Construction & Real Estate

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Meanwhile apartment rents climbed by 29 per cent in the first nine months of 2014.
Tenant demand in the residential market was found to be largely fuelled by reverse migration from Dubai and Dubai firms increasingly turning to Sharjah for bulk staff housing

September 6, 2012

Business owners have expressed concern at the rental increases at the third consultative meeting between the Bahrain Chamber of Commerce and Industry and small and medium enterprises.
11:31 GMT

Sudden rises in rent have caused a major setback for small businesses in Bahrain.

During the visit
06:09 GMT

The Chairman of Al Habtoor Group met the new CEO of Dubai International Financial Centre Authority at the Group’s headquarters.

September 4, 2012

11:47 GMT

Saudi Arabia has started an initial work for building the first batch of a massive low income housing plan announced by the kingdom early this year

September 2, 2012

Dubai Properties Group
10:50 GMT
(press release)

Dubai Properties Group has announced plans to complete 348 Villas and Townhouses in the Mudon Development, located in Dubai’s growing DUBAILAND district.

August 30, 2012

14:36 GMT

"Omani cement companies did well in the first half of this year due to increase in cement demand and diversion of UAE exports to other markets,” the report said.

August 29, 2012

Palm island in Dubai
13:31 GMT

Non-oil growth is likely to continue at a below-trend pace of three to four per cent for the next couple of years, according to NBK’s latest GCC Outlook.

DAMAC Tower raft
09:40 GMT
(press release)

DAMAC Properties has completed the raft foundation for its iconic ‘DAMAC Tower’ in Beirut, Lebanon.

August 26, 2012

Elite & Princess from Sea 2012
07:17 GMT
(press release)

TAMEER announced the delivery of Elite Residence, adding yet another iconic residential tower to the Dubai Marina skyline.

August 15, 2012

Fixed overheads and fierce competition are putting pressureon profit margins
10:34 GMT

Despite the slowdown in Lebanon’s real estate market, new projects are still under way, albeit at a slower pace.

Abu Dhabi
09:37 GMT

The residential rents in Abu Dhabi registered a 24 per cent drop in the second quarter of this year over the same period last year amid continuous supply of new housing units and heightened competition, according to a new report.

August 9, 2012

Iftar at Nuzul
09:51 GMT
(press release)

Dubai Properties Group, a member of Dubai Holding, organised a special Iftar event for residents at its Nuzul Staff Accommodation on Friday August 3rd.

August 8, 2012

Al Habtoor Group
12:13 GMT

Al Habtoor Group announced a new stage in its policy of Emiratisation, in the form of several programmes to be put into effect in the coming months.

Niall McLoughlin, DAMAC Properties Senior Vice President
08:08 GMT
(press release)

DAMAC Properties, has seen encouraging growth during H1 2012, outperforming a recent report which suggests Dubai’s prime property has experienced a 5.6 per cent increase over the past six months.

August 7, 2012

UAE non-oil business still growing
21:03 GMT

Business activity in the United Arab Emirates’ non-oil private sector edged up slightly in July from the previous month, but the growth of export orders fell sharply, a purchasing managers’ survey showed

Vineet Kumar, new Associate Director
11:46 GMT
(press release)

Leading UAE property management company Asteco, has appointed Vineet Kumar as its new Associate Director.