Construction & Real Estate
April 28, 2014
RAK Properties revealed its excellent performance for the first quarter of 2014, achieving a net profit of AED 42 million as compared to the AED 40 million posted over the same period in 2013.
Emaar Properties is now offering a convenient option for its long-term investors and end-user customers to ‘skip the line’ and exercise their property purchases without pre-registration.
Under the supervision of the Engineering Authority of the Armed Forces, more than 6,000 residential units have been constructed in Borg Al-Arab in Alexandria.
“The Shores of Karbala project is one of the largest of its kind in Iraq."
April 27, 2014
With the announcement of the successful World Expo 2020 bid, competition among real estate contractors is breeding new levels of innovation and creativity to not only UAE's real estate sector, but the urban planning initiatives and other economic markets overall.
April 24, 2014
Muscat will award contracts shortly for construction to take place on two hotels, according to Oman Daily Observer.
Deyaar Development announced record online booking registrations for purchase of luxury hotel apartments at ‘The Atria’ in Business Bay.
King Abdullah Economic City (KAEC) has awarded New Job Contractors Establishment a contract worth SR 43.5 million for the development and landscaping of Juman Park.
Emaar Properties declared a total distribution valued over AED 8 billion (US$ 2.18 billion) in cash and bonus shares at its 16th Annual General Meeting (AGM) held in Dubai.
The foundation and piling works, one of the most important and difficult stages of the project, took 12 months to complete, the JEC said.The JEC seeks to achieve new world records using latest technologies for foundation works of high rise buildings.
April 23, 2014
Construction work has started on the expansion of the UK Maritime Component Command complex in Bahrain, creating a bigger partnership between British authorities and their Bahraini counterparts.
The Pearl-Qatar will host the “Talented Child Festival” at the Amphitheater – La Croisette 31 – on April 25 and May 2, 2014.
TASWEEK announced its fifth consecutive year of profit growth during its latest Annual General Assembly covering the year ended December 31, 2013 held at Hilton Abu Dhabi.
Dubai Properties Group has announced the establishment of Masat, a new dedicated portfolio management company responsible for overseeing and managing DPG’s BTL.
UK Trade and Investment’s (UKTI) Regeneration Investment Office (RIO) said that Gulf investors have the opportunity to participate in projects leading to the development of 27 million square metres of new prime floor space and 220,000 homes.