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The event attracts senior-level decision makers
19 August 11:38 AM Cairo to host Intelligent Cities Exhibition & Conference on 23-24 October
Cairo – Mubasher: Cairo is set to host the fifth annual Intelligent Cities Exhibition & Conference (ICEC) on 23-24 October, according to a statement. The Middle East and Africa region’s leading smart and sustainable cities event will be organised …
Project owners in GCC have  awarded construction contracts worth $49 billion in H1-19
23 July 04:13 PM Saudi Arabia construction projects’ value hit $63bn in Q2 – BNC
Mubasher: Saudi Arabia is the first largest construction market in the GCC with total investments of $63.5 billion in the second quarter of 2019, according to a recent report by BNC Construction Intelligence. During the first six months of 2019, …
Khazaen is the largest PPP project in Oman
1 June 11:44 PM Oman’s Khazaen to reveal master plan for 52m-sqm city soon
Mubasher: Oman’s master developer of the major integrated economic city in Barka, Khazaen Economic City (KEC), is set to announce the Detailed Master Plan of the new city in the coming days. The detailed designs of the 52 million square metres …
Lease and resale services will be offered to clients in the Egyptian market
28 May 01:55 PM Tabarak launches new property firm in Egypt, GCC
By: Abdullah Bedeir Cairo – Mubasher: Tabarak Developments has launched a new company which will operate in the GCC and Egyptian markets. The new company will offer real estate services to Tabarak’s customers in the GCC region and Egypt in a bid …
‘Ai Everything Summit 2019’ kicked off in Dubai on 30 April
19 May 10:17 AM UAE leads GCC in adopting Fourth industrial revolution
Mubasher: The current industrial revolution will not include organisations that do not adapt by using new digital technologies, including the internet of things (IoT) and Artificial Intelligence (AI). Such entities are expected to fail to be ready …
Autonomous transport something that the UAE is already actively involved in
16 May 10:44 AM Genomic medicine amid UAE’s goals in Fourth Industrial Revolution – Colliers
Mubasher: The Fourth Industrial Revolution (4IR) is becoming an endorsing factor for economies all over the world and it is currently being seen in various sectors such as real estate, banking, entertainment, healthcare, and the new trend of …
Two Seasons Hotel & Apartments will open in Al Barsha in 2022
9 May 02:54 PM Two Seasons Hotels expands operations in UAE, Morocco
Mubasher: Two Seasons Hotels management company has unveiled updates on its four new upcoming properties in the UAE and Morocco during its participation as an exhibitor in the Arabian Travel Market (ATM) 2019. In Dubai, the hospitality group will …
The new app replaces all the apps previously launched for the group’s individual hotel brands
9 May 01:43 PM Emaar Hospitality launches fully-integrated app for guest experiences
Mubasher: Emaar Hospitality, a subsidiary of the leading Dubai-based Emaar Properties, on Thursday announced the launch of a single-point mobile app that covers all the hotel, hospitality, and leisure experiences under the group. The …
The facilities will be used to finance United Real Estate’s activities.
8 May 01:49 PM United Real Estate’s unit obtains $36.5m loan from Omani lender
Mubasher: Kuwait-based United Real Estate Co. said that its 100% subsidiary, Al Reef Real Estate Company, signed a mortgage contract with Oman’s Al Hilal Islamic Banking Services to obtain credit facilities worth OMR 14 million ($36.46 million). …
Marassi Al Bahrain will feature 6,000 residences
5 May 02:14 PM Eagle Hills inks $374m syndicated financing to build Marassi Galleria
Mubasher: Eagle Hills Diyar has signed a $374 million financing agreement with a syndicate of banks from UAE and Bahrain to finance the construction of Marassi Galleria, Address Hotel and VIDA Hotel. “The syndicated financing underscores the …
TIME Hotels will be exhibiting on stand HC0620 during ATM 2019
22 April 04:33 PM TIME Hotels plans to open 35 properties in Middle East by 2025
Mubasher: The UAE-headquartered hospitality company and hotel operator TIME Hotels plans to launch five properties across the Middle East during 2019. A further expansion to its business is planned, as TIME Hotels targets 35 properties by 2025.   …
Rents and property prices have decreased the most in Q1-19
21 April 11:47 AM Over 20,000 units likely to enter Dubai market in 2019
Dubai – Mubasher: The real estate sector in Dubai has witnessed more than 20,000 units entering the market during 2018, head of consulting at Chestertons MENA Ivana Vucinic said, according to TimeOut Dubai. The new units have resulted in a …
The brand name, Bayut, means homes in Arabic
9 April 04:03 PM UAE’s Bayut acquires Lamudi ME as GCC expansion plan
Mubasher: The leading real estate portal in the UAE, Bayut, announced the acquisition of the Middle East Internet Group’s Lamudi in the GCC for an undisclosed sum. This takeover agreement comes as part of the company’s expansion plan, as Bayut …
Property Finder and JRD Group share the same consumer-centric vision
8 April 05:28 PM Property finder inks takeover deal of UAE-based JRD Group
Mubasher: The Middle East real estate classifieds website Property Finder announced its recent takeover plans after it has signed an agreement to acquire its competitor JRD Group, a UAE-based real estate technology provider, owner of property …
Abu Dhabi sae a high number of prospective buyers searching for luxury properties
4 April 02:23 PM Abu Dhabi property market down slightly in Q1-19
Mubasher: The real estate market in Abu Dhabi registered a high amount of interest during the first quarter of 2019, due to the high return on investment (ROI) and large portfolio of affordable properties in the capital’s emerging areas, a recent …
The 156 exclusive Residences will provide 75-260 sqm areas
3 April 04:03 PM Eagle Hills Muscat opens sales centre in Oman
Mubasher: Eagle Hills Muscat, a joint venture between UAE-based Eagle Hills Abu Dhabi and Izz International, on Wednesday announced the inauguration of a new sales centre in Oman. The new centre will offer Oman’s first fully-serviced and branded …
Bahrain offers the lowest operating costs in the region
2 April 03:06 PM Bahrain eyes launch of ‘Estater’ as MENA first proptech firm
Mubasher: Bahrain has witnessed the launch of ‘Estater’, the first property technology (proptech) company in the Middle East and North Africa (MENA) region and the Gulf area. The kingdom is fast-becoming one of the most attractive technology hubs …
Associate at JLL MENA, Dana Salbak
1 April 12:58 PM Infrastructure developments in Makkah likely to boost tourism – JLL
Mubasher: Makkah has been undergoing major transformation under Saudi Arabia Vision 2030, the leading real estate firm JLL said. Progress on major infrastructure enhancements and growing connectivity in the Holy City in Saudi Arabia are projected …
The fund will offer 30.515m units to the public
26 March 12:01 PM Shuaa Capital KSA launches ‘SHUAA REIT’ fund
Mubasher: SHUAA Capital Saudi Arabia announced the launch of the Real Estate Investment Trust (REIT) fund “SHUAA REIT”, a closed-ended publicly traded real estate investment fund that is approved by Saudi Arabia’s Capital Market Authority (CMA), …
The event takes place from 23 to 25 April 2019
5 March 09:59 PM Bahraini market prepares for strong competition at Gulf Property Show
Mubasher: The Bahraini real estate sector is expected to face tough competition from overseas rivals at Gulf Property Show, the event’s organising managing director Jubran Abdulrahman said. The Gulf Property Show is planned to showcase …
NBK’s real estate price indices jumped in 2018
9 February 05:23 PM Kuwait's real estate sales mark 4-yr high in Q4 – NBK
Mubasher: The Kuwaiti real estate sector saw a higher amount of sales during the fourth quarter of 2018, recording their highest levels in four years. Real estate sales increased by 23% quarter-on-quarter (91% year-on-year) to KWD 1 billion ($3.29 …
The Kuwaiti real estate market has bucked the GCC's downward trend
25 December 2018 04:51 PM GCC property transactions drop 30% in 9M - Report
Mubasher: The value of the real estate sale transactions in the GCC, except Bahrain, has declined 30.7% year-on-year to $59.3 billion during the first nine months of 2018, according to a recent report released on Tuesday. This decline was ascribed …
29 UAE firms make Top 100 GCC market cap list in 2018
26 November 2018 00:50 PM 29 UAE firms make Top 100 GCC market cap list in 2018
Dubai – Mubasher: A total of 29 UAE-based companies made Gulf Business’ list of 100 Best Companies in the GCC by Market Capitalisation for 2018. The report is issued annually in cooperation with Marmore MENA Intelligence. Several UAE banks made …
The real estate market in the UAE will need time to regain its balance
7 October 2018 05:14 PM Real estate stocks in UAE bourses fall despite Cityscape Global event
By: Enas Bahgat Mubasher: The real estate stocks listed on both the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) decreased in line with the launch of Cityscape Global 2018, the international property exhibition. This …
The Kuwaiti company will build two projects in Saudi Arabia
6 May 2018 00:30 PM Mabanee to expand The Avenues in GCC – CEO
Mubasher: Mabanee Co has played an important role in the real estate sector in Kuwait since 1964, company CEO Waleed Al Shareaan said in a press conference on Thursday. Mabanee’s business represents one-third of the overall market value of the …