Magazines
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Kuwait’s KPM ‘to invest $39.5m in Egypt project’
Company to redevelop tourism and residential venue in Sharm El-Sheikh after successful purchase talks – report. Kuwait Projects Management (KPM) says it...
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New metro line to support ‘vital areas’ in Dubai’s expansion
Head of transport authority’s Rail Agency says Route 2020 will serve existing and future developments along its 15km route. The planned extension...
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Qatar’s real estate price index sees drop in Q2
Official data reveals 3.8% decline over March levels and a drop of 5% over November’s all-time high. Real estate prices in Qatar...
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Kuwait says Sheikh Jaber causeway is 34% complete
Ministry of Public Works official says work on project is progressing well. The Sheikh Jaber Al-Ahmad Causeway (Doha Spur) is 34% complete,...
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Perkins+Will Dubai appoints Firas Hnoosh as architectural design director
Hnoosh has over 17 years of professional design experience. Perkins+Will has announced that Firas Hnoosh has been appointed as the new architectural...
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UAE’s Farnek buys Smashing Cleaning Services
Smashing has an annual turnover of over $2.7 million. UAE-based facilities management company Farnek has announced in a press release that it...
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Saudi Oger ‘sees 31,000 workers file wage complaints’
Workers prevented from leaving the country, with some alleging wages have not been paid for nine months. A source at contractor Saudi...
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Abu Dhabi’s Aldar reports 9% profit rise
Developer made $178m net profit in second quarter despite signs the UAE capital’s property market is slowing. The Abu Dhabi developer Aldar...
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Dubai’s Nakheel issues tender for Dragon City hotel
Final date for submission of bids is September 25. Property developer Nakheel has floated a tender for the construction of a 295-room...
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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...