Construction & Real Estate

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Price hikes resulted in fewer property sales in Q2 across the MENA region (Image: Dubai Marina)
As developments are on the rise across the MENA region, the increase of prices have diverted first time buyers from purchasing new homes.

October 23, 2011

Abu Dhabi Urban Planning Council
12:31 GMT
(press release)

A delegation from the Abu Dhabi Urban Planning Council (UPC) visited three major national housing projects in the capital Abu Dhabi to get firsthand insights and evaluate the development of the projects.

During the celebration
10:53 GMT
(press release)

Msheireb announced that it had reached a significant safety milestone by registering ten million hours worked on its flagship Msheireb Downtown site without a single Lost Time Incident or Injury on Phase 1A.

Dubai Holding
08:05 GMT
(press release)

Dubai Holding, one of the region’s largest conglomerates, announced today that it will be sponsoring the second annual Women’s Run, to be held on the Palm Jumeirah, on Friday, November 11.

Khalil Sholy, Managing Director and President of UDC
06:59 GMT

United Development Company reported a net profit of QR 1.840 Billion as of the third quarter (Q3) of 2011 compared with QR 454 Million as of Q3 2010.

October 20, 2011

Msheireb Enrichment Centre
06:43 GMT
(press release)

The importance of risk management within the evolving market in Qatar was the key topic at the annual conference hosted by Msheireb Properties, and the Institute of Risk Management (IRM).

October 18, 2011

The DPG team offered gifts in appreciation of their commendable roles in the society, which were warmly received
08:57 GMT
(press release)

A team of executives led by Mohammed AlHabbai, Chief Executive Officer, DUBAILAND, visited the Al Barza – Elderly Clubin Dubai as part of the organization’s ‘Responsible Living’ initiative.

James A. Michel, President of the Republic of Seychelles, and Falah Al Ahbabi, the General Manager of UPC
07:54 GMT
(press release)

Abu Dhabi Urban Planning Council signed on behalf of the Government of Abu Dhabi an agreement of intent with the Government of the Republic of Seychelles.

October 17, 2011

INDEX, the Middle East and North Africa’s largest and longest established Interiors and Design Exhibition
08:08 GMT
(press release)

Regional and international experts will come together to discuss the latest issues and trends in the architecture and design industry at INDEX.

Msheireb Properties Expo Real 2011
06:58 GMT
(press release)

Msheireb Properties is back in the global spotlight after showcasing its flagship Msheireb Downtown Doha project to an international audience for the second time at the EXPO REAL Munich, Germany.

October 16, 2011

Emaar Misr and The Design Street
11:42 GMT

Emaar Misr has signed a contract with German leader GROHE for undertaking the bathroom fittings in Uptown Cairo, the company’s pioneering master-planned community in the country.

10:56 GMT
(press release)

Apartment and villa rental rates in Sharjah declined by an average of 5% and 4% respectively, in the third quarter of this year as low demand.

Phase II villas of Bawabat Al Sharq
10:36 GMT

Investment and Development Company, has announced that the construction works on Phase II villas of Bawabat Al Sharq is progressing as per schedule.

09:25 GMT

Cluttons, today issues its Oman Q3 reports for the Retail and Logistics sectors.

Jones Lang LaSalle
09:04 GMT

Jones Lang LaSalle, today released its latest ‘Abu Dhabi Real Estate Market Overview – Q3 2011’ covering the office, residential, retail and hospitality sectors.

October 13, 2011

Jerry Jackson, Technical Director receiving Construction Week Award
06:59 GMT

United Development Company has been named ‘Developer of the Year’ and its flagship project The Pearl-Qatar the ‘Residential Project of The Year’.