Construction & Real Estate
May 1, 2014
Work on a metro system through Saudi Arabia's holy city is expected to begin in 2016.
TASWEEK Real Estate Development and Marketing has announced that its Board of Directors has distributed 60 per cent of its 2013 profits to shareholders as bonus shares.
April 30, 2014
A major construction phase of Bahrain Bay has been completed. The tower will house Wyndham Grand Collection Manama hotel and corporate offices upon completion.
April 29, 2014
Emaar Hospitality Group is highlighting its strategic initiatives to support Dubai’s Tourism Vision 2020 to welcome more than 20 million annual visitors by the turn of the decade at the Arabian Travel Market 2014.
Dubai Properties Group (DPG), the development arm of Dubai Holding, today confirmed its participation at the upcoming Arabian Travel Market.
The major construction activities on the Expo 2020 site will be completed by October 2019, allowing for a full year of readiness testing across networks, systems and technologies.
April 28, 2014
RAK Properties revealed its excellent performance for the first quarter of 2014, achieving a net profit of AED 42 million as compared to the AED 40 million posted over the same period in 2013.
Emaar Properties is now offering a convenient option for its long-term investors and end-user customers to ‘skip the line’ and exercise their property purchases without pre-registration.
Under the supervision of the Engineering Authority of the Armed Forces, more than 6,000 residential units have been constructed in Borg Al-Arab in Alexandria.
“The Shores of Karbala project is one of the largest of its kind in Iraq."
April 27, 2014
With the announcement of the successful World Expo 2020 bid, competition among real estate contractors is breeding new levels of innovation and creativity to not only UAE's real estate sector, but the urban planning initiatives and other economic markets overall.
April 24, 2014
Muscat will award contracts shortly for construction to take place on two hotels, according to Oman Daily Observer.
Deyaar Development announced record online booking registrations for purchase of luxury hotel apartments at ‘The Atria’ in Business Bay.
King Abdullah Economic City (KAEC) has awarded New Job Contractors Establishment a contract worth SR 43.5 million for the development and landscaping of Juman Park.
Emaar Properties declared a total distribution valued over AED 8 billion (US$ 2.18 billion) in cash and bonus shares at its 16th Annual General Meeting (AGM) held in Dubai.