Construction & Real Estate

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“There are a huge number of macro trends which have driven London, from the Arab Spring, through to exchange rates, through to Argentina defaulting and Ukrainian money coming in.”
October 19, 2014 - 04:55 GMT
“A lot of the Middle Eastern buyers are next generation. They went to university in the US and the UK....They don’t want to stay in dad’s house in Knightsbridge."

October 2, 2013

During the visit
12:46 GMT

Chairman of the Al Habtoor Group, Khalaf Ahmad Al Habtoor, welcomed Japan’s Consul-General in Dubai, H.E. Matsunaga Daisuke, at the Group’s Head Office on Sunday, September 29, 2013.

During the event
06:53 GMT
(press release)

Dubai Properties Group (DPG), a member of Dubai Holding, held the fifth session of its ‘Insights on Leadership’ forum in collaboration with DP World as part of its Corporate Academy Programme.

October 1, 2013

Dubai properties
09:09 GMT

According to the Asteco Dubai Q3 2013 report, although prices will increase further, it is unlikely that they will hit their 2008 peaks in the short to mid-term.

September 30, 2013

During the event
12:22 GMT

Khalaf Ahmad Al Habtoor, Chairman of the Al Habtoor Group and Sultan Al Habtoor, President of Al Habtoor Motors were among the first to get a glimpse of Al Habtoor Motors latest offering to the UAE’s auto sector.

TASWEEK CEO Masood Al Awar
07:33 GMT
(press release)

The UAE real estate sector’s strong Q3 performance this year could spell a sustained uptrend through 2014 and even beyond.

Paramount Hotels & Resorts-Branded Serviced Residences Tower in Riyadh, KSA
07:30 GMT
(press release)

DAMAC Properties has announced the launch of a Paramount Hotels & Resorts-branded serviced residences tower in the heart of Riyadh, in the Kingdom of Saudi Arabia.

September 29, 2013

Cement consumption in Saudi market has marked a robust growth in the last few years where it increased from 16 million tons in 2000 to more than 48 million tons in 2011 at a compound annual growth rate (CAGR) of 12 percent.
13:46 GMT

According to experts, the cement demand in the GCC will exceed $49 billion in the next two years where Saudi share alone will account for 61.22 percent of the overall Gulf demand and consumption.

September 26, 2013

The new website,
07:42 GMT
(press release)

Dubai Properties Group (DPG), a member of Dubai Holding, and the master developer of Business Bay, DUBAILAND and JBR has launched a variety of new and innovative customer focused online tools.

September 23, 2013

View of the latest progress at DAMAC Tower in Lebanon
09:24 GMT
(press release)

DAMAC Properties, the largest luxury private developer in the Middle East, has completed the third floor slab cast and work is well underway on the fourth for its iconic ‘DAMAC Tower’ in Solidiere, Beirut, Lebanon.

September 22, 2013

Emaar launches Palma in Arabian Ranches
09:33 GMT
(press release)

Arabian Ranches has unveiled Spanish-inspired villas under ‘Palma,’ as part of the ambitious expansion of one of the most-sought after lifestyle communities by Emaar Properties.

The centre will aim to “enhance legal procedures that facilitate the settlement of rental disputes”, reported official news agency WAM.
07:50 GMT

Dubai has been beefing up laws to better regulate its real estate sector as the market recovers from a crash in 2009.

September 19, 2013

The project features contemporary architecture designs of its residential buildings and 50 per cent of its total surface area is green open spaces
13:55 GMT

The UAE developers have announced Dh16.6 billion ($4.5 billion) investment plan to build a ‘City of the Future’ in the Iraqi capital Baghdad.

September 18, 2013

During the visit
05:43 GMT

Khalaf Ahmad Al Habtoor received a courtesy call from two senior HSBC executives.

September 17, 2013

Mr Hussain Sajwani receiving award
07:54 GMT
(press release)

Chairman of DAMAC Properties, Hussain Sajwani, was named Middle East Property CEO of the Year last night.

September 16, 2013

The arbitration proceeding has been commenced in the International Court of Arbitration of the International Chamber of Commerce, Paris, said a statement from Depa.
11:40 GMT

Lindner Depa Interiors (LDI) today announced that it has filed a Dh900 million ($250 million) international arbitration claim against the New Doha International Airport (NDIA).