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Saudi Arabia to see decline in real estate prices this year
The real estate committee of Saudi Arabia's Eastern Province Chamber has said real estate prices... Read full article »
Value of GCC projects grows to $2trn
According to a report by Citigroup Inc., projects planned and underway across the GCC region... Read full article »
Qatar to demolish old buildings
Qatar's municipality and urban planning ministry is preparing a list of old and dilapidated... Read full article »
Qatar to set up tenders panel
The Qatari cabinet has approved a draft resolution to set up a 'Tenders & Auctions Committee' at... Read full article »
Lebanon's real estate deals rose in December
Lebanon's real estate sector has witnessed robust activity during the last month of 2012, with... Read full article »
Oman selects Larsen & Tubro to build new university
The Omani unit of India's Larsen & Tubro has won a contract to build a new university in the... Read full article »
Chinese contractors secure Jubail infrastructure contracts
Saudi Arabia's Royal Commission for Jubail and Yanbu (RCJY) has awarded two contracts worth... Read full article »
Bahrain to spend over $2.5bn on infrastructure by 2023
Bahraini works minister Essam Khalaf has said the government will spend more than $2.5bn (BD945m)... Read full article »
Renaissance Services awarded contract for OR38m labour village
Oman's Special Economic Zone at Al Duqm Authority (SEZAD) has awarded Renaissance Services Co for... Read full article »
Dar Al Arkan reports 50% decline in Q4 profit
Saudi Arabia's largest real estate developer, Dar al Arkan, has said its fourth-quarter net... Read full article »
Aldar, Sorouh reach initial merger deal
Abu Dhabi's Aldar and Sorouh have reached an initial agreement to merge via a share swap, with a... Read full article »
Nakheel issues Dhs121m sukuk
Nakheel has issued a sukuk worth Dhs121m ($32.94m), the third tranche of an Islamic bond that... Read full article »
Interserve acquires Oman Construction
UK-based support services and construction group, Interserve has acquired The Oman Construction... Read full article »
Saudi Arabia awards SR1.9bn in contracts for Jeddah projects
The municipality of Jeddah has awarded more than SR1.9bn in contracts for different projects... Read full article »
UAE to handover 228 houses to citizens
The UAE government is set to deliver around 228 houses to UAE citizens at South Barsha, as part... Read full article »
