Construction & Real Estate
June 25, 2014
Dubai developer Nakheel will repay all AED 7.9 billion owed to bank lenders with an early repayment in August 2014, nearly four years before the final loan instalment due in March 2018, the company reported today.
The 34 properties are located in a private-gated community in the 42 million sq ft Akoya by DAMAC master development off Umm Suqeim Road in Dubai.
Recent industry reports have shown that Dubai has jumped to the lead in the global race to become a fully-fledged Smart City.
June 24, 2014
With the support of the Business Council for International Understanding (BCIU), a delegation from Aqaba, Jordan, will be in New York to highlight foreign investment opportunities in Aqaba for U.S. companies.
Emaar Middle East, the developer of iconic projects in Saudi Arabia, has unveiled the most prestigious commercial real estate development in Jeddah.
June 22, 2014
Real estate shares dragged the Dubai index below 4,500 points, led by Arabtec.
In a pursuit to successfully transition into a Smart City, the government plays a vital role in ensuring that right programs and initiatives are implemented.
June 18, 2014
The chief executive of major Dubai construction firm Arabtec resigned on Wednesday after a tumultuous six weeks during which the company's share price plunged as much as 50 percent;
June 17, 2014
In Q1 2014, there were around 13,279 individuals carrying out property transactions, up 81 per cent compared to 7,339 during the same period last year.
June 16, 2014
DAMAC Properties has announced its iconic DAMAC Tower in the prime area of Solidere, Beirut has been topped off, just days after the city was named the number one emerging city in the world for real estate investment.
June 12, 2014
His Majesty King Abdullah on Wednesday launched Abdali Boulevard, a JD300 million project, which is part of the $5 billion Abdali project, the largest mixed-use urban development scheme in Amman.
June 11, 2014
RAK Properties, Ras Al Khaimah's biggest property developer listed on the Abu Dhabi Stock Exchange, is set to host an Open House day as part of the launch of the company’s new Bermuda Villas project.
June 10, 2014
Dubai has become home to one of the strongest real estate markets internationally.
The Italian firms’ interest in Abu Dhabi market shows growing appittite among government, corporate and individual clients to get the best out of innovators.
June 9, 2014
Ethiopian Foreign Minister Tedros Adhanom has invited Egypt's newly-inaugurated President Abdel-Fattah El-Sisi to visit his country, Al-Ahram's Arabic news website reported.