Construction & Real Estate
May 7, 2014
Real estate trading in the Kingdom went up by 26 per cent during the first four months of 2014.
The Suez Canal project was a main feature in the campaigns of the most prominent candidates in the 2012 election.
The Boulevard is part of the $5 billion Abdali project, the largest mixed-use urban development scheme in Amman.
May 6, 2014
AECOM Technology Corporation has been awarded an 18-month contract to provide management consultancy services to the Jeddah Metro Company.
May 5, 2014
RAK Properties, Ras Al Khaimah's (RAK) biggest property developer listed on the Abu Dhabi Stock Exchange, held groundbreaking ceremony recently for its landmark development project, Flamingo Villas.
DAMAC Hotels, the hospitality arm of DAMAC Properties, has officially launched the first fully certified Sharia-Compliant serviced hotel apartments in Dubai during the Arabian Travel Market (ATM) Exhibition.
Buoyed by the wealth of Russian oligarchs, Chinese tycoons and Arab sheikhs, London has become one of the most expensive markets on earth, raising concerns ahead of parliamentary elections in 2015 that locals are being squeezed out of the market.
May 4, 2014
DAMAC Properties, has announced the launch of NAIA by DAMAC, its latest hotel management services company, which will cater to guests in more than 2,200 Hotel Apartment units across the city by the end of 2014.
May 1, 2014
Work on a metro system through Saudi Arabia's holy city is expected to begin in 2016.
TASWEEK Real Estate Development and Marketing has announced that its Board of Directors has distributed 60 per cent of its 2013 profits to shareholders as bonus shares.
April 30, 2014
A major construction phase of Bahrain Bay has been completed. The tower will house Wyndham Grand Collection Manama hotel and corporate offices upon completion.
April 29, 2014
Emaar Hospitality Group is highlighting its strategic initiatives to support Dubai’s Tourism Vision 2020 to welcome more than 20 million annual visitors by the turn of the decade at the Arabian Travel Market 2014.
Dubai Properties Group (DPG), the development arm of Dubai Holding, today confirmed its participation at the upcoming Arabian Travel Market.
The major construction activities on the Expo 2020 site will be completed by October 2019, allowing for a full year of readiness testing across networks, systems and technologies.
April 28, 2014
RAK Properties revealed its excellent performance for the first quarter of 2014, achieving a net profit of AED 42 million as compared to the AED 40 million posted over the same period in 2013.