Construction & Real Estate

Featured Story:

Ashghal’s five-year projects include construction of more than 70 huge projects
May 15, 2013 - 11:55 GMT
The Public Works Authority (Ashghal) will invest $30 billion in building and infrastructure projects in the next five to seven years.

March 9, 2011

Emaar Properties
14:34 GMT
(press release)

Emaar Properties PJSC has been honoured by the Emirates Securities and Commodities Authority for implementing and complying with the new UAE Code of Governance within the stipulated timeframe.

Elaine Jones, CEO, Asteco Property Management
10:39 GMT
(press release)

Enquiries for leasing office space in Dubai were up 20% in the first two months of 2011, according to the latest figures released from UAE-based property management company Asteco.

Global construction will grow by 67% from $7.2 trillion to $12 trillion annually by 2020
09:46 GMT
(press release)

US$ 4.3 trillion expected to be spent on construction across the Middle East and North Africa over the next decade, representing growth of 80% to 2020.

Saeed Hashmi, Head of Valuation and Advisory at Landmark Advisory
08:44 GMT
(press release)

Three months into the new year and we have all been witness to the increase in construction work on previously stalled residential projects.

March 8, 2011

Khalaf Al Habtoor (left) with Ambassador of Bosnia and Herzegovina to the UAE and Bahrain (middle)
14:13 GMT

Khalaf Al Habtoor, Head of the Al Habtoor Group, met with the Ambassador of Bosnia and Herzegovina to the UAE and Bahrain, in Dubai on March 3, to discuss both business and politics.

March 6, 2011

Green Building Solutions Conference & Exhibition Doha 2011
14:03 GMT
(press release)

The 1st Green Building Solutions (GBS) Conference & Exhibition Doha 2011 closed its doors with a dinner that attracted 400 participants.

March 3, 2011

Sun and Sky towers
14:29 GMT
(press release)

Sorouh Real Estate Company, the Abu Dhabi-based real estate developer, has started a phased handover to owners of their new homes in Sun and Sky towers, part of Sorouh’s Shams Gate District.

March 2, 2011

City of Lights, by P&T Architects and Engineers
13:41 GMT
(press release)

P&T Architects and Engineers has recently relocated its Dubai office in a move that reflects the organisations’ long term commitment in the region.

March 1, 2011

Construction continues after completion of the foundation of Al Jawharah Tower, located on the Jeddah Corniche
12:23 GMT
(press release)

DAMAC Properties, the largest private developer in the Middle East, has completed the raft foundation for its iconic ‘Al Jawharah Tower’ in Jeddah, KSA.

February 27, 2011

Baniyas complex shopping mall
13:25 GMT

Baniyas Investment and Development Company has announced its agreement with Landmark Group to open a total of 7 new outlets at Bawabat Al Sharq Mall, the first of its kind mall in Baniyas City.

February 23, 2011

Barwa, Qatar’s leading investment and real estate company
10:53 GMT
(press release)

The Barwa Group, one of Qatar’s global leading investment and real estate companies, has announced net profits of QR 1,405 million for the period January - December 2010.

Abdulla bin Khalifa Al Khalifa, Chairman of Seef Properties
07:59 GMT
(press release)

Seef Properties today announced that its net income for the year 2010, which ended on Dec 31st, jumped by 33 percent, reaching BD 9,371,976 compared to BD 7,054,189 in Q4 of 2009.

February 22, 2011

Khalid Nasser Al Mannai, CEO, Waseef
12:41 GMT
(press release)

Waseef has signed agreements with Barwa Village and Masaken Musaimeer/Masaken Al Sailiyah to manage a total of 800,000 sqare meters of property .

February 21, 2011

Tim Glover (CEO) makes imminent changes to current team by hiring qualified local talent
15:30 GMT
(press release)

Bahrain-based Cluttons, the real estate specialist that has enjoyed a dedicated Middle Eastern presence since 1976, today announced its ‘new directional intent for 2011’.

The lucky winners
13:47 GMT
(press release)

DAMAC Properties, one of the Middle East’s leading international real estate developers, has handed over the keys of a luxury apartment to a couple who won it in a newspaper competition 5 years ago.