Construction & Real Estate

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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.

June 4, 2014

Bayut board on Bridge
06:04 GMT

Bayut.com, the UAE’s premier property portal, consistently strives to broaden its reach through strategic initiatives and innovative marketing efforts.

June 3, 2014

In the 12 months to end March, the city recorded increases of 27.7 per cent, with the second-half of 2013 seeing the sharpest gains
10:58 GMT

Dubai’s home prices were up only 3.4 per cent in the first quarter, but enough to continue to top the global rankings with the highest growth in residential property values for a fourth straight quarter.

AKOYA by DAMAC Villa
10:11 GMT
(press release)

Dubai’s luxury real estate developer DAMAC Properties has launched a ‘Summer is Dubai’ promotion for 2014 – offering investors outstanding prices when purchasing multiple units throughout the emirate.

June 1, 2014

The outlook for finance and insurance firms was stronger than for real estate and business services firms on volumes, new orders and profits
12:27 GMT

Qatar construction industry's business optimism in the second quarter of 2014 is at its highest for three years, according to a survey by a private index.

Emaar launches BLVD Crescent II
11:07 GMT
(press release)

Global property developer Emaar Properties PJSC marked the launch of the second phase of Downtown Dubai’s newest architectural icon, BLVD Crescent.

May 29, 2014

A study released on Wednesday by global real estate consultancy CBRE put the emirate ahead of 187 other global cities based on the number of international retailing brands operating in the market.
13:13 GMT

Dubai has retained its number two spot worldwide as a retail destination, just behind London and well ahead of New York, Moscow and Shanghai.

May 27, 2014

Mohammed Sultan Al Qadi, CEO, RAK Properties
10:42 GMT
(press release)

RAK Properties PJSC, Ras Al Khaimah's (RAK) biggest property developer listed on the Abu Dhabi Stock Exchange, is set to host the Julphar Avenue Food Festival, the emirate’s first ever food festival.

May 26, 2014

Emaar Properties
07:20 GMT
(press release)

Emaar Properties PJSC (Emaar) today announced its intention for a primary listing of Emaar Malls Group on the Dubai Financial Market (DFM).

May 25, 2014

“I always wanted to get back and we never forgot Dubai,” Trump said at the project site. “Dubai has become very conservative. This is a much different and smarter time.”
21:39 GMT

Donald Trump, the New York real-estate mogul, is back in Dubai with plans for a golf course and 104 mansions three years after a plan to build a hotel tower bearing his name was scrapped in the emirate.

May 21, 2014

 One of the biggest project approvals was for Aldar Properties’ Al Raha Beach East Master Plan.
21:33 GMT

The Abu Dhabi Urban Planning Council gave its approval to 13 development projects covering over four million square metres in the first quarter of the year.

Masood Al Awar, CEO, TASWEEK Real Estate Development and Marketing
11:52 GMT
(press release)

TASWEEK has announced that the upcoming Smart Living City Dubai exhibition will serve as an ideal platform for showcasing major initiatives that are turning Dubai into one of the smartest cities in the world.

May 19, 2014

The bureau’s establishment has been eagerly awaited by risk-averse lenders, who have attached high expectations to its potential to curb bad credit.
17:17 GMT

A senior Abu Dhabi-based banker said if the bureau had existed pre-2008, much of the crash’s pain may have been avoided

Jordan
09:52 GMT
(press release)

Apartment rental rates remained relatively unchanged compared with Q4 2013, as demand levels were steady and no significant new supply was added to the real estate inventory in Amman.

May 18, 2014

Tripartite talks were held between Egypt, Sudan, and Ethiopia in November, December and January but no agreement was reached
00:40 GMT

Tensions between Egypt and Ethiopia have persisted amid failed tripartite talks with Sudan regarding the GERD.

“We want to provide more protection to expat community and workers in this country, to provide more protection and safeguard their rights,” said Salih Saeed Al-Sahwi from the Ministry of Labour and Social Affairs, as quoted by Doha News.
11:48 GMT

Reacting to international backlash about the treatment of expatriate workers and labor laws of the country, the government of Qatar has announced several changes to its labor system.