Construction & Real Estate
September 16, 2013
Damac Properties announced that it has awarded the main construction contract for its Riyadh project, Damac Esclusiva Luxury Serviced Apartments to construction company Haramain Gate.
The approximately 2.5 million sq m mixed-use community will take shape about 14.5 km from the Baghdad city centre.
DAMAC Properties has announced it has awarded main construction contract in its Riyadh project DAMAC Esclusiva Luxury Serviced Apartments worth of SAR 353 Million to Haramain Gate for Construction.
September 15, 2013
The new wave, QNB said, is mainly driven by expatriates filling in jobs created by the large ramp-up in infrastructure investment to prepare for the 2022 World Cup
September 11, 2013
Dubai Properties Group (DPG), a member of Dubai Holding, recently held its first staff briefing session about Dubai Expo 2020 in collaboration with Dubai Expo 2020 team.
September 10, 2013
Along with Dubai being seen as a safe location for investment by Arab Spring investors it was also becoming the ideal location for Saudi, Kuwaiti, and Qatari investors looking to buy a second home
September 9, 2013
Qatar and UAE remain in the top 20 most expensive locations to build, and with inflation running at around five per cent per annum, KSA has continued to move up the cost curve.
RITAJ has announced a new campaign where it is offering prospective investors an unbelievable Return on Investment [ROI] of 8.5 per cent in the short-term.
September 8, 2013
The increase in the average transaction size was partially caused by some y/y increase in the average size of homes purchased in July, but was mostly due to an increase in the average price per meter-square of both homes and plots.
DAMAC Properties has awarded a 1 billion AED contract to TAV Tepe Akfen Investment construction & operations – Dubai Branch.
September 4, 2013
DAMAC Properties Chairman, Hussain Sajwani, has handed over a cheque for AED two million to a campaign to clothe a million deprived children around the world.
September 3, 2013
“The Louvre Museum Abu Dhabi is the most anticipated and prestigious cultural development project in the region. It will be a showcase of artistic mastery and world-class engineering," said CEO of Drake.
September 2, 2013
Recent studies showed the previous assumptions were not valid and indicated a slight increase in the real seismicity values of the Gulf area
August 28, 2013
GE and XD Electric Group have underscored the formation of a new partnership that combines GE’s grid automation capabilities with XD Electric’s comprehensive portfolio of primary high-voltage (HV) equipment.
August 26, 2013
Named Makkah Gate, the residential and administrative city will be developed under a public-private partnership on the Makkah-Jeddah Highway with 45 districts.