Construction & Real Estate
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.
April 22, 2014
Total sales reached Dhs5.917 billion (1.611 billion), 94 per cent higher than the Dhs3.043 billion ($828 million) reached during the same period last year.
April 21, 2014
The Gulf state is embroiled in a number of corruption allegations regarding the event, including being accused of buying the right to host the World Cup.
April 20, 2014
“We are not yet back to 2008 prices but in some individual projects we are. So we certainly need to monitor them carefully.”
April 18, 2014
The US government says it is going to sell an Iranian skyscraper in New York City in favor of anti-Tehran plaintiffs.
April 17, 2014
Prime Minister Abdullah Ensour said this week that Jordan's economy is recovering and moving steadily forward despite the global financial crisis and the Syrian infighting.