Construction & Real Estate
August 8, 2011
Investors from Kuwait now account for nearly 60% of all properties purchased by GCC nationals in the emirate of Dubai, according to new figures from the UAE Ministry of Finance.
August 7, 2011
Msheireb Properties staff distribute free Iftar meal boxes to residents of the Msheireb neighborhood as well as construction workers.
August 3, 2011
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
Sweet Homes Holdings, has announced the handover of the AED 507 million ‘Falcon Towers’ project to the first batch of investors.
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
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 unprecedented customer service experience of Emaar Malls Group, the shopping subsidiary of Emaar Properties, can now be accessed via iPhone platforms.
July 27, 2011
Abu Dhabi Urban Planning Council awarded today Abu Dhabi Education Council the three pearl rating of the Estidama Pearl Rating System.
Drake & Scull International Abu Dhabi has been awarded an AED 170 million contract for the complete Mechanical, Electrical and Plumbing (MEP) works.
TASWEEK Real Estate Development and Marketing intends to further strengthen its commitment to build up its quality real estate portfolio with Malaysian partner.
Msheireb Properties has further strengthened its involvement in the local community with an initiative offering free IT training to construction workers.
July 26, 2011
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
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.
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
Tasweek Real Estate Marketing & Development, has noted improving confidence level on the UAE’s real estate sector starting in the first half of 2011.