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Bahrain set to complete 6,000 houses in six months
Bahrain's housing ministry has announced some 6,000 new government homes are to be ready within... Read full article »
Al-Futtaim completes handover of Phase I of Cairo Festival City's Business Ville
Al-Futtaim Group Real Estate (AFGRE), the real estate development and operations arm of Al-... Read full article »
Jeddah levelling mountains to create residential areas
The municipality of Jeddah is planning to level nearby mountains in order to create more housing... Read full article »
Talaat Mustafa posts 5.5% drop in 2012 profits
Egyptian property developer Talaat Moustafa Group (TMG) has posted a 5.5% decline in it its 2012... Read full article »
Oman to tender contracts for new sports complexes
Omani sports affairs ministry is set to float a tender to build new sports complexes in different... Read full article »
Arabtec says Aabar not seeking to up stake
Hasan Ismaik, the newly-appointed CEO of Arabtec Holding, has said Aabar Investments has no plans... Read full article »
TDIC invites contractors to bid for Zayed Museum contract
Abu Dhabi's Tourism Development and Investment Co (TDIC) has invited prequalification bids for... Read full article »
Aldar, Sorouh merger approved
The shareholders of Abu Dhabi-based developers Aldar Properties and Sorouh Real Estate have given... Read full article »
Emaar's new project in Dubai 'sold out'
Dubai's Emaar Properties has sold all of the units in The Address Residence Sky View project,... Read full article »
Iran spends $170bn annually on construction
The head of the Iranian Civil Engineering Organisation, Mehdi Hashemi has said the country spends... Read full article »
Sharjah freezes rent hikes for three years
Owners of buildings in the emirate of Sharjah have been warned by the municipality to not hike... Read full article »
Seef Properties reports 21.4% rise in income
Bahrain's Seef Properties has posted a marginal decline in its net profit for last year to BD8.... Read full article »
SODIC posts 165% surge in 2012 revenue
Egypt's Six of October Development and Investment (Sodic) has reported a net profit of EGP257.3m... Read full article »
Arabtec names new CEO, to raise $1.74bn
The UAE's largest construction firm, Arabtec Holding has appointed Hasan Ismaik to replace Riad... Read full article »
Carillion has $318m 'probable' Mideast orders
UK-based Carillion has said new and probable orders for this year are expected to be worth some £... Read full article »
