Construction & Real Estate

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Technology will play a critical role in the implementation of these projects.
September 16, 2014 - 15:25 GMT
This makes the kingdom the Middle East’s largest megaproject market by a wide margin,

May 27, 2014

Mohammed Sultan Al Qadi, CEO, RAK Properties
10:42 GMT
(press release)

RAK Properties PJSC, Ras Al Khaimah's (RAK) biggest property developer listed on the Abu Dhabi Stock Exchange, is set to host the Julphar Avenue Food Festival, the emirate’s first ever food festival.

May 26, 2014

Emaar Properties
07:20 GMT
(press release)

Emaar Properties PJSC (Emaar) today announced its intention for a primary listing of Emaar Malls Group on the Dubai Financial Market (DFM).

May 25, 2014

“I always wanted to get back and we never forgot Dubai,” Trump said at the project site. “Dubai has become very conservative. This is a much different and smarter time.”
21:39 GMT

Donald Trump, the New York real-estate mogul, is back in Dubai with plans for a golf course and 104 mansions three years after a plan to build a hotel tower bearing his name was scrapped in the emirate.

May 21, 2014

 One of the biggest project approvals was for Aldar Properties’ Al Raha Beach East Master Plan.
21:33 GMT

The Abu Dhabi Urban Planning Council gave its approval to 13 development projects covering over four million square metres in the first quarter of the year.

Masood Al Awar, CEO, TASWEEK Real Estate Development and Marketing
11:52 GMT
(press release)

TASWEEK has announced that the upcoming Smart Living City Dubai exhibition will serve as an ideal platform for showcasing major initiatives that are turning Dubai into one of the smartest cities in the world.

May 19, 2014

The bureau’s establishment has been eagerly awaited by risk-averse lenders, who have attached high expectations to its potential to curb bad credit.
17:17 GMT

A senior Abu Dhabi-based banker said if the bureau had existed pre-2008, much of the crash’s pain may have been avoided

Jordan
09:52 GMT
(press release)

Apartment rental rates remained relatively unchanged compared with Q4 2013, as demand levels were steady and no significant new supply was added to the real estate inventory in Amman.

Tripartite talks were held between Egypt, Sudan, and Ethiopia in November, December and January but no agreement was reached
00:40 GMT

Tensions between Egypt and Ethiopia have persisted amid failed tripartite talks with Sudan regarding the GERD.

May 18, 2014

“We want to provide more protection to expat community and workers in this country, to provide more protection and safeguard their rights,” said Salih Saeed Al-Sahwi from the Ministry of Labour and Social Affairs, as quoted by Doha News.
11:48 GMT

Reacting to international backlash about the treatment of expatriate workers and labor laws of the country, the government of Qatar has announced several changes to its labor system.

“It is the largest concrete raft in the world. In places, the thickness is five metres,” said Hammoud.
03:55 GMT

The over one kilometre tall Kingdom Tower will replace Dubai’s Burj Khalifa, 828 metres tall, as the highest in the world.

May 14, 2014

Ismaik said that the club’s achievements had led Arabtec to sign a regional sponsorship deal, adding that the deal will help achieve the interests of both parties. (Image courtesy of sportsvivo.com)
23:28 GMT

Arabtec will also receive certain rights to use the Manchester City logo, in addition to tickets and programmes for prominent figures to attend the club’s games

May 11, 2014

Remraam community in DUBAILAND
06:56 GMT
(press release)

Dubai Properties (DP), Dubai Properties Group (DPG)’s dedicated project development company, has launched 200 units for sale at its popular Remraam community in DUBAILAND.

May 8, 2014

It is targeting global players in high-margin sectors such as oil and gas, power plants, infrastructure, and facility management of huge industrial plants, he said.
15:42 GMT

Dubai builder Arabtec said its first-quarter net profit more doubled on the back of a strong delivery of projects and growth in its Gulf businesses.

Tenants have said that the law would displace thousands of families who rent in Beirut under an old law that governs lease contracts enacted before 1993.
05:28 GMT

President Michel Sleiman refused Wednesday to sign a controversial new rent bill into law, arguing that it was unfair, prompting a brief protest by a group of landlords.

Out of the total, 14,438 transactions were in Amman alone, accounting for 42 per cent, and 19,560 transactions were in other governorates, accounting for 58 per cent.
00:54 GMT

Real estate trading in the Kingdom went up by 26 per cent during the first four months of 2014.