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,

January 25, 2011

Burj Khalifa, soon to be surpassed by a Mile-High Tower proposed for construction in Jeddah
14:18 GMT

This is a question for the elevator engineers at the Burj Khalifa, Dubai, UAE. Here are a few interesting facts they have told us about the elevators in the world's tallest building.

Building material
08:24 GMT
(press release)

New research indicates that the construction industry in the UAE is expected to be as much as 20 per cent annual CAGR rate between 2010 and 2013.

Arif Naqvi, the Founder and Group CEO of Abraaj Capital and Amr Dabbagh, the Governor of SAGIA
08:21 GMT
(press release)

Abraaj Capital and SAGIA jointly announced today Abraaj Capital’s plans to initiate a SAR 2 Billion investment platform dedicated exclusively to investing in the Kingdom of Saudi Arabia.

January 24, 2011

Khaldoun Tabari, Vice Chairman and CEO of Drake & Scull International
13:45 GMT

Drake & Scull International (DSI) PJSC has secured a Mechanical, Electrical and Plumbing (MEP) contract for the ‘Nile Corniche Project’ (NCP) in Cairo.

Jumeirah Lakes Towers
10:02 GMT
(press release)

The Dubai Multi Commodities Centre Authority (DMCC), the free zone authority for the Jumeirah Lakes Towers (‘JLT’), today announced that 2010 saw strong growth with over 725 new company registrations

Tamweel
08:59 GMT
(press release)

Tamweel PJSC, the UAE Islamic home finance provider, announced today the launch of a promotional finance offer starting at just 4.99 per cent per annum.

January 23, 2011

At.mosphere restaurant in Burj Khalifa
13:56 GMT
(press release)

The world’s highest restaurant 'At.mosphere' has opened in the world’s tallest building in Dubai.

January 20, 2011

Khalil Sholy, UDC’s Managing Director and President
15:14 GMT

United Development Company (UDC) has reported an increase of Net profit to QR 617 million compared to QR 515 million in 2009, representing an increase of 20%.

January 18, 2011

Damac Properties
08:26 GMT
(press release)

Damac Properties amongst first developers in the Kingdom to obtain license under new real estate law.

January 17, 2011

During the signing
15:04 GMT
(press release)

The Government Purchase Programme (GPP) at the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (MBRE) has secured a commitment from Kele Contracting,

Al Habtoor and Starwood executives
14:08 GMT

Mohammed Al Habtoor, vice-chairman and CEO of Al Habtoor Group met with the senior leadership of one of the world’s largest hotel companies Starwood Hotels & Resorts Worldwide, Inc.

Panoramic view of Doha
11:08 GMT
(press release)

The immediate impact of FIFA’s decision to host the 2022 World Cup in Qatar has boosted confidence in the local property market, according to the latest data from Asteco property management.

January 16, 2011

Seef Mall
14:31 GMT
(press release)

Seef Properties unveiled a multi-million dinar plan at a press conference held today that marks a new era for its signature property and well-known landmarks, Seef Mall.

Abu Dhabi-based Aldar Properties
11:45 GMT

Aldar Properties PJSC unveiled a series of steps designed to solidify the company’s position for long-term, ustainable growth.

Al Fajer properties
11:22 GMT

One of the UAE’s leading real estate developers, Al Fajer Properties (“AFP” or “the Company”), today announces that it is to take legal action against customers who have defaulted on payments