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    Home » Nobles Launches Phase 2 Sales of AlShahd City 4
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    Nobles Launches Phase 2 Sales of AlShahd City 4

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    Amman:- Nobles Properties announced the availability of plots for purchase in the second phase of AlShahd City 4, the country’s largest private residential compound situated near the intersection of the Amman Development Corridor and the Airport Road. The announcement follows the selling out of available plots in the project’s first phase. 

    The real estate developer indicated that market demand drove its decision to release the second phase ahead of schedule, noting that AlShahd City 4 comprises a total of three phases covering an area of 200,000 square meters (approximately 2.2 million square feet).

    Nobles Properties’ Executive Director, Wael Qassem, said the company will deliver the project with integrated infrastructure, including road, electricity, water, and sewage networks. He added the enclosed development will include parks and public services within a safe, gated environment. He noted the project’s strategic location, construction-ready infrastructure, flexible payment plan and exceptional amenities led to high customer demand and the rapid sale of the initial stage. 

    Omar Ayesh, Chairman of the Nobles Group, said AlShahd City 4, with its integrated services and distinctive lifestyle, represents a significant leap in the composition of residential compounds in the Jordanian market. He added several residential, hospitality and industrial projects are in the design phase and preparing to launch within Nobles’ vision of developing sustainable, environmentally friendly cities that offer exceptional services. 

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    Qatar Insurance (QIC) Strengthens Financial Performance With 14% Growth In Insurance Revenue To QR 7.4 Billion And Net Profit Of QR 562 Million In The First Nine Months Of 2026

    Sub-head: Gross Written Premium grew 9% to QR 8.5 billion and investment income rose 5.6% to QR 749 million, including a one-off gain on the sale of 13.75% of the QIC’s shareholding in Beema, with investment income broadly stable excluding the gain. Net profit was broadly in line with the prior-year period, with the year-on-year percentage decline narrowing through the third quarter, while the insurance service result reflected conflict-related claims and reserving. QIC’s capital and…

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