says

The single permit allows foreign visitors to travel across all six GCC countries once implemented

Hotel & Hospitality Expo Saudi Arabia Returns to Riyadh in September

Hotel & Hospitality Expo Saudi Arabia Returns to Riyadh in September

Saudi Arabia’s hospitality expo returns to Riyadh from 15–17 September

Ajman Records $416.6 Million in Real Estate Transactions in August

Ajman Records $416.6 Million in Real Estate Transactions in August

Ajman recorded 994 property transactions in August, with trading volume reaching $264.1 million

KEC and Kaden to Develop $666.16 Million Mixed-Use Project in Madinah

KEC and Kaden to Develop $666.16 Million Mixed-Use Project in Madinah

The project will include 1,527 homes, offices, retail and recreational facilities across 92,043 sqm

RAK Properties, RAKBANK Launch Off-Plan Financing Solution

RAK Properties, RAKBANK Launch Off-Plan Financing Solution

RAK Properties and RAKBANK will offer flexible financing across selected off-plan developments

Dubai Square Unveils Air-Conditioned Parking Concept With Interior Design

Dubai Square Unveils Air-Conditioned Parking Concept With Interior Design

Dubai Square plans climate-controlled parking with integrated interiors, lighting and wayfinding

Meraas Awards $160.65 Million Construction Contract for City Walk Crestlane

Meraas Awards $160.65 Million Construction Contract for City Walk Crestlane

Parkway will deliver 394 apartments across four Crestlane buildings, with completion in Q3 2028

Aldar Completes Abu Dhabi’s First Off-Plan Mortgage Under ADREC Framework

Aldar Completes Abu Dhabi’s First Off-Plan Mortgage Under ADREC Framework

Buyers who have paid 50% can now secure mortgage financing before handover

Orascom and Muriya Advance Oman Projects With $90M+ As Sodah Investment

Orascom and Muriya Advance Oman Projects With $90M+ As Sodah Investment

Muriya is advancing all three Oman destinations, with more than $750 M invested across the Sultanate