Construction & Real Estate

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Dealers in the hotels sector estimate the percentage of rented units according to the lease system at 5 percent of all housing units in the vicinity of the Grand Mosque.
Today
New projects in the central area of Makkah has led Saudi and Gulf businessmen to renting out housing units in hotels overlooking the Grand Mosque for long-term lease of up to 15 years

June 17, 2012

The lifeline will benefit a batch of 435 applicants registered with the ministry
12:52 GMT

Bahrain has unveiled a BD14.3 million ($37.9 million) plan to help citizens buy, build or renovate their houses, said a senior government official.

June 13, 2012

Box Appeal campaign
12:02 GMT
(press release)

The Box Appeal campaign, launched by Msheireb Properties in partnership with Qatar Charity, marked a successful conclusion to its month-long donation drive in aid of local construction workers.

Amer Al Hammadi and. Dr. You signing the MoU in the presence of H.E Kwon Tae-Kyun, ambassador of the Republic of Korea to the UAE
10:52 GMT

Abu Dhabi Urban Planning Council UPC, today entered into a cooperation agreement with the Korean Ministry of Land, Transport and Maritime Affairs MLTM.

DAMAC Properties is giving customers a selection of luxury boats and yachts
09:47 GMT
(press release)

Luxury developer DAMAC Properties is giving customers a selection of luxury boats and yachts with properties purchased during the month-long festival.

Cluttons
08:22 GMT
(press release)

Cluttons held a regional strategy day in its Oman offices.

June 12, 2012

The new town will cover 356 hectares - 174 hectares in the Northern Governorate and 182 in the Capital Governorate
12:24 GMT

Bahrain will soon start construction of a “green town”, which will include government houses, schools, a library, a theatre, a health centre, natural sanctuaries.

June 10, 2012

Ahmad bin Byat CEO Dubai Holding
13:01 GMT
(press release)

Dubai Holding announced the establishment of Board of Directors for Dubai Properties Group (DPG), its real estate arm, which develops and manages properties, communities and destinations.

June 7, 2012

Cluttons
08:10 GMT
(press release)

Cluttons announces its move to new premises in the Sabco shopping centre in central Muscat.

June 5, 2012

Msheireb World Environment Day
12:56 GMT
(press release)

Leading sustainable real estate developer Msheireb Properties will be promoting conservation in the classroom on World Environment Day, June 5.

Masood Al Awar, CEO of TASWEEK
08:04 GMT
(press release)

TASWEEK Real Estate Development and Marketing, an advisor and solutions provider serving the real estate markets, recently named its new Board Members during its latest Annual General Assembly.

June 3, 2012

DAMAC Properties
11:57 GMT
(press release)

Luxury developer DAMAC Properties has revealed the occupancy rate across its residential development portfolio in Dubai is well above average, and as high as 97% in some developments.

May 29, 2012

Best Garden
09:32 GMT
(press release)

Dubai Properties Group (DPG), a member of Dubai Holding, rewarded gardening enthusiasts at its Layan residential community recently by holding a competition to find the best garden.

May 28, 2012

The demand is currently high for smaller apartments of up to 120 to 150 square meters
14:08 GMT

Developers in Lebanon are expressing serious interest in diversifying away from luxury apartments as demand soars for smaller.

May 27, 2012

During the visit
07:05 GMT

The Pearl-Qatar, United Development Company’s multi-billion dollar offshore island, was host to a presidential delegation from Sri Lanka last week.

Issa Al Mohannadi, CEO of Msheireb receiving the Award
06:32 GMT
(press release)

Msheireb Properties won the Award for best Mixed Use Project at the first Cityscape Qatar.