Real estate

February 17, 2019


The Soaring AKH Tower is Changing Dammam’s Skyline

2019 Serving as the new headquarters for the prominent Al Abdul Karim Holding (AKH) company in Dammam, the AKH Tower is now open for business. Designed and supervised by Dewan Architects + Engineers, the dramatic 37-storey building ranks as the tallest building in Dammam and the 30th tallest in the Kingdom of Saudi Arabia.

Setting out to impress, the striking design of the AKH Tower – with its gleaming glass, geometric patterns and soaring"...

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February 13, 2019


Linesight Collaborates on Five-Star Leisure Resort on Palm Jumeirah 

(AETOS Wire)-- W Dubai – The Palm is now welcoming its first guests. The impressive project was delivered on specification and within budget expectations. The five-star hotel consists of three buildings and spans 100,000sq.m. across Palm Jumeirah’s Western Crescent. Alongside the 350 luxury rooms and suites, the hotel – managed by Marriott International – features a clubhouse, a 475-metre beach, several pools and restaurants, landscaped gardens, back-of-house areas and state-of-the-art security. In addition, W Dubai – The Palm’s culinary attractions include two Michelin-starred chefs - Massimo Bottura presents Torno Subito, his first restaurant outside Italy, while Akira Back’s first restaurant in the Middle East brings unmistakable style and inspired Japanese flavours to this international hub. Linesight – which came on board at the concept stage of this project in 2012 – successfully costed and managed a number of design upgrades, provided the full spectrum of pre- and post-contract services, and advised on procurement......

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February 7, 2019


Cement: Exports to increase to USD $500mn over next five years

BECHAR – Minister of Industry and Mines Youcef Yousfi said that Algeria is aiming to increase its cement exports to half a billion USD in the next five years.

Speaking at a press briefing, on the sidelines of his visit to the province of Bechar, the minister said that the surplus in cement production should reach, over the next five years, between 10 to 15 million tonnes.


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February 6, 2019


CW to deploy world-class connectivity infrastructure in Ethiopia

Cambridge Wireless (CW), is collaborating with Regional State Government, Bahir Dar University and local delivery partners to deploy world-class connectivity infrastructure in a rapidly growing city in Ethiopia.

CW is offering its members and wider network the opportunity to take part in a pioneering programme that explores the potential, opportunities and challenges of green field urban internet connectivity and applications deployment in Ethiopia.


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February 4, 2019


Booking Proceedings Milestone of 249 Residential Units in Bawabat Tiba Project in Medina Achieved by 16/1/2019

Al Mosoqoon Real Estate Company for Investment and Development celebrated a milestone on 16/1/2019, with the booking of 249 residential units in Bawabat Tiba project in Medina, within the Sakani program proposed by the Ministry of Housing.

Eng. Mohamad Mutawalli, CEO of Al Mosoqoon, explained that construction is currently underway on the project, which includes a total of 700 residential units on a built-up area of 133979.79 m2. He added that handover"...

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January 31, 2019


Nigeria to construct a new modern City

Nigeria is set to construct a new modern city at whopping cost of US $249m, in the North West Quadrant of the Lekki Free Zone in Lagos, one of Africa’s fastest-growing cities with a population of over 20 million.

Lagos State Governor, Mr. Akinwunmi Ambode unveiled the reports and said that the project was carefully designed by Rendezvous, Africa’s largest new city developers and Lagos State Government to redefine state.


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January 28, 2019


South African property tech start-up, Flow raises 20 million rand

A South African property tech start-up, Flow, has raised 20 million rand in South Africa’s biggest seed investment for the new industry to date.

The three founders of Flow- Gil Sperling, Daniel Levy and Jonathan Liebmann offer a mobile app, which operates a platform designed to serve the needs of tenants and landlords. The founders note that the first goal of the application is designed to reward tenants for good behaviour.


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January 27, 2019


UNOPS, Kenyan government partner to deliver 100,000 green homes nationwide

The United Nations Office for Project Services, UNOPS, Landmark Affordable Housing agreement with the Government of Kenya has taken a major step forward following the signing of an agreement between the two parties to deliver 100,000 affordable, sustainable homes nationwide.

As part of the agreement, UNOPS and its partners will seek to attract $ 647 million worth of investment. The project will provide significant employment opportunities for local"...

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January 27, 2019


Pantheon Development Launches New Urban –Style Project “Elysee”

Conveniently located in District thirteen of Jumeirah Village Circle (JVC), Pantheon Development launched its second project named “Pantheon Elysée” valued at AED200 million with a sleek, modern aesthetic design, that is preferred by many urbanites.

Mr Kalpesh Kinariwala, Founder and Chairman of Pantheon Group, refers to the market and project as promising. ‘’Investing in JVC is at the forefront of our plans, we aim"...

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January 22, 2019


Select Group Welcomes Homeowners to No.9 Dubai Marina

Select Group, a leading global real estate investment and development company headquartered in Dubai, has begun handover of the luxurious, waterfront development No.9 in Dubai Marina. With a gross development value of AED 520 million and built up area of 500,000 square feet, the development is spread over 34 floors with a total of 223 units.

Ideally located with direct access to the cosmopolitan Marina Walk, No.9 features 1, 2, 3 bedroom apartments"...

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