Construction & Real Estate

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MAF Properties aims to double its business to $12 billion by 2018 (Image: Gulf Business)
Majid Al Futtaim Properties' success is continuing to grow with 17 operational malls across the MENA region. CEO George Kostas talks about how he runs the company so successfully.

July 25, 2013

Transactional activity improved in Abu Dhabi over the last few months, with purchasers encouraged by a wider choice of available properties
10:55 GMT

Abu Dhabi will see existing residential supply augmented by the handover of 3,500 units and a rush of standalone tower projects during the second half of the year, offering mid-level investors a wide choice of properties.

July 24, 2013

Abu Dhabi
11:06 GMT
(press release)

Abu Dhabi is primed to offer mid-level investors an increasingly wide choice of properties for buyers looking to enter the local real estate market.

Mohamed Sultan Al Qadi, MD & CEO of RAK Properties
05:46 GMT
(press release)

The Board of Directors of RAK Properties will meet on Sunday (28 July 2013) to announce the financial results of the first half of 2013.

July 23, 2013

The government has built over 100,000 housing units over the past 50 years but with rapid population growth and constraints on the amount of available serviced land
13:55 GMT

Bahrain’s residential market witnessed an increased level of activity with a number of new developments being announced in the second quarter of the year, said a report.

Mudon Townhouse
11:36 GMT
(press release)

Dubai Properties Group Dubailand and JBR has announced the latest progress at its Mudon townhouse development.

July 22, 2013

Average construction labour costs grew by 15 per cent in June compared with May 2013, reflecting rises in wages for most trades
06:28 GMT

Statistics Centre – Abu Dhabi, or Scad, on Saturday issued its monthly report on the prices of building materials for the month of June and the second quarter of 2013.

July 21, 2013

The drop ranged between 0.1 per cent for paints and 14.8 per cent for wires for residential towers
07:01 GMT

The emirate of Abu Dhabi reported a drop in prices for 15 groups of building materials in June compared with the same period last year, latest data from the Statistics Centre Abu Dhabi (SCAD) showed.

July 18, 2013

Emaar hosts children from Beit Al Kheir
10:39 GMT
(press release)

Emaar Properties hosted children from Beit Al Kheir Society across its leisure attractions.

July 17, 2013

Doha, Qatar
11:15 GMT
(press release)

Residential sales transactions in Q2 2013 reached a three-year high according to the latest Asteco Qatar report.

July 15, 2013

The 50-day average for trading volume is closer to 234.7 million shares
15:55 GMT

The Tadawul All-Share Index reflecting typical trough-peak combination continued inching its way higher to end yesterday’s trading in the green at 7,744.16 points, up 53.78 points or 0.70 percent from the previous level.

11:28 GMT
(press release)

wasl properties will help members of the community break their fast this Ramadan with Iftar tents set up in Samari Residence in Ras Al Khor and in the Muhaisnah area.

Golf Condominiums in Dubai
11:01 GMT
(press release)

DAMAC Properties has completed 8,890 units to date spanning 9,070,264 sq. ft. it also has a further 19,136units at various stages of progress across the Middle East region.

July 10, 2013

09:41 GMT
(press release)

Rental rates in Jordan experienced no significant changes during Q2 2013, according to the latest quarterly real estate report for the Kingdom, released by Asteco.

TASWEEK CEO Masood Al Awar
07:32 GMT
(press release)

The UAE’s real estate landscape, particularly those of Abu Dhabi and Dubai, continues to live up to the positive expectations expressed by industry players and observers at the start of the year.

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.