Construction & Real Estate
November 25, 2012
An ambitious new mega-city, including the world’s largest mall and a park bigger than London’s Hyde Park, was announced yesterday— kickstarting the “Dubai 3.0” development plan, according to a statement from the Dubai Government’s media office.
Several foreign real estate firms are eyeing strategic partnerships with the UAE’s top property players to capitalize on the positive outlook for the local market.
As figures released show that Egypt's debt and deficit are increasing, the latest figures also show that Egypt’s economy growth rate dropped again, to 2.6 per cent, down from 3.3 per cent.
The World Bank has approved US$90 million to fund various projects in Yemen, after successful talks in Cairo. The money will also come with technical assistance and the provision of "institutional support".
November 20, 2012
Masood Al Awar, the CEO of TASWEEK Real Estate discussed market trends and the prevailing positive industry outlook in a keynote speech delivered during the 7th Arabian Business Economic Forum.
November 18, 2012
DAMAC Properties has announced the signing of a memorandum of understanding (MoU) with Al Fao General Engineering Company.
Msheireb Enrichment Centre hosted Qatar’s first Human Development Majlis organized by FIKRA Consulting and Research.
November 14, 2012
Abu Dhabi has capped annual rent increases at five per cent and extended tenancy contracts stipulated in the rent law to November 9, 2013.
Asteco Property Management has announced that John Stevens has been promoted to the position of Managing Director, with a mandate to take the Dubai-headquartered firm’s real estate capabilities.
November 8, 2012
The Chairman of the Al Habtoor Group received Major-General Mohammad Ahmed Al Marri at the Al Habtoor Group head office.
November 5, 2012
Msheireb Properties has appointed Brookfield Multiplex Medgulf WLL, as the main building contractors responsible for a key section of the master plan of the QR20 billion Msheireb Downtown Doha.
October 30, 2012
DAMAC Properties has continued its success during the property awards season, collecting five distinguished awards across three events.
His Highness Sheikh Mohammed bin Rashid Al Maktoum visited the Al Habtoor Group head office on Al Wasl Road with His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum.
October 24, 2012
Dubai Properties Group (DPG), a member of Dubai Holding, held the second session of the ‘Insights on Leadership’ forum this week.