Construction & Real Estate
January 5, 2014
Saudi Arabia's new Jeddah airport construction will be completed by year's end.
Nakheel's future plans include a revised Palm Deira figures on the radar.
January 2, 2014
Saudi Arabian airlines will privatise four of its major sectors in 2014.
January 1, 2014
Abu Dhabi's Department of Transport will build the first green road in the Middle East during 2014. The road, which will connect the capital to Dubai will be ready for use by early 2015.
December 31, 2013
DAMAC Properties, one the Middle East’s largest luxury real estate developers, is guaranteeing every customer a new car, on select units sold during the Dubai Shopping Festival (DSF).
December 30, 2013
To celebrate the festive season, Dubai Properties Group created a ‘Winter Wonderland’ at the iconic Walk at JBR and at their new destination, Bay Avenue in Business Bay.
December 25, 2013
In the days immediately after the win, asking prices at some of the emirate’s emergent freehold master-developments have seen an appreciable spike.
December 24, 2013
Dubai's new online portal for real estate attractions, eMart, already visited by 29,000 customers, has attracted hundreds of investors and real estate firms in its first month since its launch in November.
Qatar will award contracts amounting to $200 billion until 2030 for construction projects and related development in the tiny Gulf country.
The average cost of construction labor fell 6.5 per cent month-on-month in November 2013.
Nasser Rafi, Chief Executive Officer of Emaar Malls Group, handed over a cheque for AED 5 million, the proceeds from Vogue Fashion Dubai Experience, to Tariq Al Gurg, Chief Executive Officer of Dubai Cares.
December 23, 2013
Arabtec Holding, one of the Middle East’s largest construction companies, is heading into the real estate development with the launch of a new property subsidiary.
With more than $200 billion worth of major projects due to be awarded in the years to 2030, Qatar remains one of the three top markets for companies doing business in and with the Middle East region.
December 22, 2013
AKOYA by DAMAC, a 42 million sq ft luxury golf community under development in Dubai has been named as the best golf development in the world.
Office rentals are starting to firm across all key commercial locations in UAE, further reinforcing its position as having the costliest office realty in the Middle East, according to a new survey.