Construction & Real Estate
November 26, 2013
Saudi Arabia announced Tuesday that it will build a massive, 43 million square port on its west coast to "lure investment" and "ease pressure on Jeddah."
November 25, 2013
The government’s correction campaign has pushed land prices down by 30 percent and closed more than 80 percent of unlicensed real estate offices, local media said quoting property experts.
November 24, 2013
Saudi Arabia announced Sunday that it will spend $187 billion over the next 20 years in infrastructure projects.
Abu Dhabi has decided to scrap a five per cent cap on annual rent increases, the emirate’s top decision making body said, opening up a property sector where many are paying below current market rents.
November 20, 2013
In less than a decade, Qatar Foundation for Education, Science and Community Development has emerged as a regional leader in the green building movement. With extraordinary plans to become one of the world’s most sustainable communities, its futuristiccampusisa remarkable feat of eco-friendly design and excellence.
Dubai's real estate market has rebounded after the 2009 global financial crisis.
Spurred on by events such as the FIFA World Cup, the Middle East will see over 1 trillion dollars in construction over the next twenty years.
November 19, 2013
In contrast, sponsors have the power to prevent their workers from moving jobs, can block workers from leaving the country without needing to provide any justification and have the right to terminate a worker’s employment and have his or her residency permit cancelled by the authorities.
November 18, 2013
Whilst Abu Dhabi’s property prices have increased over the course of this year, Dubai’s residential prices have risen more significantly, widening the gap in property values between the two emirates.”
TASWEEK Real Estate announced that it is looking at potential deals with investors worth a whopping AED 1 billion for four iconic real-estate opportunities across Dubai and Abu Dhabi.
November 17, 2013
If you guessed anything around $1 trillion, then you were probably right.
November 12, 2013
Sotheby’s International Realty Affiliates LLC announced Monday that it signed a 25-year agreement to develop Sotheby's brand throughout Saudi Arabia, Bahrain, and Kuwait opening its first office in Riyadh later this month.
November 11, 2013
“International investors want liquidity. They want the best places to invest and be secure,” said Sarah May-Brown, associate director of International Residential.
November 10, 2013
Emaar Properties has launched spacious and elegantly designed ‘Rosa’ villas, the newest addition to the well-established and much sought-after lifestyle community, Arabian Ranches.
November 7, 2013
Under the patronage of H.E. Eng. Abdullah Bin Abdulrahman Al-Mogbel, the Mayor of Riyadh, Riyadh Exhibitions Company organized the 25th Anniversary Dinner for Saudi Build 2013, the 25th International Construction Technology and Building Materials Exhibition, at the Ritz Carlton Hotel in Riyadh.