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Infrastructure and Property

Infrastructure and Property latest

Palma Development Announces 94% Construction Progress at Serenia Living
October 22nd, 2025 - 03:40 GMT

Palma Development Announces 94% Construction Progress at Serenia Living

Palma Development, one of the pioneering developers in the UAE real estate industry, has announced that Serenia Living, its AED 3 billion ultra-premium beachfront development, currently valued at over AED 6 billion, on the crescent of Palm Jumeirah, has reached 94% completion. This milestone marks a significant step toward final delivery of one of Dubai's most coveted projects, further reinforcing Palma's dedication to timely project delivery. Serenia Living is a uniquely designed development featuring 226 exclusive residences, including two-, three-, and four-bedroom apartments, full-floor and half-floor penthouses, and one of ...
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An IMF report on the UAE economy says that the quality of loans taken by households — a measure of financial strain for home buyers — has improved. (Shutterstock)
October 5th, 2016 - 11:00 GMT

Dubai's softening real estate values open opportunities to get on property ladder

The new capital is one of a series of mega-projects announced by President Sisi designed to attract foreign investment and create jobs. (EPA/Khaled Elfiqi)
October 5th, 2016 - 06:17 GMT

Egypt's China-backed, $20B capital 'will be as big as Singapore'

Al Meera is on the path to completing 11 of the 14 shopping centres expansion plan that the supermarket retail chain announced last year. (Al Meera Qatar)
October 3rd, 2016 - 08:30 GMT

Qatar's Al Meera to expand with five new shopping centers

The property was sold to family holding entities related to Shahid Khan, founder of Flex-N-Gate Group and CEO of the Jacksonville Jaguars and the London-based Fulham Football Club. (AFP/Fayez Nureldine)
October 3rd, 2016 - 06:30 GMT

Saudi Prince Al Waleed bin Talal sells Toronto Four Seasons for $170M

The awarded tenders were for projects related to roads, sanitary engineering and construction. (Shutterstock)
October 2nd, 2016 - 08:00 GMT

Bahrain opens bids for $17.8M in infrastructure projects

Egypt has been scrambling to attract investment needed to restore growth since the 2011 uprising, which ushered in protracted political turmoil and scared away tourists and foreign investors. (Wikimedia Commons)
September 27th, 2016 - 06:30 GMT

Egypt seeks $10B FDI for major infrastructure upgrades

Build-operate-transfer (BOT) port projects have also seen a high failure rate, including Aqaba New Port in Jordan. (Construction Week Online)
September 26th, 2016 - 08:30 GMT

Nearly a quarter of Gulf public-private partnerships have collapsed: MEED

The Dh4-billion medical city will accommodate 732 hospital beds, including two royal and 36 VIP suites, 424 hospital beds for post-operative inpatients and 120 for the maternity and infant ward. (Seha)
September 26th, 2016 - 07:30 GMT

Abu Dhabi's billion-dollar Medical City set for handover in 2017

Headquarters of Kuwait Projects Company (Kipco), the country's largest investment company. (Kipco)
September 26th, 2016 - 05:30 GMT

Kuwait Projects Company breaks ground on $2.5B real estate project

Costa Brava is one of two landfills of a government plan to end the country’s trash crisis, which began July of last year with the closure of the Naameh landfill after 17 years of operation. (The Daily Star/ Hasan Shaaban)
September 25th, 2016 - 07:30 GMT

Waste not, want not: Lebanon's trash problem back to the fore with landfill protesters

Fujairah Port is already the world's second largest bunkering hub. (FujairahPort.ae)
September 22nd, 2016 - 05:00 GMT

UAE opens country's first VLCC berth in Fujairah

Turkish contractors have so far completed approximately $6.3 billion projects in Kuwait. (Wikimedia Commons)
September 21st, 2016 - 07:00 GMT

Turkey eyes over 500 investment opportunities in Kuwait

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