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Saudis able to pay rent ‘to get priority over properties’
Separate committee to look into those unable to afford leasing homes - report. Saudi Arabia’s ministry of housing will prioritise allotment of...
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Dubai’s Emaar posts 8% higher Q2 profit
Developer sees net profit touch $346 million in second quarter of 2016. The Dubai-listed Emaar Properties reported 8% higher net profits for...
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Kuwait ‘to invest $15.75bn in 2017-18 development plan’
$5.27bn will be borne by state budget, while the rest will be covered by public and private sectors. Kuwait has announced plans...
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Dubai South awards $82m infrastructure contract to Tristar
Mobilisation of Residential District infrastructure works expected to begin immediately, with completion scheduled for Q4 2017. Master developer Dubai South has awarded...
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TDIC inks Saadiyat Lagoons enabling works deal
Western Bainoona Group will take on six-month contract for ground improvements and site clearance for phase one of project. The Abu Dhabi...
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Al Futtaim Carillion ‘preferred bidder’ for Abu Dhabi’s Reem Mall
Mall developer says it will enter into exclusive, detailed contract negotiations with contractor. Al Futtaim Carillion has been named as the preferred...
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Big Project ME – August 2016
Big Project ME, your one-stop guide to construction developments in the region, The Big Project..
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Football star Gary Neville plans $263m Manchester project
Former Manchester United star unveils plans for twin towers development . Gary Neville, the former Manchester United and England footballer, has revealed...
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Wind tests completed for $1bn Dubai tower
The Tower, which is set to soar 100m above the Burj Khalifa, undergoes wind tunnel tests and seismic studies. Emaar Properties has...
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Dubai developer Vincitore conducts roadshow in Nigeria
Developer of the $37m Vincitore Palacio in Dubai is upbeat about rise in Nigerian investment in the UAE. Vincitore Real Estate Development,...