Construction & Real Estate
July 7, 2014
The second quarter of this year saw a continuation of the slowdown in Q1 2014 residential sales performance for Dubai with the market witnessing marginal growth, up 6% and 3% respectively for apartments and villas in Q2 2014.
DAMAC Properties has become the first company ever to receive a Green Building Certification from the Department of Planning & Development, Trakhees.
Already home to one of the globe’s biggest indoor shopping complexes, Dubai Mall, the glitzy emirate known for its love of grandiose projects said it is now planning to build the “Mall of the World”.
July 6, 2014
Dubai Properties Group (DPG), the property development arm of Dubai Holding, has announced the appointment of Charles Biele as CEO of Dubai Properties (DP).
July 1, 2014
Dubai Properties (DP), the development company of Dubai Properties Group (DPG), has revealed that the handover process has commenced at its popular mixed use Bay Square development in Business Bay.
An expansion of Qatar's gas facilities helped fuel breakneck GDP growth averaging 17 per cent a year between 2006 and 2011.
June 29, 2014
The Qatar Public Works Authority 'Ashghal' has awarded IBM the contract to provide a smarter road and drainage infrastructure in the gas-rich country.
June 26, 2014
However, house prices are expected to pick up as the real estate mortgage lending in the UAE rises.
June 25, 2014
Dubai developer Nakheel will repay all AED 7.9 billion owed to bank lenders with an early repayment in August 2014, nearly four years before the final loan instalment due in March 2018, the company reported today.
The 34 properties are located in a private-gated community in the 42 million sq ft Akoya by DAMAC master development off Umm Suqeim Road in Dubai.
Recent industry reports have shown that Dubai has jumped to the lead in the global race to become a fully-fledged Smart City.
June 24, 2014
With the support of the Business Council for International Understanding (BCIU), a delegation from Aqaba, Jordan, will be in New York to highlight foreign investment opportunities in Aqaba for U.S. companies.
Emaar Middle East, the developer of iconic projects in Saudi Arabia, has unveiled the most prestigious commercial real estate development in Jeddah.
June 22, 2014
Real estate shares dragged the Dubai index below 4,500 points, led by Arabtec.
In a pursuit to successfully transition into a Smart City, the government plays a vital role in ensuring that right programs and initiatives are implemented.