Construction & Real Estate
August 31, 2014
Real estate prices in Qatar continue to rise with average prices of both commercial and residential properties increasing by 20 percent since September 2008, according to data from the Real Estate Price Index.
Emaar Properties today announced its intention to proceed with the sale of existing shares in Emaar Malls Group via an initial public offering on the Dubai Financial Market.
Relations between Cairo and Addis Ababa soured last year over Ethiopia’s construction of the $6.4-billion hydroelectric dam on the Blue Nile.
Any effort to rebuild Gaza will be hindered by a blockade imposed by Egypt and Israel since the Islamic militant group Hamas seized power in 2007
August 28, 2014
Planning for Dubai Expo 2020 has entered the next phase, organizers said in a statement Wednesday.
August 27, 2014
Dubai residential rents have dropped slightly in the first half of 2014 by 2.0 percent according to a recent report from the Phidar's House Price Index.
The construction sector grew 2% while the cost of key materials including cement, ready mixed concrete, and reinforcement steel grew over 6% in the last quarter,
One of Dubai’s leading luxury developers, DAMAC Properties, has brought forward the second release of units at its latest master development, AKOYA Oxygen, following ‘unprecedented’ customer demand.
Tecom Investments launched a new 440-villa project close to its DuBiotech business park in Dubai, due for completion in Q4, 2015, according to the National.
August 26, 2014
Figures for construction permits being issued in Beirut dropped slightly by 0.2 percent in 2014. Numbers varied for other cities and towns across Lebanon.
The UK's top construction firms have won infrastructure contracts worth $1.65 billion to build roads, hotels, museum projects and drainage networks for World Cup 2022 in Qatar.
August 25, 2014
Dubai's Specialist Services won a contract from Petrofac to build local equipment and control rooms for its Island Surface Facilities Project.
TASWEEK Real Estate Development and Marketing, has announced the recent joint venture project handover of the fully completed The Haven Lakeside Residences.
Abu Dhabi's leading property development company, Aldar Properties, secured a bulk deal to lease 607 apartments to hospital employees working for a medical clinic.
August 20, 2014
Megaprojects in the pipeline and the ramping up of social infrastructure spend is boosting the market, says new report.