Construction & Real Estate
July 4, 2013
Al Habtoor Group Chairman received Hassan Nawaz Sharif in his office on Al Wasl Road.
July 3, 2013
Leading regional real estate services firm, Asteco Property Management, has been appointed the sole leasing agent for new luxury residential project, ‘48 Burjgate’.
July 2, 2013
DAMAC Properties has launched the first ever serviced villas in Dubai.
June 30, 2013
The real gross domestic product (GDP) of Dubai during the fourth quarter of 2012 increased by 5.3 per cent relative to the fourth quarter of 2011.
June 27, 2013
Dubai Properties Group (DPG), a member of Dubai Holding, held the fourth session of its ‘Insights on Leadership’ forum in collaboration with Du as part of its Corporate Academy Programme.
UAE shares failed to hold on despite a strong rebound on Tuesday. The world stocks and bonds gained for the second day on Wednesday, lifted by healthy US data.
June 26, 2013
China State Construction Engineering Corporation Middle East (CSCECME) on Tuesday announced that it will invest in Skai Holdings’ Dh3.67 billion ($1 billion) Viceroy Dubai Palm Jumeirah project.
Dubai's state-owned property firm Nakheel, is in talks with banks to refinance loans worth 8 billion dirhams ($2.2 billion) that are due in 2015, the chairman of the company said on Wednesday.
June 25, 2013
Construction and transport sector contracts worth over $39 billion have been awarded for projects in the GCC in the first half of 2013, Qatar Rail is the top ranked awarding client and ABV Rock is the top ranked contractor by value of contracts awarded.
June 24, 2013
Two units of Saudi Arabia's Fawaz Alhokair Group have signed sharia-compliant financing facilities worth 4.6 billion riyals ($1.2 billion) to fund real estate developments, a statement said on Sunday.
June 23, 2013
Dubai Properties Group, a member of Dubai Holding, has today announced that two buildings in its Bay Square development located in Business Bay are complete and a further four are at the final stages of completion.
June 17, 2013
The Saudi stock market turned green yesterday, recovering half percent from the biggest dip of previous day.
Palm Hills, Egypt's second-biggest listed property developer, plans to increase its capital by 600 million Egyptian pounds ($85.8 million) through a rights issue.
June 16, 2013
United Development Co (UDC) , the developer of a man-made island in Doha, said on Thursday that is raising a 1.56 billion riyals ($428.4 million) loan facility from Qatar National Bank.
June 13, 2013
Abu Dhabi property firms Aldar Properties PJSC and Sorouh Real Estate said the two companies expect to close their state-backed merger by June 30, pending a ministerial resolution approving the deal.