Construction & Real Estate

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A unit of the new high-speed train is loaded onto a freighter in Barcelona on December 12, 2014, bound for Jeddah City in Saudi Arabia
Saudi Arabia has given a "final warning" to avoid delays on an $8.2 billion high-speed rail project which Spanish and Saudi firms are helping to build.

March 17, 2011

DIFC mortgage system
11:20 GMT
(press release)

DIFC today launched a Feasibility Study for the establishment of a mortgage system in the UAE based on the principles of the Danish Mortgage Model.

March 16, 2011

Saeed Hashmi, Head of Valuation and Advisory at Landmark Advisory
07:48 GMT
(press release)

Today, Landmark Advisory, one of the leading real estate consultancy companies in the Middle East, released its Quarterly Report for Q4 2010.

March 15, 2011

Global City 2011, Abu Dhabi
15:09 GMT
(press release)

The culmination of months of careful planning and hard work, the eagerly anticipated Global City 2011, Abu Dhabi, opens today at Emirates Palace.

Sorouh receiving the award
08:53 GMT
(press release)

Sorouh Real Estate, the Abu Dhabi-based real estate developer, has been awarded the extremely prestigious Gold Category at The Century International Quality ERA Award.

March 14, 2011

During the press conference
13:52 GMT

The Dubai Harvard Foundation for Medical Research (DHFMR) is pleased to announce The Khalaf Al Habtoor Harvard Medical Research Fellowship.

Baniyas Garden Homes
07:21 GMT

Baniyas Investment and Development Company, today announced the launch of scenic Garden Homes within Phase II of its iconic Bawabat Al Sharq project in Bani Yas City.

March 13, 2011

Al Khobar Lakes wins Saudi BuildInfra Award
08:56 GMT
(press release)

Al Khobar Lakes, the premier waterfront development by Emaar Middle East, the subsidiary of Emaar Properties PJSC, has won the ‘Best Retail Project’ honour at the Saudi BuildInfra Awards 2011.

March 10, 2011

Adnan Sharafi, Chairman, Emirates Green Building Council
14:46 GMT
(press release)

Clarion Events Middle East announced it will host four summits during the event – Building Smart, Infrastructure, Climate Control, and Green Building.

March 9, 2011

Emaar Properties
14:34 GMT
(press release)

Emaar Properties PJSC has been honoured by the Emirates Securities and Commodities Authority for implementing and complying with the new UAE Code of Governance within the stipulated timeframe.

Elaine Jones, CEO, Asteco Property Management
10:39 GMT
(press release)

Enquiries for leasing office space in Dubai were up 20% in the first two months of 2011, according to the latest figures released from UAE-based property management company Asteco.

Global construction will grow by 67% from $7.2 trillion to $12 trillion annually by 2020
09:46 GMT
(press release)

US$ 4.3 trillion expected to be spent on construction across the Middle East and North Africa over the next decade, representing growth of 80% to 2020.

Saeed Hashmi, Head of Valuation and Advisory at Landmark Advisory
08:44 GMT
(press release)

Three months into the new year and we have all been witness to the increase in construction work on previously stalled residential projects.

March 8, 2011

Khalaf Al Habtoor (left) with Ambassador of Bosnia and Herzegovina to the UAE and Bahrain (middle)
14:13 GMT

Khalaf Al Habtoor, Head of the Al Habtoor Group, met with the Ambassador of Bosnia and Herzegovina to the UAE and Bahrain, in Dubai on March 3, to discuss both business and politics.

March 6, 2011

Green Building Solutions Conference & Exhibition Doha 2011
14:03 GMT
(press release)

The 1st Green Building Solutions (GBS) Conference & Exhibition Doha 2011 closed its doors with a dinner that attracted 400 participants.

March 3, 2011

Sun and Sky towers
14:29 GMT
(press release)

Sorouh Real Estate Company, the Abu Dhabi-based real estate developer, has started a phased handover to owners of their new homes in Sun and Sky towers, part of Sorouh’s Shams Gate District.