Recent

KSA should be able to provide goods and services for its local market as well as build globally competitive export industries. (Shutterstock)
September 18, 2018 - 08:42 GMT
Saudi Arabia stands to collect an “infrastructure dividend” worth billions as it pushes ahead with its diversification drive, powered by a localization program involving partnerships between KSA enterprises and overseas firms to ensure wealth cascades down to the wider population, say experts.
Marbella Villas provide direct beach access and offer a luxurious leisure lifestyle with open sea vistas and full amenities just steps away
September 14, 2018 - 13:27 GMT
RAK Properties, one of the UAE’s leading property development and tourism infrastructure companies, introduced its newly appointed CEO Mr Samuel Dean Sidiqi for an update on progress at its innovative and luxurious leisure development on Hayat Island, this came during a press conference held Thursday evening at Dubai Four Seasons Hotel and Resort.
Emaar refutes the report by a section of the media. (Shutterstock)
September 12, 2018 - 06:48 GMT
Property developer Emaar Properties on Tuesday rejected media report that it plans to offer 10-year visa to investors on purchase of properties in its projects.
His Excellency Mohamed Khalifa Al Mubarak, Chairman of Aldar Properties, His Excellency Saif Al Hajeri, Chairman of the Department of Economic Development, His Excellency Ahmed Al Sayegh, Minister of State and Chairman of Abu Dhabi Global Market and Talal Al Dhiyebi, Chief Executive Officer, Aldar Properties at the launch of Aldar Investments at Abu Dhabi Global Market (ADGM).
September 12, 2018 - 06:31 GMT
Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, today announces the creation of Aldar Investment Properties, the region’s largest diversified real estate investment company.
Trade volume at Amman offices and the DLS headquarters amounted to 69 per cent of the Kingdom's trade, totalling JD2.4 billion. (Shutterstock)
September 05, 2018 - 11:38 GMT
Trade volume in the Kingdom’s real estate market reached JD3.5 billion as of August 2018, dropping by 13 per cent from JD4.038 billion in the same period last year.
Construction was the most active segment of the GCC projects market in 2017. (Shutterstock)
September 03, 2018 - 10:16 GMT
Construction and transport project contract awards in the GCC totalled about $63 billion in 2017, a 21 percent fall from the $76.5 billion awarded in 2016, Middle East Economic Digest (MEED) has said in its latest report.
Syria has suffered immense physical destruction, while millions of workers have fled, been conscripted or killed. (AFP)
September 03, 2018 - 08:17 GMT
As Syrian President Bashar al-Assad attempts to turn military success into postwar reconstruction, Western sanctions are a major obstacle that could scare off foreign companies.
The project is expected to draw a large number of tourists to Ras Al Khaimah through offering the ultimate weekend getaway.
September 02, 2018 - 13:05 GMT
RAK Properties is collaborating with leading international British architectural design firm RMJM to create a unique take on outdoor entertainment on Hayat Island at Mina Al Arab, Ras Al Khaimah (RAK) that will create a destination in which to visit and live.
MAG EYE units
September 02, 2018 - 11:20 GMT
MAG Lifestyle Development (MAG LD), the property development arm of MAG Group Holding, is proud to reveal the successful sales numbers of MAG EYE units.
Sources disclosed there is a law that allows expatriates to possess one real estate property measuring 1,000 square meters maximum which should be used for private housing. (Shutterstock)
September 02, 2018 - 10:00 GMT
The right to possess real estate properties in the country is limited to citizens – either usufruct or absolute ownership.
Construction permits covered an area of 5,693,998 square meters in the first seven months of 2018. (Shutterstock)
August 28, 2018 - 11:23 GMT
Construction permits in Lebanon in the first seven months of 2018 declined by 20.1 percent compared to the same period of 2017, according to the Order of Engineers of Beirut and Tripoli.
Foreigners bought 5,367 properties in Turkey during the first quarter of 2018, compared to 4,316 last year. (Shutterstock)
August 26, 2018 - 13:00 GMT
The plunge in the value of the Turkish lira has fueled a foreign investor buying spree for Istanbul apartments, with the most interest coming from Gulf countries.
The Dubai Hills Mall and Dubai Hills Park, Dubai Hills Estate is a serene and lush master-development located only 15 minutes from Downtown Dubai. (Shutterstock)
August 15, 2018 - 10:50 GMT
Dubai Hills Estate, one of the largest master-planned communities in the city developed by Emaar Properties as a joint venture with Meraas, is underlining its commitment to environmental sustainability by saying no to plastic bottles across its site offices.
Construction is progressing as per schedule for handover of the first waterfront homes in Dubai Creek Harbour – the Dubai Creek Residences in Creek Island Dubai – next year.
August 13, 2018 - 13:04 GMT
Emaar Development PJSC, the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC, reported a net profit of AED 1.82 billion (US$ 496 million) during the first six months.
According to a report by Daily News Egypt, the length of the residency offered will be tied to the cost of the property, with five years being the maximum length offered. (Shutterstock)
August 08, 2018 - 13:35 GMT
The government of Egypt intends to offer residency to investors that purchase property within the country.
Creek Marina in the heart of Creek Island Dubai.
August 07, 2018 - 12:50 GMT
If you cherish the yachting lifestyle, if you love the thrills of a setting sail, here is your dream destination right in the heart of Dubai.