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    REAL ESTATE

    June 5, 2017

    The First Group’s New Dedicated Food & Beverage Division to Bring Innovative Dining Concepts to Dubai

    The First Group has launched a dedicated F&B business that will introduce new and established restaurant brands to Dubai, some of which will be global firsts. In a move that marks significant expansion for the Dubai-based property development firm, the new division will fill the gap in the market for affordable lifestyle-driven dining concepts, as demand in the midscale and upscale hospitality sectors starts to boom. Heading up the new venture is one of the region’s leading F&B experts, Duncan Fraser-Smith, who was recently......

    May 31, 2017

    Damac launches fully furnished luxury boutique villas

    Damac Properties, a leading luxury real estate developer in the region, has launched Casablanca Villas, a collection of fully furnished and serviced luxury boutique villas in Dubai, UAE, inspired by the enchanting vibes of the Moroccan city of Casablanca.

    The Casablanca Villas"...

    May 31, 2017

    Ministry of Urban Planning: 800,000 Housing Units Created by 2021

    Morocco is encouraging social housing with a new program initiated by the Ministry of Urban Planning to build 800,000 housing units by 2021.

    Fatna Lkhiyel, Secretary of State for Housing, said on Thursday in Rabat"...

    May 30, 2017

    Friends Provident International invests in Munich Re’s ALLFINANZ digital new business solution to streamline policy application and improve customer service

    (ME NewsWire)-- Munich Re Automation Solutions Ltd., the leading provider of new business underwriting solutions to the life insurance industry, today announced that Friends Provident International (FPI) has become the latest international life"...

    May 30, 2017

    SOBHA Declared Top Brand for the 3rd Consecutive Year

    (ME NewsWire)-- SOBHA Limited, India’s most admired and trusted real estate brand, has been declared the top brand of the Indian real estate sector for the 3rd consecutive year by the Brand X Report 2016-17, an annual study conducted by Track2Realty."...

    May 28, 2017

    Real Estate Prices Increase While Sales Decrease: Bank Al-Maghreb

    Real estate asset prices (IPAI) recorded an increase of 2.5 percent in 2017 for residential property, land and stores and offices. The rise of the prices is accompanied by a decline in the sales of real estate assets, according a report published by Bank Al-Maghreb.

    Prices"...

    May 26, 2017

    Hilton Opens the First-Ever Tru by Hilton – Its 5,000th Property 

    (ME NewsWire)-- Hilton (NYSE: HLT) today celebrated the grand opening of the first-ever Tru by Hilton – the company’s 5,000th hotel – at Tru by Hilton Oklahoma City Airport. With more than 425 hotels in various stages of development, Tru by Hilton has achieved the fastest growing pipeline in the history of the hospitality industry, and has captured approximately 2/3 of all net pipeline growth associated with the midscale segment since it launched in 2016. Developed from the ground up using consumer and owner feedback, and brought to market in just 16 months from when it launched at the Americas Lodging Investment Summit (ALIS),......

    May 21, 2017

    China, Morocco join hands to build Africa's tallest skyscraper in Rabat

    Construction firms from China and Morocco will set up a a joint venture to build Africa's tallest high-rise tower in Morocco's capital Rabat, local media reported on Saturday.

    The joint venture will be"...

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