Category: New Projects
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Husqvarna Construction launches first electric drill motors equipped with Embedded Connectivity
The new DM 400 and DM 430 – single-phase 3.2 kW electric drill motors, combine typical Husqvarna usability features with a new level of sturdiness Dubai, United Arab Emirates, 18 November 2022 – Husqvarna Construction, part of Husqvarna Group, has further strengthened its offering for contractors looking for a really durable drill motor with the…
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Clean Planet Energy partners with Crossroads Real Estate for 10 new advanced recycling facilities across the UK
LONDON, UK, 16th November 2022: Clean Planet Energy today announced a new joint venture with private equity firm Crossroads Real Estate to fund Clean Planet Energy’s flagship ecoPlant currently under construction in Teesside, North East England. This will be the first of 10 new ecoPlants that Crossroads Real Estate and Clean Planet Energy are jointly seeking…
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Magnom Properties to showcase colourful sculptures by Richard Orlinski
Cairo, Egypt; November 15, 2022: Magnom Properties is partnering with French contemporary artist, Richard Orlinksi, to debut a collection of his colourful animal-inspired resin sculptures at the company’s first project in Egypt’s New Administrative Capital (NAC). Known for his electrifying sculptures of remarkable dimensions exhibited globally such as his well-known Red Gorilla ‘Wild Kong’ displayed at…
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Emaar achieved group property sales of AED 26.9 billion (US$ 7.3 billion) in the first 9 months of 2022
Dubai, United Arab Emirates – 14 November 2022: Emaar Properties PJSC (DFM: EMAAR), announced continued growth in the first nine-month profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses. Key performance highlights Emaar recorded revenue during the first nine months of 2022 (“9M 2022”) amounting to AED 18.9 billion…
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Ellington Properties signs strategic partnership with BSBG for a new era of expansion
November 14, 2022, Dubai, UAE,: Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, has appointed Brewer Smith Brewer Group (BSBG), an award-winning international design architecture and executive architecture group, as their lead consultant for new and upcoming projects located in Downtown Dubai, Jumeirah Lake Towers (JLT) and Business Bay. The partnership marks a new era…
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Eshraq Investments reports its highest ever quarterly profit in its history of AED 474 million for Q3 2022
Abu Dhabi, UAE; 11 November 2022: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), today announced its results for the period ended September 30, 2022. The Company reported its highest ever quarterly net income of AED 475 million, a 27-fold jump year-over-year. Eshraq’s book value stood at AED 0.9238…
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Miral and Warner Bros. Discovery Announce Harry Potter Themed Land Coming to Abu Dhabi’s Yas Island
A first in the Middle East, extensive new themed land to be part of award-winning indoor theme park, Warner Bros. World Abu Dhabi Abu Dhabi, UAE – 10 November 2022: Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, in partnership with Warner Bros. Discovery, announced today a Harry Potter themed land, a first…
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Four Seasons and Midad Real Estate Announce Plans for Hotel in Jeddah’s Corniche District
The upcoming luxury hotel, serviced apartments and branded residences will have exceptional views of the Red Sea and easy access to Jeddah’s dynamic commerce hubs Toronto, Canada, November 10, 2022- Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company, announces plans to expand its presence in the Middle East alongside Saudi-based investment firm…
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ZāZEN Properties shares insights on unprecedented growth in the UAE’s residential real estate sector
Dubai, UAE – 10 November 2022: ZāZEN Properties, a leading sustainable property developer in the UAE, is observing strong growth in the UAE’s residential real estate sector. The homegrown brand notes that the sale of off-plan and secondary properties in Dubai reached a 12-year high in the third quarter, both in terms of volume and…
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Change Your Money Mindset with Miracles Wellness Center’s New Workshop
Dubai, UAE, November 2022 – Get ready to improve your relationship with money and change your money perceptions as Miracles Wellness Center launches an exclusive workshop on the Art of having Money with Dr David Kubes. To be held on 14th November, this one-of-a-kind class is aimed at anyone having difficulty with money or wishing to improve their relationship…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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