Construction & Real Estate
December 9, 2013
London Bridge Holdings had originally planned to refinance More London by next summer but decided to sell the asset due to the attractive offer made by St Martins, which already owns property in London.
Emaar Properties, the global developer of iconic projects, is unveiling a stylish and cosmopolitan lifestyle choice in urban living with the launch of Vida Residence, The Hills in the heart of Dubai.
December 8, 2013
“I am sure at the end of the day that football will be the winner. At the end of the day we will show the world that we can create good working conditions,” he said to reporters.
Leading regional real estate services firm, Asteco, has been appointed the sole agent for the new API Trio Office Tower on Sheikh Zayed Road, Dubai.
Abu Dhabi General Services “Musanada” has signed two contracts for the implementation of the Abu Dhabi-Dubai Road Project.
December 4, 2013
Damac Real Estate Development on Tuesday raised $348 million from its London share offer by pricing its global depository receipts, or GDRs, at $12.25 each.
December 2, 2013
DAMAC Properties has provided a donation of AED 1 Million to support the building of a new, high-tech care facility for the Dubai Autism Centre.
December 1, 2013
Dubai Properties Group (DPG), hosted National Day celebrations in its residential communities to mark the 42nd anniversary of the United Arab Emirates.
The Abu Dhabi Fund for Development (ADFD) announced Sunday that it will give the the Islamic Republic of Mauritania a loan worth $29.9 million for infrastructural development in the African country.
RAK Properties PJSC, Ras Al Khaimah's biggest property developer listed on Abu Dhabi Stock Exchange, has planned two-day celebrations on 1st and 2nd December to mark the 42nd UAE National Day.
November 27, 2013
His Highness Shaikh Mohammad Bin Rashid Al Maktoum launched a $1.4 billion housing initiative Tuesday to benefit 10,000 citizens.
November 26, 2013
Saudi Arabia announced Tuesday that it will build a massive, 43 million square port on its west coast to "lure investment" and "ease pressure on Jeddah."
November 25, 2013
The government’s correction campaign has pushed land prices down by 30 percent and closed more than 80 percent of unlicensed real estate offices, local media said quoting property experts.
November 24, 2013
Saudi Arabia announced Sunday that it will spend $187 billion over the next 20 years in infrastructure projects.
Abu Dhabi has decided to scrap a five per cent cap on annual rent increases, the emirate’s top decision making body said, opening up a property sector where many are paying below current market rents.