Construction & Real Estate
August 29, 2012
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 Properties has completed the raft foundation for its iconic ‘DAMAC Tower’ in Beirut, Lebanon.
August 26, 2012
TAMEER announced the delivery of Elite Residence, adding yet another iconic residential tower to the Dubai Marina skyline.
August 15, 2012
Despite the slowdown in Lebanon’s real estate market, new projects are still under way, albeit at a slower pace.
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
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 announced a new stage in its policy of Emiratisation, in the form of several programmes to be put into effect in the coming months.
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
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
Leading UAE property management company Asteco, has appointed Vineet Kumar as its new Associate Director.
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
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 Properties has launched a campaign to reduce construction-related hand injuries.
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
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.