Construction & Real Estate

Featured Story:

Large billboards reading “Qatar deserves the best” cover many construction sites, a few miles from where some World Cup stadiums are taking shape.
November 20, 2014 - 04:55 GMT
29,400 people, or 1.4 per cent of Qatar’s population, are estimated to be working as slaves, in forced labour or domestic servitude, a report said on Monday.

November 20, 2014

Mohammad Sultan Al Qadi, Managing Director and CEO, RAK Properties
11:42 GMT
(press release)

RAK Properties has announced that Al Tameer Group has been awarded a contract for the construction of its residential project Bermuda Villas in Ras Al Khaimah.

Pi chaise longue - 1983 by Martin Szekely
10:17 GMT
(press release)

‘The Gallery’ at Emaar Pavilion is hosting its third unique exhibition titled ‘History of Design’, open until January 3, 2015.

November 19, 2014

Masood al Awar, CEO, TASWEEK Real Estate Marketing and Development
12:17 GMT
(press release)

TASWEEK Real Estate Marketing and Development has signed a Memorandum of Understanding with American Hospital Management Company to jointly pursue business opportunities in the MENA region.

November 18, 2014

AKOYA Oxygen
07:54 GMT
(press release)

Leading luxury real estate developer, DAMAC Properties will release more villas at its AKOYA Oxygen master development during the International Real Estate & Investment Show (IREIS) in Abu Dhabi later this week.

November 17, 2014

The project includes a new port, a new base for the Qatar Emiri Naval Forces and the Qatar Economic Zone 3.
22:19 GMT

One of the largest infrastructure projects,the New Port project will be built on a sprawling 26 km area at an estimated cost of $7.41 billion.

November 16, 2014

RAK Properties clean-up initiative
10:54 GMT
(press release)

RAK Properties successfully organized a beach clean-up campaign yesterday November 15, 2014 along the shorelines of the Mina Al Arab area.

Drake & Skull made profits of $4.38 million in Q3, according to a Reuters poll. (AFP/File)
08:45 GMT

Leading construction and integrated design firm Drake & Skull profits dropped by 10 percent in the third quarter of 2014.

November 12, 2014

GEMS School Opens at The Villa Community
09:39 GMT
(press release)

Real estate developer, Dubai Properties (DP), has tied up once again with GEMS Education for the recent opening of the new GEMS FirstPoint School in its residential community The Villa, in DUBAILAND.

Kuwait's real estate growth was supported by a strong performance in the investment sector. (AFP/File)
09:07 GMT

Real estate growth in Kuwait grew by 16 percent year-on-year to $1.27 billion in September after a slow summer, according to a report.

November 11, 2014

The building has featured in a number of films including boy wizard adventure “Harry Potter and the Half-Blood Prince.”The new purchase price was not disclosed Monday, though the Financial Times reported it had been sold for 726 million pounds, citing sources.
18:21 GMT

The new purchase price was not disclosed Monday, though the Financial Times reported it had been sold for 726 million pounds, citing sources.

November 10, 2014

Dubai Creek Harbour
10:13 GMT
(press release)

Following the overwhelming investor response to the launch of the first residential tower in Dubai Creek Harbour at The Lagoons, a joint venture development by Emaar Properties and Dubai Holding, two additional luxury towers with over 240 residences are being launched at a sales event.

DAMAC Towers by Paramount Looks out Across the Burj Area in Dubai
06:53 GMT
(press release)

The iconic US$1 billion DAMAC Towers by Paramount resort in the Burj Area of Dubai has already passed the 16th floor of construction on each of its four towers, according to developer, DAMAC Properties.

November 4, 2014

Non-Jordanian investors registered 4,263 buying transactions, 2,899 for apartments and 1,364 for lands.
13:57 GMT

Apartment transactions value reached JD256.4 million constituting 64 per cent of the total transactions.

Masood Al Awar, CEO, TASWEEK Real Estate Marketing and Development
09:05 GMT
(press release)

TASWEEK has announced that the 160-bed private hospital forming part of the Marrakesh Healthcare City development in Morocco’s third largest city will be completed by Q4 of this year and commence operations by the first half of 2015.

DPG Celebrates UAE Flag Day at Business Bay Offices
08:53 GMT
(press release)

Dubai Properties Group (DPG), master developer of world class destinations in Dubai including Business Bay, DUBAILAND, JBR and Culture Village, celebrated the UAE’s Flag Day at its Business Bay Office yesterday.