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Dubai Investment Real Estate Company (DIR), a subsidiary of Dubai Investments, has reached the impressive milestone of 5 million safe working man-hours without a Lost-Time Injury (LTI)
Egypt-based Urban Developer Madinet Masr, has entered into a strategic partnership with Redcon Spain Construction to expedite the construction of the Z Villas within the Sarai mixed-use project in New Cairo. As a part of the agreement, Redcon Spain Construction will handle construction valued over EGP 600 million, with completion slated for 2025. The Sarai […]
As Dubai continues to set benchmarks in excellence, the Dubai Land Department (DLD) has announced the launch of the second phase of its Real Estate Brokers Programme. The initiative aims to empower UAE nationals by expanding their participation in the real estate sector, enhancing their role in sustainable development, and driving the growth of Emirati […]
A full-service hotel management company Valor Hospitality Partners, has announced its expansion into Saudi Arabia, marking a significant step in its growth across the Gulf Cooperation Council (GCC). This move aligns with Saudi Arabia’s Vision 2030, which aims to increase tourism’s contribution to the GDP by 10%. The hospitality sector booming across the GCC and […]
Qatari-based construction company UCC Holding has partnered with Denmark’s COBOD, a concrete 3D printing technology services provider, to supply the world’s largest third-generation 3D printers. The pioneering technology will be used to build two schools in Qatar, covering 40,000 square metres and aiming to set a Guinness World Record for the largest 3D-printed buildings. The […]
The Saudi Real Estate Refinance Company (SRC) has entered into a strategic partnership with King Street Capital Management to enhance liquidity and stability in Saudi Arabia’s secondary real estate financing market. The Memorandum of Understanding (MoU) was signed in New York City during the official visit of the Saudi Minister of Municipalities and Housing, His […]
Egyptian-based real estate developers NAIA Developments has announced a significant partnership with Accor, a global hospitality service provider, to launch two Swissôtel properties in Ras El Hekma, Egypt. The collaboration will see the development of the Swissôtel Hotel and Swissôtel Residences at NAIA Bay, marking a milestone in Egypt’s coastal tourism industry. The new properties […]
Empire State Developments (ESD) is evaluating significant real estate projects in east and west Cairo, with plans to invest EGP 17 billion over the coming years. The company is particularly interested in the New Administrative Capital (NAC), which already owns El Centro Mall, as it seeks to capitalise on the area’s high investment potential. Chairperson […]
Real Estate Company’s YBA Kanoo’s investment division, Kanoo Ventures has announced a significant investment in CorrosionRADAR, a predictive Corrosion under Insulation (CUI) monitoring solution. This latest funding round, attracting investments from Aramco Ventures, Dow, and Mercia Ventures, has raised CorrosionRADAR’s total funding to $14 million (£11.7M). This capital influx will enable CorrosionRADAR to expand the […]
The real estate developer, SKY AD. On Thursday, developments under the direction of the Emirati Diamond Group began construction on the Bluetree project in New Cairo’s prestigious Golden Square. This is the company’s third venture in Egypt and its first development in the Fifth Settlement. During a media visit, the company formally announced the project […]
On Wednesday, the prominent hospitality company OYO launched its first luxury hotel in Dubai under the brand ‘Palette,’ aiming to attract the growing number of Indian tourists visiting the city. The move follows a significant rise in Indian visitors to Dubai, which reached 11.9 million in 2023. OYO, which boasts over 700 properties in the […]
The real estate software company, Inside Real Estate, announced on Thursday, the launch of BoldTrail, a unified portfolio of their extensive capabilities. This new cohesive system aims to better serve real estate professionals by providing a seamless end-to-end ecosystem that integrates all of Inside Real Estate’s tools, insights, innovations, and add-ons. BoldTrail consolidates Inside Real […]
