Ajman Property Developer Unveils $2.3 billion Masterplan with 10,000 Apartments

Investment
Ajman property development is set for a major expansion through a new $2.3 billion masterplan. GJ Properties plans to develop 27 towers across around 15 million square feet. The project will include almost 10,000 apartments across several construction phases. The developer expects work to begin on the first seven towers in 2027. The company plans to formally announce the development...
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Dubai Gold Prices Recover Above Dh500 as Global Markets Balance Higher Yields, a Stronger Dollar and Geopolitical Risks

Dubai gold prices recovered above Dh500 per gram on Wednesday after falling below the level earlier this week. The recovery came as global gold...

UAE and Egypt Currency Swap Renewed at $1.4 billion to Strengthen Trade and Financial Cooperation

The UAE and Egypt have renewed their currency swap agreement for another five years. The currency swap remains valued at AED5 billion, or about...

Dubai Hotel Market Draws Global Investors as Tourism Demand Rebounds

Dubai’s hotel market has regained investor attention as tourism demand continues to recover. The Dubai hotel market has attracted global capital despite higher borrowing...
Investment

Modon Awards $230 million Contract for Major Ras El Hekma Development Project

Ras El Hekma has secured another major development contract as Modon Holding expands construction across the coastal destination. The Abu Dhabi-based developer awarded the contract to an Egyptian joint venture. Innovo Build and RedCon Construction will handle infrastructure and construction work. The contract covers the DP03 East package within Wadi Yemm. Its value exceeds EGP12 billion, which equals about...

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BGC Confirms Energy Infrastructure Stability Despite Tanker Strikes

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Basra Gas Company (BGC) confirmed today that its primary facilities remain fully operational following a high-profile maritime incident. In the early hours of Thursday, attackers targeted two oil tankers within Iraqi territorial waters. Despite the proximity of...
Investment

$4.5 Billion Qatar Tanker Deal Could Transform the Country’s Long-Range Military Capabilities

The US State Department has approved a possible $4.5 billion sale of four Boeing KC-46A aerial refueling aircraft to Qatar, strengthening the country’s long-range...
Investment

Qatar’s Transportation Master Plan 2050 to Drive Sustainability

Qatar’s Transportation Master Plan 2050 (TMPQ) will guide the country toward becoming one of the world’s most sustainable nations. The plan is designed to...
Iraq

Iraq Expands Oil Exports with Iraq Offshore Pipeline Project

Iraq continues to strengthen its oil infrastructure through the Iraq offshore pipeline project. This effort aims to boost national energy exports. To begin with, Iraq...
Investment

India-Oman CEPA Boosts Trade, Services, and Professional Mobility

India and Oman have signed a landmark Comprehensive Economic Partnership Agreement (CEPA), creating new opportunities for trade, services, and professional mobility. The India-Omani CEPA...
Investment

Oman Blue Economy Drives Growth

Oman blue economy is gaining momentum because the country leverages its strategic coastal location. The Sultanate sits at the southeastern tip of the Arabian...
Investment

Microsoft Expands Saudi AI Globally with Allam Arabic Language Model Partnership with Humain

Saudi AI is gaining wider international exposure through a new collaboration between Microsoft and Saudi technology company Humain. The partnership will expand access to...
Uncategorized

Sharjah Industrial Real Estate Hits $2.51 Billion

Sharjah industrial real estate reached $2.51 billion in 2025, marking unprecedented growth in the emirate’s industrial sector. Moreover, the market reflected strong investor confidence...
Investment

Saudi Construction Push Faces Costly Delays as Hormuz Disruption Reshapes Supply Chains

Saudi construction projects face higher costs as shipping disruptions force companies to use longer land routes. Contractors now rely more heavily on trucks for...
News

Commute Shapes Demand In UAE Property Market

isra isra -
Commute Shapes Demand across the UAE property market as traffic pressures reshape housing decisions. Residents increasingly choose homes near workplaces to save time and reduce stress. As congestion intensifies, proximity now outweighs larger space for many buyers and tenants. Traffic...

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