Construction & Real Estate

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Shayne Nelson said that the UAE attracted safe investments from the likes of Iraq and Syria (File/AFP)
August 28, 2014 - 10:22 GMT
With turmoil continuing in the Middle East, the UAE has been the safe haven for many people in terms of property and flights, according to a senior banker.

April 24, 2014

The two luxury four and five star hotels will offer over 1,000 rooms (File/AFP)
16:36 GMT

Muscat will award contracts shortly for construction to take place on two hotels, according to Oman Daily Observer.

The response comes ahead of the sales event scheduled for 6 April at the Conrad Hotel Dubai on Sheikh Zayed Road from 9:00am - 6:00pm
08:47 GMT
(press release)

Deyaar Development announced record online booking registrations for purchase of luxury hotel apartments at ‘The Atria’ in Business Bay.

Juman Park is designed to be a special public amenity and we are very pleased to place this major project in the very capable hands of New Job
07:53 GMT
(press release)

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 16th Annual General Meeting
05:30 GMT
(press release)

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 JEC seeks to achieve new world records using latest technologies for foundation works of high rise buildings.
03:55 GMT

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

The base expansion has been hailed as one of the biggest British Navy investments on foreign soil, costing $16.6 million (File/AFP)
14:49 GMT

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 event includes “Mind Games” competitions pitting more than 100 children from different Qatari schools and learning centers between the ages of 14 and 16
11:47 GMT

The Pearl-Qatar will host the “Talented Child Festival” at the Amphitheater – La Croisette 31 – on April 25 and May 2, 2014.

TASWEEK Real Estate Development and Marketing is a one-stop shop for property development driven by the core competencies of networking and know-how
08:51 GMT
(press release)

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.

Arif Mubarak; Dubai Properties Group Chief Executive Officer
08:46 GMT
(press release)

Dubai Properties Group has announced the establishment of Masat, a new dedicated portfolio management company responsible for overseeing and managing DPG’s BTL.

Projects in the pipeline include the 300-acre Titanic Quarter in Belfast, Northern Ireland, consisting of a boutique hotel, financial services centre, new retail development, film and media hub and office space, at a total development cost of Dhs6 billion.
03:55 GMT

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

Shopping malls and retail made up over 38 per cent of total revenue at Dhs863 million.
22:44 GMT

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

Qatar also came under fire by the international human rights community after reports of migrant workers being ill-treated in the country
20:37 GMT

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

Although experts have indicated that regulations such as the doubling of property transfer fees and the mortgage law have helped curb flipping, the emirate has been seeing a rise in off plan sales in the market.
02:55 GMT

“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 36-story, 382,500 square-foot (35,535 square-meter) building is located on the Fifth Avenue in New York.
08:32 GMT

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

Ensour stressed that the Kingdom is in need of support from all Arab states to be able to continue its pan-Arab nationalist role.
22:37 GMT

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.