Construction & Real Estate

Featured Story:

Shayne Nelson said that the UAE attracted safe investments from the likes of Iraq and Syria (File/AFP)
August 28, 2014 - 10:22 GMT
With turmoil continuing in the Middle East, the UAE has been the safe haven for many people in terms of property and flights, according to a senior banker.

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.

July 31, 2012

Roads and Transport Authority officials Dr Aisha Al Busmait, Director of Marketing and Corporate Communication; Adnan Al Hammadi; Ramadan Abdullah, Director of Rail Operations; and Nasser Bu Shehab, Director of the Strategic Planning Department, addressing a Press conference on Monday.
12:41 GMT

Metro commuters can hope to reach their destinations 10 minutes early at no extra charge with the introduction of four express trains on the Red Line from October.

Msheireb Downtown Doha - project
11:22 GMT
(press release)

Msheireb Properties has launched a campaign to reduce construction-related hand injuries.

Children from Dar Al Ber at At the Top
10:16 GMT
(press release)

Children from the Dar Al Ber Society visited At the Top, Burj Khalifa, the world’s highest observatory deck with an outdoor terrace.

July 29, 2012

Downtown Dubai by Emaar Properties
11:43 GMT
(press release)

Emaar Properties PJSC, the global developer of iconic projects, reported today a net operating profit of AED 1.22 billion (US$ 332 million) for the first six months of 2012.