Construction & Real Estate

Featured Story:

other topics to be discussed by the Kingdom’s real estate leadership at the Summit include project funding, off-plan sales, ways to support the mortgage law, and the Kingdom’s construction labor shortage.
The Kingdom’s Western Region is experiencing an unprecedented real estate boom, with billions of riyals earmarked for mega projects.

May 9, 2013

Saraya Bandar Jissah
07:41 GMT

Saraya Bandar Jissah will have a major positive impact on the economy of the sultanate, said chief executive Sheikh Hamood Sultan al Hosni on Tuesday, as he hailed the progress in ongoing construction work.

May 8, 2013

Construction workers in Saudi Arabia
11:38 GMT

Water provision and road development projects worth SR 1 billion are progressing well in the governorates of Al-Kamil and Khulais, according to Makkah Gov. Prince Khaled Al-Faisal.

Technical and financial offers for the bus network project this month had been received from six coalitions already qualified to compete for the implementation of the project
07:07 GMT

The High Commission for Riyadh Development (HCRD) has offered investment opportunities in various real estate projects being implemented here.

Eng. Ahmad Al Kulli, General Manager of Emaar Middle East, and Mr. Ahmed Al Jabr, CEO of Azmeel Contracting & Construction Corporation, sign the construction contract for Abraj Al Hilal 2 in Jeddah Gate
06:26 GMT
(press release)

Emaar Middle East has awarded the construction contract for its newest project, the Abraj Al Hilal 2 residential complex in Jeddah Gate, to Azmeel Contracting & Construction Corporation.

May 7, 2013

Masood Al Awar, the CEO of TASWEEK
08:29 GMT
(press release)

TASWEEK Real Estate Development and Marketing is highlighting the UAE’s strong investment capacity and potentials at the 3rd Gulf-Moroccan Investment Forum.

May 6, 2013

Championship Trump International Golf Course
07:42 GMT
(press release)

DAMAC Properties, the largest private developer of luxury real estate in the Middle East, has announced plans to develop an 18-hole PGA Championship Golf Course, to be named Trump International Golf Club, Dubai.

May 2, 2013

Al Habtoor Group
12:34 GMT

Khalaf Ahmad Al Habtoor welcomed former Jordanian Prime Minister Dr Abdel-Salam Al-Majali at the Group head office on Al Wasl Road. Al-Majali.

The Walk at JBR
08:37 GMT
(press release)

Dubai Properties Group, a member of Dubai Holding, has announced today that it is making significant enhancements to its flagship destination, The Walk at JBR.

May 1, 2013

Egypt's President, Mohammed Morsi, has halted all privatisation plans
11:47 GMT

Egyptian President Mohamed Morsi said on Tuesday in light of Labour Day celebrations that the government will halt its privatisation policy and will not sell any more public companies.

Khalaf Ahmad Al Habtoor with Peter Szijjártó, Hungary’s Minister of State for Foreign and External Economic Affairs
05:57 GMT

Al Habtoor Group Chairman Khalaf Ahmad Al Habtoor welcomed Peter Szijjártó, Hungary’s Minister of State for Foreign and External Economic Affairs.

April 30, 2013

During the event
10:48 GMT
(press release)

DAMAC Properties, the largest private developer of luxury real estate in the Middle East, announces the launch of ‘Akoya by DAMAC’, a 28 million square feet master development off Umm Sequim Road in Dubai.

April 29, 2013

Qatar Skyline
09:50 GMT
(press release)

Overall property sales activity in Doha for Q1 2013 is holding its own, with a 2% increase in the total value of transactions recorded in the first three months of the year.

April 28, 2013

DPG Group CEO, Khalid Al Malik and Sultan Buttin Bin Mejrin, Director General of Dubai Land Department
10:37 GMT
(press release)

Dubai Properties Group recently signed a Memorandum of Understanding (MoU) with Dubai Real Estate Institute (DREI), the professional training arm of the Dubai Land Department.

April 25, 2013

Emaar's Garden Competition 2013 Winners
08:30 GMT
(press release)

Sustainability and efforts to promote environmental conservation have proven to be the big winners at Emaar’s annual Garden Competition, organised by Emaar Community Management.

April 24, 2013

DPG Holds Insight on Leadership
08:58 GMT
(press release)

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