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Nakheel plans new residential project on Palm Jumeirah

Dubai-based developer Nakheel plans to build a new 192-unit residential project on one of its... Read full article »
United Arab Emirates: Monday, May 21 - 2012 at 11:15

UAE's Danube to open 40 new outlets over next four years

Construction, building materials and home interiors group, Danube has announced plans to more-... Read full article »
United Arab Emirates: Sunday, May 20 - 2012 at 11:26

Tech Group signs $47 million Iraq construction deals

Ajman-based construction firm, Construction Tech has said it has secured two contracts in Iraq... Read full article »
Iraq: Saturday, May 19 - 2012 at 12:41

Dubai courts to consider legal cases as Nakheel stands alone

The legal affairs department of the Dubai government has said Dubai Courts will hear cases... Read full article »
United Arab Emirates: Thursday, May 17 - 2012 at 10:45

Egyptian Resorts posts EGP5.5m loss

Egyptian Resorts has reported a loss of EGP5.5m in the first three months of the year, compared... Read full article »
Egypt: Thursday, May 17 - 2012 at 10:44

Egypt's Sodic appoints ex-regulator as new chairman

Egypt's former top financial regulator, Hani Sarei-Eldin has been named by property developer Six... Read full article »
Egypt: Thursday, May 17 - 2012 at 10:44

Drake & Scull's Q1 profit falls 18%

Dubai-based construction firm, Drake & Scull International (DSI) has posted an 18% fall in... Read full article »
United Arab Emirates: Wednesday, May 16 - 2012 at 11:11

Egypt's Palm Hills posts $2.7m net loss in Q1

Egypt's second-largest listed developer, Palm Hills has reported a net loss of EGP16.3m ($2.7m)... Read full article »
Egypt: Wednesday, May 16 - 2012 at 11:09

Egypt developer Talaat Moustafa sees 2.5% profit climb

Egypt's largest listed property developer, Talaat Moustafa Group (TMG) has reported a 2.5% rise... Read full article »
Egypt: Tuesday, May 15 - 2012 at 10:34

Arabtec denies Aabar Investments majority stake

Dubai-based construction firm, Arabtec has denied a report in a local newspaper that shareholder... Read full article »
United Arab Emirates: Tuesday, May 15 - 2012 at 10:34

Omran floats tenders for convention centre project

Oman's public tourism development firm, Omran has floated tenders for the second package of the... Read full article »
Oman: Tuesday, May 15 - 2012 at 10:33

Abu Dhabi's Aabar Investments takes 53% Arabtec stake

Abu Dhabi fund Aabar Investments has raised its stake in Arabtec Holding to 53%, effectively... Read full article »
United Arab Emirates: Monday, May 14 - 2012 at 11:38

Saudi Arabia allows S. Korean firms to bid for housing projects

Saudi Arabia has signed an agreement with South Korea to exempt Korean construction firms from... Read full article »
Saudi Arabia: Sunday, May 13 - 2012 at 11:23

UAE to follow up on housing for citizens

A government committee in the UAE has approved the names of 80 citizens eligible for housing in... Read full article »
United Arab Emirates: Saturday, May 12 - 2012 at 12:23

Aabar inks $2bn real estate deal with China State Construction

Abu Dhabi sovereign fund Aabar has signed an agreement with China State Construction Engineering... Read full article »
United Arab Emirates: Thursday, May 10 - 2012 at 11:16
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