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.

November 25, 2012

GDP down in Egypt
06:56 GMT

As figures released show that Egypt's debt and deficit are increasing, the latest figures also show that Egypt’s economy growth rate dropped again, to 2.6 per cent, down from 3.3 per cent.

The World Bank is to offer financial and technical assistance to Yemen
06:40 GMT

The World Bank has approved US$90 million to fund various projects in Yemen, after successful talks in Cairo. The money will also come with technical assistance and the provision of "institutional support".

November 20, 2012

Emaar Properties
10:28 GMT
(press release)

Emaar Properties

Masood Al Awar, the CEO of TASWEEK Real Estate Marketing & Development
07:32 GMT
(press release)

Masood Al Awar, the CEO of TASWEEK Real Estate discussed market trends and the prevailing positive industry outlook in a keynote speech delivered during the 7th Arabian Business Economic Forum.

November 18, 2012

DAMAC Properties
06:09 GMT
(press release)

DAMAC Properties has announced the signing of a memorandum of understanding (MoU) with Al Fao General Engineering Company.

Msheireb Properties-Fikra at the Msheireb Enrichment Centre
04:42 GMT

Msheireb Enrichment Centre hosted Qatar’s first Human Development Majlis organized by FIKRA Consulting and Research.

November 14, 2012

Abu Dhabi has introduced rental price control to increase 'stability'.
12:13 GMT

Abu Dhabi has capped annual rent increases at five per cent and extended tenancy contracts stipulated in the rent law to November 9, 2013.

John Stevens, Managing Director, Asteco Property Management
08:53 GMT
(press release)

Asteco Property Management has announced that John Stevens has been promoted to the position of Managing Director, with a mandate to take the Dubai-headquartered firm’s real estate capabilities.

November 8, 2012

During the visit
04:45 GMT

The Chairman of the Al Habtoor Group received Major-General Mohammad Ahmed Al Marri at the Al Habtoor Group head office.

November 5, 2012

During the event
08:38 GMT
(press release)

Msheireb Properties has appointed Brookfield Multiplex Medgulf WLL, as the main building contractors responsible for a key section of the master plan of the QR20 billion Msheireb Downtown Doha.

October 30, 2012

Step inside luxury. The iconic Versace Home entrance of The Residences at Al Jawharah, Jeddah
08:53 GMT
(press release)

DAMAC Properties has continued its success during the property awards season, collecting five distinguished awards across three events.

Latest investment
05:02 GMT

His Highness Sheikh Mohammed bin Rashid Al Maktoum visited the Al Habtoor Group head office on Al Wasl Road with His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum.

October 24, 2012

During Insights on Leadership Forum
07:40 GMT
(press release)

Dubai Properties Group (DPG), a member of Dubai Holding, held the second session of the ‘Insights on Leadership’ forum this week.

October 23, 2012

Downtown Dubai by Emaar Properties
11:35 GMT
(press release)

Emaar Properties, reported a net operating profit of AED 1.607 billion for the first nine months of 2012, 29% higher than the net operating profit of AED 1.249 billion during the same period in 2011.

October 11, 2012

DPG Stand at Cityscape
09:46 GMT

Dubai Properties Group reported a significant increase in interest from potential investors in its diverse portfolio of Built to Sell and Built to Lease projects at the recent Cityscape Global event 2012.