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The $217.8m loan, that matured last week, was being used to fund construction on Saudi Arabia’s Grand Mosque site
Source: New feed

Data from Dubai Land Department suggests that British nationals are the third largest investors in real estate
Source: New feed

Dubai South Residential will boast around 10,000 residential units between villas, townhouses and apartments by 2020 – housing an estimated 35,000 residents
Source: New feed

Spanish company Transordizia drives the first LNG-powered truck, an Iveco Stralis, across Europe
Source: New feed

Barwa Real Estate announced that construction contracts for the Phase I of Madinat Al Mawater project had been awarded to Doha-based INSHA Co
Source: New feed

The 450km-long train will have a capacity of 9,000 passengers per hour, allowing better transportation of pilgrims traveling from Jeddah and Madinah to Makkah
Source: New feed

Mobilisation activity on the Zubair project has commenced with a scheduled completion of early 2018
Source: New feed

The UAE has presented 50 generator sets to authorities in Aden, Yemen, as part of efforts to end power cuts in the governorate
Source: New feed

Dubai’s Land Department, Economic Department, and Municipality are said to be collaborating on the study that covers developer incentives and buyer financing
Source: New feed

EFS will manage and deliver a range of property services at the newly constructed Karama residential development in Dubai
Source: New feed