Construction & Real Estate

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The UK capital recorded €32.2 billion (around $44.2 billion) worth of transactions in 2013, with the Middle East contributing roughly $7.5 billion.
July 10, 2014 - 03:14 GMT
London’s property market has always been a favourite for investors from the Middle East.

April 24, 2014

The JEC seeks to achieve new world records using latest technologies for foundation works of high rise buildings.
03:55 GMT

The foundation and piling works, one of the most important and difficult stages of the project, took 12 months to complete, the JEC said.The JEC seeks to achieve new world records using latest technologies for foundation works of high rise buildings.

April 23, 2014

The base expansion has been hailed as one of the biggest British Navy investments on foreign soil, costing $16.6 million (File/AFP)
14:49 GMT

Construction work has started on the expansion of the UK Maritime Component Command complex in Bahrain, creating a bigger partnership between British authorities and their Bahraini counterparts.

The event includes “Mind Games” competitions pitting more than 100 children from different Qatari schools and learning centers between the ages of 14 and 16
11:47 GMT

The Pearl-Qatar will host the “Talented Child Festival” at the Amphitheater – La Croisette 31 – on April 25 and May 2, 2014.

TASWEEK Real Estate Development and Marketing is a one-stop shop for property development driven by the core competencies of networking and know-how
08:51 GMT
(press release)

TASWEEK announced its fifth consecutive year of profit growth during its latest Annual General Assembly covering the year ended December 31, 2013 held at Hilton Abu Dhabi.

Arif Mubarak; Dubai Properties Group Chief Executive Officer
08:46 GMT
(press release)

Dubai Properties Group has announced the establishment of Masat, a new dedicated portfolio management company responsible for overseeing and managing DPG’s BTL.

Projects in the pipeline include the 300-acre Titanic Quarter in Belfast, Northern Ireland, consisting of a boutique hotel, financial services centre, new retail development, film and media hub and office space, at a total development cost of Dhs6 billion.
03:55 GMT

UK Trade and Investment’s (UKTI) Regeneration Investment Office (RIO) said that Gulf investors have the opportunity to participate in projects leading to the development of 27 million square metres of new prime floor space and 220,000 homes.

April 22, 2014

Shopping malls and retail made up over 38 per cent of total revenue at Dhs863 million.
22:44 GMT

Total sales reached Dhs5.917 billion (1.611 billion), 94 per cent higher than the Dhs3.043 billion ($828 million) reached during the same period last year.

April 21, 2014

Qatar also came under fire by the international human rights community after reports of migrant workers being ill-treated in the country
20:37 GMT

The Gulf state is embroiled in a number of corruption allegations regarding the event, including being accused of buying the right to host the World Cup.

April 20, 2014

Although experts have indicated that regulations such as the doubling of property transfer fees and the mortgage law have helped curb flipping, the emirate has been seeing a rise in off plan sales in the market.
02:55 GMT

“We are not yet back to 2008 prices but in some individual projects we are. So we certainly need to monitor them carefully.”

April 18, 2014

The 36-story, 382,500 square-foot (35,535 square-meter) building is located on the Fifth Avenue in New York.
08:32 GMT

The US government says it is going to sell an Iranian skyscraper in New York City in favor of anti-Tehran plaintiffs.

April 17, 2014

Ensour stressed that the Kingdom is in need of support from all Arab states to be able to continue its pan-Arab nationalist role.
22:37 GMT

Prime Minister Abdullah Ensour said this week that Jordan's economy is recovering and moving steadily forward despite the global financial crisis and the Syrian infighting.

April 16, 2014

The AGM will discuss the proposal of the Board of Directors regarding distribution of dividends to the shareholders amounting to 15 per cent of the share capital being AED 15 fils per share as cash dividend
10:57 GMT
(press release)

Emaar Properties PJSC will hold its 16th Annual General Meeting (AGM) on Wednesday, April 23, 2014, at 7pm.

On average the emirate recorded 7 percent quarter-on-quarter growth for apartment rentals, and a strong year-on-year figure of 38 percent
03:55 GMT

“Budget-conscious Dubai residents are now relocating to Sharjah in a flight to affordability,” said John Stevens, managing director, Asteco.

April 14, 2014

Emaar Mira Oasis townhouses
08:05 GMT
(press release)

Emaar Properties has unveiled a new collection of Mira Oasis townhomes in Reem, an integrated lifestyle development offering an unmatched choice of exotic outdoor leisure activities.

April 13, 2014

Group CEO of DPG, Khalid Al Malik
05:55 GMT
(press release)

Dubai Properties Group (DPG), has established Dubai Properties (DP) to focus solely on delivering an integrated, end-to-end project development solution for the Group.