Construction & Real Estate

Featured Story:

The report also found that the poverty rate among Israelis past retirement age was declining, compared with a rise in the incidence of poverty in the general population
December 19, 2014 - 00:16 GMT
High housing prices are preventing an average Israeli family from making ends meet.

December 17, 2014

Dubai’s real estate scene has also seen a number of new property launches over the year.
15:17 GMT

Dubai’s residential rents have stabilised in the second half of 2014, growing seven per cent year-on-year in 2014.

During the event
08:29 GMT
(press release)

Real estate developer Dubai Properties (DP) hosted an event earlier this month with Al Noor Centre for Children with Special Needs at its Ras Al Khor Sales Centre to help raise awareness for Down Syndrome, Cerebral Palsy and Autism.

December 16, 2014

During the event
11:05 GMT
(press release)

RAK Properties welcomed the opening of ‘The Lounge’ by Manhattan, a new chic waterfront café –featuring the first ICONS Coffee Couture outlet in Ras Al Khaimah.

Msheireb Properties Qatar National Day
07:40 GMT
(press release)

As part of its activities in celebration of Qatar National Day, Msheireb Properties, a subsidiary of Qatar Foundation, held an onsite gathering at its Msheireb Downtown Doha development.

December 15, 2014

Remraam community in DUBAILAND
06:27 GMT
(press release)

Dubai Properties (DP) recently awarded a 541Million Dirham contract to Engineering Contracting Co. LLC (ECC) for an 18-building expansion of its Remraam community in DUBAILAND.

December 14, 2014

08:45 GMT
(press release)

Global property developer Emaar Properties will distribute a special cash dividend of AED 9 billion (US$ 2.45 billion) that was approved recently at the Ordinary General Meeting of the company to shareholders.

December 10, 2014

Masood Al Awar discusses possible Casablanca edition of Smart Living City in 2015
10:22 GMT
(press release)

Masood Al Awar, the CEO of TASWEEK Real Estate met with Khalid Safir, Wali of Grand Casablanca, at the Wali’s Office to discuss the outcomes of the Smart Living City Dubai 2014 event.

The 271,051 sqft development will comprise 72 luxury apartments, a restaurant and health and fitness facilities and is slated for completion in 2017.
04:55 GMT

Marketed as ‘Ten Broadway’, the 600,000 sqft site, home to the London Metropolitan Police since the 1960s, is located in prime central London, and will be redeveloped into a multi-use development.

December 9, 2014

AKOYA Oxygen
06:50 GMT
(press release)

Golfing superstar Tiger Woods will design the new 18-hole championship golf course in Dubai to be built by luxury real estate developers, DAMAC Properties and operated by The Trump Organization.

December 8, 2014

Similarly, the profits dropped by 56 per cent in Q3 compared to the previous quarter when profits stood at SR143.7 million ($38.2 million), it stated.
15:01 GMT

The construction and building firms listed in Saudi Arabia saw their net profits plunge by 39 per cent to reach SR528 million ($140.6 million).

Ocean Heights Tower
09:42 GMT
(press release)

Almost one third of all high-rise (above 250 metres) residential towers in Dubai have been, or are being, developed by luxury real estate developer DAMAC Properties.

December 7, 2014

The cash bid, pitched at 350 pence per share, compared with the previous 295-pence-per-share or £2.2-billion offer that was rejected last month.
04:55 GMT

Qatar's improved "final offer" to buy London's landmark Canary Wharf office quarter has been rejected, its owner said Friday, seemingly putting an end to a deal.

December 3, 2014

Jordanians bought nearly 90 per cent of the apartments as non-Jordanians purchased only 3,270 residential units in the first 11 months of the year,
19:17 GMT

Jordan's real estate trading is continuing unabated due to a steady surge in property sales, official data showed Tuesday.

The poll, which included a sample of 1,200 families in the country’s 12 governorates, addressed Jordanians’ satisfaction of five main rights.
14:00 GMT

Two-thirds of Jordanians (68.3 per cent) are satisfied with the socio-economic rights they enjoy,

December 2, 2014

The regional projects tracker said for Qatar’s project market, the outlook from now to 2020 is extremely strong.
16:06 GMT

Driven by FIFA 2022 and Qatar National Vision 2030, the country’s “active projects market” has been estimated at $285bn.