Construction & Real Estate

Featured Story:

Dealers in the hotels sector estimate the percentage of rented units according to the lease system at 5 percent of all housing units in the vicinity of the Grand Mosque.
July 22, 2014 - 04:55 GMT
New projects in the central area of Makkah has led Saudi and Gulf businessmen to renting out housing units in hotels overlooking the Grand Mosque for long-term lease of up to 15 years

September 6, 2012

During the visit
06:09 GMT

The Chairman of Al Habtoor Group met the new CEO of Dubai International Financial Centre Authority at the Group’s headquarters.

September 4, 2012

Construction
11:47 GMT

Saudi Arabia has started an initial work for building the first batch of a massive low income housing plan announced by the kingdom early this year

September 2, 2012

Dubai Properties Group
10:50 GMT
(press release)

Dubai Properties Group has announced plans to complete 348 Villas and Townhouses in the Mudon Development, located in Dubai’s growing DUBAILAND district.

August 30, 2012

Cement
14:36 GMT

"Omani cement companies did well in the first half of this year due to increase in cement demand and diversion of UAE exports to other markets,” the report said.

August 29, 2012

Palm island in Dubai
13:31 GMT

Non-oil growth is likely to continue at a below-trend pace of three to four per cent for the next couple of years, according to NBK’s latest GCC Outlook.

DAMAC Tower raft
09:40 GMT
(press release)

DAMAC Properties has completed the raft foundation for its iconic ‘DAMAC Tower’ in Beirut, Lebanon.

August 26, 2012

Elite & Princess from Sea 2012
07:17 GMT
(press release)

TAMEER announced the delivery of Elite Residence, adding yet another iconic residential tower to the Dubai Marina skyline.

August 15, 2012

Fixed overheads and fierce competition are putting pressureon profit margins
10:34 GMT

Despite the slowdown in Lebanon’s real estate market, new projects are still under way, albeit at a slower pace.

Abu Dhabi
09:37 GMT

The residential rents in Abu Dhabi registered a 24 per cent drop in the second quarter of this year over the same period last year amid continuous supply of new housing units and heightened competition, according to a new report.

August 9, 2012

Iftar at Nuzul
09:51 GMT
(press release)

Dubai Properties Group, a member of Dubai Holding, organised a special Iftar event for residents at its Nuzul Staff Accommodation on Friday August 3rd.

August 8, 2012

Al Habtoor Group
12:13 GMT

Al Habtoor Group announced a new stage in its policy of Emiratisation, in the form of several programmes to be put into effect in the coming months.

Niall McLoughlin, DAMAC Properties Senior Vice President
08:08 GMT
(press release)

DAMAC Properties, has seen encouraging growth during H1 2012, outperforming a recent report which suggests Dubai’s prime property has experienced a 5.6 per cent increase over the past six months.

August 7, 2012

UAE non-oil business still growing
21:03 GMT

Business activity in the United Arab Emirates’ non-oil private sector edged up slightly in July from the previous month, but the growth of export orders fell sharply, a purchasing managers’ survey showed

Vineet Kumar, new Associate Director
11:46 GMT
(press release)

Leading UAE property management company Asteco, has appointed Vineet Kumar as its new Associate Director.

The Islam Awareness Centre to Educate Communities
11:34 GMT

Khalaf Al Habtoor was honoured by ‘The Islam Awareness Centre to Educate Communities’ on August 4 with a trophy in recognition of his continued support.