Construction & Real Estate

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A unit of the new high-speed train is loaded onto a freighter in Barcelona on December 12, 2014, bound for Jeddah City in Saudi Arabia
December 28, 2014 - 08:20 GMT
Saudi Arabia has given a "final warning" to avoid delays on an $8.2 billion high-speed rail project which Spanish and Saudi firms are helping to build.

October 29, 2013

While there are signs of stabilisation in certain sectors, the market continues to be challenged by political unrest which is impacting economic recovery critical for growth in the Cairo real estate market,
12:30 GMT

Despite the current political situation, the Egyptian real estate market continues to attract interest from leading developers and investors from the UAE who are committed to projects in Cairo, said a report.

Sky Collection of The Address Residence Fountain Views III
09:26 GMT
(press release)

Discerning customers will now have the opportunity to own luxury homes within the ‘Sky Collection’ of The Address Residence Fountain Views III, Emaar Properties’ newest masterpiece in Downtown Dubai.

October 28, 2013

“As a country that has witnessed destruction, there is nothing better for me than to talk about building homes for our people,” said AlAbaar, making reference to the similarities between Dubai and Kurdistan. (Pictured: Erbil, Kurdistan).
09:56 GMT

Downtown Erbil, estimated to cost more than $3 billion, promises to be a fully-integrated, mixed-use facility, offering a hub for both business and entertainment.

October 27, 2013

FENDI Villas at AKOYA by DAMAC
10:33 GMT
(press release)

DAMAC Properties has cemented its place as one of the leading luxury developers in the region by scooping six top industry awards at the Arabian Property Awards.

Ithmaar Bank has provided nearly $450 million for the project that brings together public and private entities to deliver social and affordable housing solutions.
08:14 GMT

It is the largest housing project ever to be developed in Bahrain in partnership with the private sector.

Light Up Your Eid - Bay Avenue
07:41 GMT
(press release)

Dubai Properties Group, DUBAILAND, JBR and Culture Village, has expressed its delight at the success of its Light up your Eid event which took place last week.

October 24, 2013

Downtown Dubai by Emaar Properties
11:47 GMT
(press release)

Emaar Properties recorded a net profit of AED 1.812 billion (US$ 493 million) during the first nine months (January to September) of 2013.

October 23, 2013

“The expatriate influx has also driven further demand for serviced apartments, where occupancy levels have increased from long-stay guests,” added Wolfe.
13:28 GMT

Average residential rental in Doha has risen 16 per cent year-on-year due to increased demand from expatriate inflow and a lack of supply in the market, said a report.

Ziad El Chaar, Managing Director, DAMAC Properties
09:11 GMT
(press release)

DAMAC Properties Managing Director, Mr. Ziad El Chaar has called on UAE banks to provide a non-resident mortgage and support the resurgence in the real estate market.

October 18, 2013

Hosting Expo 2020 would inject “billions” into the Dubai economy, Andrew Scott, Professor of Economics at the London Business School.
11:23 GMT

A successful Dubai Expo 2020 bid would be a ‘major game changer’ for the regions burgeoning real estate sector, according to Danube Founder & Chairman Rizwan Sajan.

October 13, 2013

Mohamed Sultan Al Qadi, Managing Director and CEO of RAK Properties
05:53 GMT
(press release)

RAK Properties announced that its new flagship project, Flamingo Villas generated high demand during the concluding Cityscape Global 2013.

October 9, 2013

The Walk at JBR
11:17 GMT
(press release)

Dubai Properties Group announced significant new projects and upgrades planned for The Walk at JBR.

Masood Al Awar, CEO of Tasweek, at Tasweek stand in Cityscape Global 2013
08:16 GMT
(press release)

TASWEEK Real Estate has signed a Memorandum of Understanding (MoU) with Go Green Egypt Co. for Property Management at Cityscape Global.

Mohamed Sultan Al Qadi, Managing Director and CEO of RAK Properties
06:57 GMT
(press release)

RAK Properties, Ras Al Khaimah's biggest property developer listed on Abu Dhabi Stock Exchange, has announced the expansion of Mina Al Arab by unveiling two new flagship projects at Cityscape Global 2013.

October 8, 2013

DAMAC Properties Golf Veduta
10:03 GMT
(press release)

DAMAC Properties, the region’s largest luxury private developer, is again setting the agenda at this year’s Cityscape Global 2013 with the launch of its largest product range to date.