Real estate

July 18, 2017


Arabia CSR Network to host GRI and CSR trainings from Sep to Dec

The Arab Region’s leading think tank and sustainability centre Arabia CSR Network will hold a host of trainings in the second half of 2017. Starting with a certified training on GRI Standards in July and a few more of the same in September and December, ACSRN will offer more trainings to build capacity of individuals and organisations in CSR and sustainability. A two-day training on Integrated Reporting will be held in October, an accredited 3 day CSR Advanced course"...

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July 17, 2017


Chairman of Metito Joins in Eradicating Malnutrition in support of the United Nations Sustainable Development Goals

The Intergovernmental Institution for the use of micro-algae spirulina against malnutrition (IIMSAM), the Intergovernmental Observer to the United Nations Economic and Social Council has appointed Mr Mutaz Ghandour, Chairman and CEO of Metito Holdings as a Goodwill Ambassador.

Commenting on this appointment, H.E. Mutaz Ghandour said: “The objective of this institution"...

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July 16, 2017


RE/MAX targets real estate brokerage business in Kenya

Real estate brokerage firm, RE/MAX, is now targeting to capitalise on Kenya's real estate sector.

This comes after the Global Vice President of company, Larry Oberly, visited the East African Region this week amid efforts to announce his business mission in the region.

Oberly’s business mission saw him visit Tanzania, Uganda before concluding in Kenya where he"...

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July 15, 2017


Algeria- Cement: “Sensitive” price declines as a result of anti-speculation measures

The price of the bag of cement is currently being sold between 500 and 700 DA against an average of 1.000 DA previously, following recent speculative measures against speculation by the Minister of Industry and Mines, Mahdjoub Bedda, the Ministry said in a statemment.

“In recent days, cement prices have declined significantly at the various points of sale throughout"...

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July 15, 2017


Ghana, Russia sign MoU to Develop Rail Project

Ghana’s government through the Ministry of Railway, has signed a memorandum of understanding (MoU) with Russian railway company, Geo Services, for the construction of a proposed 947km (593 miles) railway line and other rail routes from Accra to Paga, a town north of the country, near its borders with Burkina Faso.

The project, which is expected to be on a Build Operate and Transfer (BOT) basis, will open up the hinterlands, food growing, and"...

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July 13, 2017


Cement in Algeria: GICA aims to produce 20 million tons by 2019-2020

The Cement Industry Group of Algeria (GICA) is expected to increase its production to 20 million tons / year of cement by 2019-2020, thanks to plans to extend three cement plants and launch two new plants, announced, on Tuesday, in the province of Chlef a representative of this public company.

These include expansion of projects for the province of Chlef, such as Ain"...

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July 12, 2017


Africa’s awakening real estate market

Over the past decades, it has been burned into most people’s minds that Africa is a continent of economic and social distress plagued by constant strife, its institutions being rife with corruption and lacking governance. This might be true for the handful of Africa’s failed states that certainly exist, but is not the case for most of the continent’s nations, which in fact enjoy robust political and economic progress, and are outnumbering the few chaos countries by far.


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July 10, 2017


One of America's Most Iconic Resorts, Hotel del Coronado, to Join Exclusive Curio Collection by Hilton

(ME NewsWire)-- World-renowned Hotel del Coronado, set on one of the country's award-winning beaches, will officially join the exclusive Curio Collection by Hilton in July 2017. The hotel was hand-picked to be a part of the collection of one-of-a-kind independent hotels and resorts all celebrated for their individuality. The beloved Hotel del Coronado will celebrate its 130-year anniversary as the crown jewel of the collection's diverse and distinctive portfolio. Hotel del Coronado – fondly referred to as 'The Del' – will benefit from Hilton's renowned reputation and offerings as part of the rapidly growing Curio Collection while still maintaining its independent spirit and authenticity that guests have experienced for well over a century. 'What a landmark day for Curio Collection by Hilton, as we welcome one of the world's most celebrated and storied hotels,' said Mark Nogal, global head, Curio Collection by Hilton. 'We look forward to continuing the authentic tradition of Hotel del Coronado while the hotel establishes......

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July 8, 2017


Bechar: 2 batches Ben-Zireg cement plant to be launched soon

The construction works of two “important” batches of Ben-Zireg cement plant, about 20 kilometers north of Bechar province (south Algeria), will be launched in July, the senior official of Saoura Cement said.

This is the earthmoving of the site where the production equipment and the fence of the cement plant will be installed, the first of its kind in this"...

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July 8, 2017


Historic Acquisition of The Iconic Grosvenor House Hotel by Ashkenazy Acquisition Corp

(ME NewsWire)-- One of the world’s most iconic assets, The Grosvenor House Hotel in London, was acquired by U.S. real estate firm Ashkenazy Acquisition Corp on 6th July 2017 in what constitutes the most significant single asset hotel deal in U.K. history. Financial terms were not disclosed.

Ashkenazy Acquisition Corp has one of the largest portfolios of iconic assets in the U.S. and this acquisition"...

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