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.
London’s property market has always been a favourite for investors from the Middle East.

July 27, 2011

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.

07:06 GMT
(press release)

Cluttons, the real estate specialist that has enjoyed a dedicated Middle Eastern presence since 1976, today announces its market report for Dubai’s commercialand residential markets.

July 17, 2011

Elaine Jones, CEO, Asteco Property Management
11:18 GMT
(press release)

Movement in the Northern Emirates’ property market over Q2 2011 was led by Sharjah apartment rentals, with some areas increasing 2% over the previous quarter.

Abu Dhabi
09:51 GMT
(press release)

Jones Lang LaSalle, today released its latest ‘Abu Dhabi Real Estate Market Overview – Q2 2011’ covering the Abu Dhabi office, residential, retail and hospitality sectors.

RAK Tower
08:44 GMT
(press release)

RAK Properties, announced the commencement of the handover of RAK Tower at Marina Square on Al Reem Island in Abu Dhabi.

July 13, 2011

Abu Dhabi
13:31 GMT
(press release)

Cluttons today issued its Abu Dhabi market reports for Q2 2011 covering the residential and commercial sectors within the capital.

Jones Lang LaSalle
13:26 GMT
(press release)

Global direct real estate investment volumes in the second quarter of 2011 totaled more than US$101 billion, up seven percent from the previous three months and 47 percent from the second quarter 2010.