Al Farwaniya Property Developments, the consortium behind Abu Dhabi’s Reem Mall, announced that financing for the $1.2bn project is now complete.
China State Construction Engineering Corp (CSCEC) has been awarded a contract worth $3bn by the Egyptian government to build a Central Business District (CBD) in Egypt’s new administrative capital.
Emaar Properties has introduced a Dubai Hills Mall, a regional retail and leisure destination located in the Dubai Hills Estate.
Dubai Holding, an investment holding company, has launched an AED5.5bn ($1.5bn) Dubai Food Park development project.
Arabtec Construction, a wholly-owned subsidiary of Arabtec Holding, has been awarded a contract valued at AED353m ($96.1m) by the Abu Dhabi National Media Council (NMC) to build the UAE Pavilion at Expo 2020.
UAE-based developer Bloom Properties has begun main construction works on its Soho Square development on Abu Dhabi’s Saadiyat Island.
Aldar Properties has won a contract to build media and entertainment free zone twofour54’s new home on the Yas Island.