Construction & Real Estate
August 27, 2014
One of Dubai’s leading luxury developers, DAMAC Properties, has brought forward the second release of units at its latest master development, AKOYA Oxygen, following ‘unprecedented’ customer demand.
Tecom Investments launched a new 440-villa project close to its DuBiotech business park in Dubai, due for completion in Q4, 2015, according to the National.
August 26, 2014
Figures for construction permits being issued in Beirut dropped slightly by 0.2 percent in 2014. Numbers varied for other cities and towns across Lebanon.
The UK's top construction firms have won infrastructure contracts worth $1.65 billion to build roads, hotels, museum projects and drainage networks for World Cup 2022 in Qatar.
August 25, 2014
Dubai's Specialist Services won a contract from Petrofac to build local equipment and control rooms for its Island Surface Facilities Project.
TASWEEK Real Estate Development and Marketing, has announced the recent joint venture project handover of the fully completed The Haven Lakeside Residences.
Abu Dhabi's leading property development company, Aldar Properties, secured a bulk deal to lease 607 apartments to hospital employees working for a medical clinic.
August 20, 2014
Megaprojects in the pipeline and the ramping up of social infrastructure spend is boosting the market, says new report.
Following the success of AKOYA by DAMAC launched last year, DAMAC Properties announced today the introduction of a second master development in Dubailand, set to be the largest in the area.
The role of advanced ‘smart’ concepts such as ‘Big Data’ and ‘Cloud Computing’ in the development of genuinely ‘smart cities’ will be extensively covered through discussions and exhibitions at the Smart Living City – Dubai 2014 expo.
Labor Ministry spokesman Tayseer Al-Mufarrej said that the new arrangement was aimed at protecting the interests of both sponsors and workers during their contractual period of employmen
August 18, 2014
Citizens of the UAE captured the highest portion of property investments in Dubai valued at more than AED12.5 billion ($3.5), the DLD report said.
The housing crisis in Saudi Arabia is considered to be one of the biggest problems in society as over 70 percent of Saudi nationals do not own their own homes.
August 14, 2014
“The payment situation for contractors hasn’t improved since the beginning of 2013” even as the Dubai economy strengthens,
August 13, 2014
Sharjah residents have been advised to report to the municipality any unnecessary rent increases imposed by their landlords.