Construction & Real Estate

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Spending on interiors is expected to increase 28 per cent
May 20, 2013 - 13:48 GMT
The UAE is expected to be the biggest spender in the GCC on home interiors and fit-outs, with an estimated $1.5 billion (Dh5.5 billion) budget in 2013 as the country’s residential market continues to grow.

December 16, 2012

The Saudi real estate market is growing
08:12 GMT

Saudi Arabia's real estate market estimated at more than SAR 1 trillion is growing at the rate of six per cent annually.

Jordan's construction industry could collapse due to unpaid government dues
06:49 GMT

Jordan's construction industry is on the verge of collapse owing to non-payment by the government.

The Address The BLVD
05:12 GMT
(press release)

Emaar Properties is offering an unprecedented opportunity for discerning customers to own a premium home within The Address The BLVD, the newly launched hotel in Downtown Dubai.

December 10, 2012

Masood Al Awar, the CEO of TASWEEK Real Estate Marketing and Development
08:40 GMT
(press release)

New regulations on real estate financing, leasing and supervision of financial companies issued by the Saudi Arabian Monetary Agency (SAMA) are expected to transform the Saudi property landscape.

December 9, 2012

Dubai Hills
10:12 GMT
(press release)

Emaar Properties and Dubai Holding announced by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President has unveiled Dubai Hills, the first project in the new ‘city within the city’ development.

December 6, 2012

The Heights in Amman
10:05 GMT
(press release)

DAMAC Properties, the largest luxury private developer in the Middle East, has announced that The Heights in Amman, Jordan is now topped out.

December 4, 2012

Msheireb downtown Doha
11:37 GMT
(press release)

Msheireb Properties announced that it has appointed a consortium of Arabtec Construction UAE and Arabtec Construction Qatar as the main contractor for Phase 2 of Msheireb Downtown Doha.

December 2, 2012

Barwa commercial avenue
11:27 GMT
(press release)

Construction of Barwa Commercial Avenue, which stretches over an impressive 8.5 kilometers in length is well on track to become Doha’s ultimate retail and residential destination.

November 28, 2012

Al Habtoor group with Emaar
04:49 GMT

The Al Habtoor Group and Emaar are in talks to collaborate on investments in Belarus.

November 27, 2012

During Union Tree Initiative
08:55 GMT
(press release)

Khalid Al Malik, Group CEO of Dubai Properties Group this week participated in the ‘Union Tree’ planting campaign to celebrate the 41st UAE National Day.

Msheireb Downtown Doha
08:40 GMT
(press release)

Msheireb Properties announced that it had awarded the contract for the construction of the raft foundations of Phase 3 of its flagship project Msheireb Downtown Doha to HBK Contracting Company.

UAE National Day
06:07 GMT
(press release)

Global property developer Emaar Properties will herald in the celebrations of the season with the second Downtown Dubai Parade, National Day.

November 26, 2012

Housing prices in Jordan are set to surge by 15 - 20 per cent
07:42 GMT

Residential property prices in Jordan are expected to surge by 15 to 20 per cent next summer, caused in part by the government's decision to increase the cost of fuel, adding to inflation woes and hurting already hard-pressed citizens.

November 25, 2012

Time for Dubai 3.0 with a new mega-city plan
11:49 GMT

An ambitious new mega-city, including the world’s largest mall and a park bigger than London’s Hyde Park, was announced yesterday— kickstarting the “Dubai 3.0” development plan, according to a statement from the Dubai Government’s media office.

Masood Al Awar, CEO, TASWEEK Real Estate Marketing & Development
07:01 GMT
(press release)

Several foreign real estate firms are eyeing strategic partnerships with the UAE’s top property players to capitalize on the positive outlook for the local market.