Construction & Real Estate

Featured Story:

More than $40 billion worth of new contracts were awarded in the GCC during the first quarter of 2014 alone (File Archive)
April 17, 2014 - 07:40 GMT
2014 is promising to be a record-breaking year for the GCC's construction industry.

August 3, 2011

Abdulla bin Khalifa Al Khalifa, Chairman of Seef Properties
13:22 GMT
(press release)

Seef Properties (Seef) announced its net profits for the first half of 2011 (ending 30th June), reporting BD 2.25 million in net profit compared to BD 3.28 million for the same period of last year.

August 1, 2011

Falcon Towers
09:40 GMT
(press release)

Sweet Homes Holdings, has announced the handover of the AED 507 million ‘Falcon Towers’ project to the first batch of investors.

Khalid Al Malik, Chief Executive Officer, Dubai Properties Group
08:41 GMT
(press release)

Dubai Properties Group, today announced that Nestlé Dubai Manufacturing has signed a four-year agreement to lease an entire building at Nuzul as premier staff accommodation for its employees.

July 31, 2011

Zainab Sharaf GM of Wasl Property Management
10:35 GMT
(press release)

wasl Properties, a wholly owned subsidiary of wasl announced a unique Ramadan campaign contest that supports the group’s publicly stated goals of community service, charitable and educational support.

The Dubai Mall iPhone Apps
10:12 GMT
(press release)

The unprecedented customer service experience of Emaar Malls Group, the shopping subsidiary of Emaar Properties, can now be accessed via iPhone platforms.

July 27, 2011

Falah Al Ahbabi, General Manager UPC, hands award to Mugheer Khamis Al-Khaili, Director General of ADEC, at the press conference
13:10 GMT

Abu Dhabi Urban Planning Council awarded today Abu Dhabi Education Council the three pearl rating of the Estidama Pearl Rating System.

Drake & Scull
12:07 GMT
(press release)

Drake & Scull International Abu Dhabi has been awarded an AED 170 million contract for the complete Mechanical, Electrical and Plumbing (MEP) works.

Masood Al Awar, CEO of Tasweek
09:40 GMT
(press release)

TASWEEK Real Estate Development and Marketing intends to further strengthen its commitment to build up its quality real estate portfolio with Malaysian partner.

Msheireb IT training
09:34 GMT
(press release)

Msheireb Properties has further strengthened its involvement in the local community with an initiative offering free IT training to construction workers.

July 26, 2011

Downtown Dubai by Emaar Properties
11:36 GMT
(press release)

Emaar Properties, the global developer of iconic projects, recorded a net operating profit of AED 843 million (US$ 230 million) in the first six months of 2011.

July 25, 2011

Niall Mc Loughlin, Senior Vice President, DAMAC Properties
09:07 GMT
(press release)

The Middle East’s largest private luxury developer, DAMAC Properties, has been overwhelmed by the positive response it’s received during a month long summer promotion at London’s iconic Harrods store.

Khurram Jafree, Head of Investment Advisory, Barclays Wealth MENA
07:40 GMT
(press release)

According to a recent study by Barclays Wealth, 100% of Qatari HNWIs indicated that they are currently invested in the real estate sector.

July 21, 2011

Masood Al Awar, Tasweek CEO
09:18 GMT
(press release)

Tasweek Real Estate Marketing & Development, has noted improving confidence level on the UAE’s real estate sector starting in the first half of 2011.

July 20, 2011

The report maps the global office footprint of 280 major international companies, across 101 countries and 232 cities
10:09 GMT
(press release)

Dubai is in the Top 10 of most popular business locations in the world according to Business Footprints – Global Office Locations.

July 19, 2011

Amman, Jordan
09:59 GMT
(press release)

Price stability continues across the Jordanian property sector, which is showing positive activity in apartment and villa sales and leasing, according to Asteco.