Construction & Real Estate

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The big threat to the market is that lower oil revenues in the Gulf could slash the amount of money available to buy Dubai property
December 21, 2014 - 17:47 GMT
The plunge in oil prices may take more of the froth off Dubai's booming real estate market, but broad-based demand for property is likely to prevent any crash, said a report.

July 4, 2012

Masood Al Awar, CEO of TASWEEEK
11:19 GMT
(press release)

TASWEEK Real Estate Marketing and Development reports that rates were subdued in the major markets of Abu Dhabi and Dubai in Q2 2012 as new supplies continued to trickle in.

Abu Dhabi
10:40 GMT
(press release)

Tenants living in Abu Dhabi took full advantage of increased real estate market supply by upgrading from their existing accommodation and maximising their housing allowances.

Dubai Properties Group blood donation
07:18 GMT
(press release)

Dubai Properties Group (DPG), a member of Dubai Holding, recently held its annual blood donation drive in partnership with Latifa Hospital.

July 3, 2012

New Islamic mortgage law in KSA.
14:40 GMT

The kingdom of Saudi Arabia has always been a little unusual when it comes to Islamic finance and banking. Banks that were otherwise quite conventional, and which both paid and received interest, were proclaimed to be Islamic because ‘all banks in the kingdom are Islamic’.

July 1, 2012

Anti-government protests hit the housing market
09:57 GMT

Continuing political tensions mean expats are ditching Bahrain in favor of somewhere more stable .

June 27, 2012

TECOM
12:18 GMT
(press release)

Dubai Holding announced the establishment of the Board of Directors for TECOM Investments.

Baghdad is calling out for more housing investment
07:05 GMT

Visiting minister invites partnerships as country looks to build 2.5m homes Negotiations likely to be finalised in 30 days.

June 26, 2012

Patrick Lawrence, Property Manager at Spinneys and Sahar Al Ansari, Director, Real Estate Management at DPG
10:19 GMT
(press release)

Dubai Properties Group, has signed a Memorandum of Understanding with Spinneys for the construction of a Spinneys Community Centre at The Villat.

During the event
05:39 GMT
(press release)

Msheireb Properties, furthered its commitment to knowledge sharing through its support of Al-Baraiq World, along with Qatar University’s Materials Technology Unit (MTU).

June 25, 2012

Coral reef investment is the new rich person's pursuit
14:41 GMT

In the UAE, millionaires can buy personalised coral reefs for their corporate or fanciful needs.

June 18, 2012

During the visit
05:22 GMT
(press release)

Msheireb Enrichment Centre was visited for the first time by a high-level delegation from Poland.

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.