Construction & Real Estate

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Spending on interiors is expected to increase 28 per cent
May 20, 2013 - 13:48 GMT
The UAE is expected to be the biggest spender in the GCC on home interiors and fit-outs, with an estimated $1.5 billion (Dh5.5 billion) budget in 2013 as the country’s residential market continues to grow.

December 31, 2012

Bahrain has signed six financing agreements totalling $448 million with the Saudi Development Fund
10:16 GMT

Bahrain has signed six financing agreements totalling $448 million with the Saudi Development Fund to support a number of infrastructure projects as part of the GCC Development Programme.

Delegation from Watani program
08:43 GMT

Chairman of Al Habtoor Group welcomed a delegation from Watani program at the Group's head office.

The construction sector’s contribution to the UAE’s GDP is expected to reach 11.1 per cent by 2015
08:00 GMT

The construction sector’s contribution to the UAE’s GDP is expected to reach 11.1 per cent by 2015 driven by a growing expatriate population, according to a study by the Dubai Chamber of Commerce and Industry.

December 30, 2012

ECM wins ISO 50001 2011 14001 2004 certifications
06:50 GMT
(press release)

Emaar Community Management has earned two key certifications, the ISO 50001:2011 certification for its energy management system.

December 24, 2012

Masood Al Awar, CEO of TASWEEEK
08:51 GMT
(press release)

After grappling with the possibility of more price cuts in the face of new project completions, the UAE’s real estate sector showed good stabilization prospective for the last quarter of 2012, according to a recent market intelligence report issued by TASWEEK Real Estate Marketing and Development.

Niall Mc Loughlin. Senior Vice President, DAMAC Properties
08:01 GMT
(press release)

The UAE is one of the top destinations for European expatriates looking for new opportunities and an improved quality of life, according to the latest study.

Signing of the MoU with DPG and Dubai Autism Center
07:33 GMT
(press release)

Properties Group, a member of Dubai Holding, recently established a partnership with Dubai Autism Center as part of its 2013 Corporate Responsibility Programme entitled ‘Helping Children Smile’.

December 19, 2012

Emaar Turkey project
12:31 GMT
(press release)

Emaar Properties has signed a new financing facility amounting to US$500 million with a consortium of banks including Standard Chartered Bank, Emirates NBD Capital Limited and HSBC Bank.

December 18, 2012

Bahrain is set to start on a GCC funded development project
12:27 GMT

Work on the first phase of GCC Development Programme–funded projects is set to start in Bahrain next month.

December 17, 2012

MAFV and DFWAC
08:11 GMT
(press release)

Majid Al Futtaim Ventures, who has made a long-term commitment to supporting the financial sustainability of the shelter and also the well-being of the women and children, who have been victims of abuse and violence.

December 16, 2012

The Saudi real estate market is growing
08:12 GMT

Saudi Arabia's real estate market estimated at more than SAR 1 trillion is growing at the rate of six per cent annually.

Jordan's construction industry could collapse due to unpaid government dues
06:49 GMT

Jordan's construction industry is on the verge of collapse owing to non-payment by the government.

The Address The BLVD
05:12 GMT
(press release)

Emaar Properties is offering an unprecedented opportunity for discerning customers to own a premium home within The Address The BLVD, the newly launched hotel in Downtown Dubai.

December 10, 2012

Masood Al Awar, the CEO of TASWEEK Real Estate Marketing and Development
08:40 GMT
(press release)

New regulations on real estate financing, leasing and supervision of financial companies issued by the Saudi Arabian Monetary Agency (SAMA) are expected to transform the Saudi property landscape.

December 9, 2012

Dubai Hills
10:12 GMT
(press release)

Emaar Properties and Dubai Holding announced by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President has unveiled Dubai Hills, the first project in the new ‘city within the city’ development.