Construction & Real Estate

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More than $40 billion worth of new contracts were awarded in the GCC during the first quarter of 2014 alone (File Archive)
2014 is promising to be a record-breaking year for the GCC's construction industry.

July 10, 2013

Mina Al Arab
06:15 GMT
(press release)

RAK Properties has launched its first-ever ‘Mina Al Arab’ Ramadan tent in association with Global, the company specialized in hotel management.

July 9, 2013

13:27 GMT
(press release)

Emaar Middle East has commenced the handover of Saudi Arabia’s first five-star serviced apartments in Emaar Residences at Makkah Clock Tower.

Photo taken from Cloisall promotional website
10:58 GMT

Cloisall, a leading UAE-based interiors contractor operating in the mid-to high-end luxury space, has secured new fit-out projects worth Dh150 million ($41 million) across the emirates.

A man and woman look out at the Doha Skyline (Albawaba/J. Zach Hollo)
09:37 GMT

Qatar National Vision 2013 and programs such as Q2022 are focusing on leaving a legacy for the upcoming World Cup

Al Habtoor
09:32 GMT

Khalaf Ahmad Al Habtoor has donated 10 million Egyptian Pounds to the newly-created ‘Support Egypt’ fund.

July 8, 2013

The Signature
08:58 GMT
(press release)

Dubai’s drive to see 20 million tourists visiting the Emirate by 2020 will see the current hotel capacity reached within just three years, said senior executives from DAMAC Properties.

Azadi Monument, Tehran (Source: Wikimedia Commons)
07:51 GMT

The value of Iranian water projects in foreign countries has risen by 282 percent since the start of President Mahmoud Ahmadinejad’s administration in 2005

Dubai skyline (Source: Wikimedia Commons)
06:54 GMT

As many countries across the region face turmoil, Dubai welcomes a slew of luxury home buyers

06:20 GMT
(press release)

Residential and commercial developments in Dubai, have recorded another robust performance in Q2, the fourth consecutive quarter of leasing and sales growth particularly in the residential sector.

July 7, 2013

The Saudi stock exchange (Source: AFP file photo)
08:07 GMT

The market capitalization of eight real estate companies listed on Saudi stock market (Tadawul) is estimated at SR 74 billion ($19.73 billion)

July 4, 2013

Khalaf Ahmad Al Habtoor
13:26 GMT

Al Habtoor Group Chairman received Hassan Nawaz Sharif in his office on Al Wasl Road.

July 3, 2013

The 48 on Burjgate has an ideal location minutes from the Dubai Mall Metro Station
10:24 GMT
(press release)

Leading regional real estate services firm, Asteco Property Management, has been appointed the sole leasing agent for new luxury residential project, ‘48 Burjgate’.

July 2, 2013

DAMAC Villas
09:26 GMT
(press release)

DAMAC Properties has launched the first ever serviced villas in Dubai.

June 30, 2013

The Burj Khalifa tower in Dubai
12:38 GMT

The real gross domestic product (GDP) of Dubai during the fourth quarter of 2012 increased by 5.3 per cent relative to the fourth quarter of 2011.

June 27, 2013

DPG Insights on Leadership Forum
08:19 GMT
(press release)

Dubai Properties Group (DPG), a member of Dubai Holding, held the fourth session of its ‘Insights on Leadership’ forum in collaboration with Du as part of its Corporate Academy Programme.