Construction & Real Estate
February 12, 2014
Saudi Arabia is losing $27 billion every year due to "deliberate stalling of construction projects by corrupt government officials."
February 11, 2014
Qatar has begun construction on its first of five stadiums that it is building in preparation for its hosting of the 2022 FIFA World Cup.
RAK Properties has announced net profit of AED 151 million for the year ended 31st December 2013, compared to AED 147 million in 2012.
February 10, 2014
US-based developer Reef Worlds announced plans this week to build underwater cities and tourism sites near Dubai.
DPG has revealed details of further enhancements at its thriving Remraam community in DUBAILAND, including plans for a Géant Easy supermarket set to open in the first half of 2014.
February 9, 2014
There will be tremendous demand for offices and commercial properties in Dubai this year, due to the rising confidence in both the emirate’s economy and the real estate sector.
February 6, 2014
Saudi Arabia just signed $9.5 billion worth of contracts to establish a new industrial city in KSA focusing on mining.
The long-term corporate credit rating on Emaar Properties, the global developer of ionic projects, has been upgraded by Standard & Poor’s Rating Services to ‘BBB-’ from ‘BB+’ with a stable outlook.
Qatar plans to spend as much as $205 billion on infrastructure between 2013 and 2018,
February 5, 2014
TASWEEK Real Estate Development and Marketing has forged a partnership with Investvine.com, the fast-growing news channel of Hong Kong-based business intelligence company Inside Investor.
February 3, 2014
The report attributed the spike in rents to continued unrest in the wider Arab region, Dubai’s successful Expo bid and an expanding economy.
February 2, 2014
Emaar Properties is marking the launch of its first Arabesque-style villa community in Arabian Ranches, one of the most sought-after and established lifestyle neighbourhoods in Dubai.
DAMAC Properties has announced the completion of the first major construction phase at DAMAC Towers by Paramount.
January 30, 2014
Dubai Properties Group announced its partnership with Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce Marketing.
January 29, 2014
"Significant amount" of the funding will come from the government, but there was also an opportunity for the private sector to invest during the build up to Expo 2020 and during the event itself.