Construction & Real Estate

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 in order to accommodate these new travellers, the emirate also requires significant annual increases to its hotel room inventory.
December 1, 2014 - 15:49 GMT
Developers’ rush to build hotels and hotel apartments is being led by the need to diversify their income from pure property sales

February 6, 2014

Saudi Arabia hopes it $9.5 billion investment in building the new mining industrial city will increase economic growth to the Kingdom (Courtesy of Arabian Industry)
12:00 GMT

Saudi Arabia just signed $9.5 billion worth of contracts to establish a new industrial city in KSA focusing on mining.

Emaar Properties
05:55 GMT
(press release)

The long-term corporate credit rating on Emaar Properties, the global developer of ionic projects, has been upgraded by Standard & Poor’s Rating Services to ‘BBB-’ from ‘BB+’ with a stable outlook.

The Gulf Arab state is spending billions of dollars in areas such as transport, electricity and water generation and housing,
03:55 GMT

Qatar plans to spend as much as $205 billion on infrastructure between 2013 and 2018,

February 5, 2014

During the event
10:24 GMT

TASWEEK Real Estate Development and Marketing has forged a partnership with Investvine.com, the fast-growing news channel of Hong Kong-based business intelligence company Inside Investor.

February 3, 2014

The Palm Jumeirah continued to be the most expensive area to rent a villa, the report found
16:47 GMT

The report attributed the spike in rents to continued unrest in the wider Arab region, Dubai’s successful Expo bid and an expanding economy.

February 2, 2014

Emaar Yasmin villa
11:01 GMT
(press release)

Emaar Properties is marking the launch of its first Arabesque-style villa community in Arabian Ranches, one of the most sought-after and established lifestyle neighbourhoods in Dubai.

Completion of the first major construction phase at DAMAC Towers by Paramount
10:20 GMT
(press release)

DAMAC Properties has announced the completion of the first major construction phase at DAMAC Towers by Paramount.

January 30, 2014

Khalid Al Malik GCEO of Dubai Properties Group
06:59 GMT
(press release)

Dubai Properties Group announced its partnership with Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce Marketing.

January 29, 2014

The Dubai Expo 2020 event will require AED39.23  billion ($10 billion) of investment to develop all of the required facilities and host the event
15:43 GMT

"Significant amount" of the funding will come from the government, but there was also an opportunity for the private sector to invest during the build up to Expo 2020 and during the event itself.

January 27, 2014

Mr. Arif Mubarak, Chief Operations Officer of Dubai Properties Group
11:04 GMT
(press release)

Dubai Properties Group has announced its continued support of UAE-national employees through a University Sponsorship Program and ongoing training initiatives as part of its continued efforts to develop local talent.

January 26, 2014

Dubai Marina neighbourhood has seen a rise in deal activity from the third quarter last year, according to Clutton’s winter property update.
18:48 GMT

Dubai’s new tramway will boost buyer demand in residential areas such as Dubai Marina owing to its proximity to the network,

Rasha villas
11:30 GMT
(press release)

Emaar Properties has unveiled ‘Rasha,’ a new Spanish-style villa community, drawing on the popularity for villas and following strong customer response to its new launches in Arabian Ranches.

Sales contracts came the second with its amount reaching OMR647.9 million by the end November 2013
09:28 GMT

The traded value of property grew by 21.5 per cent to OMR1,945.7 million for the first eleven months ending November 2013.

January 22, 2014

The UAE’s largest builder surged 3.57 per cent and close the day at Dh3.48 after touching Dh3.49, the highest intraday level since October 2008
21:36 GMT

The mega project, which will generate around 4,000 jobs for Jordanians, boosts the construction firm’s project backlog to a record Dh40 billion.

During the event
08:11 GMT
(press release)

Downtown Dubai, the cultural hub of the city, has marked a sterling addition to its repertoire of art with Rhims Gazelle Herd Edition 1.