Saudi King orders immediate start to Prophet’s Mosque expansion

Work on project expected to be finished within a maximum period of two years. [caption id="attachment_14473" align="aligncenter" width="448"] Work on the expansion...

Katara Cultural Village set for major expansion

Qatari project looks to attract more visitors through expansion of cultural project. [caption id="attachment_14468" align="aligncenter" width="455"] Katara Cultural District is in line...

Al Futtaim Real Estate completes Phase I of Cairo Festival City project

Properties at the Business Ville project have been handed over to contracted tenants, developer says. [caption id="attachment_14463" align="aligncenter" width="383"] Al Futtaim Group...

Jeddah to level mountains to solve housing crisis

Project part of plans to resolve housing shortage in the Kingdom. [caption id="attachment_14458" align="aligncenter" width="449"] Jeddah plans to level small hills and...

Al Jaber Group agrees terms on $4.5bn debt restructuring

Conglomerate awaiting final approval from other lenders as talks near a conclusion after more than two years.. [caption id="attachment_14453" align="aligncenter" width="240"] Mr...

Dorma inaugurates first ‘World of Access’ showroom in the Gulf

Dubai based showroom to provide ‘hands on experience’ for architecture and construction industry professionals. [caption id="attachment_14447" align="aligncenter" width="449"] Dorma has unveiled its...

Gulf banks to maintain high debt issuance

Sukuk financing becoming 'more important' in the Gulf's fixed income market. [caption id="attachment_14442" align="aligncenter" width="451"] Standard and Poor have said that Gulf...

Shareholders approve Aldar – Sorouh merger

Merger will create a stronger and more diversified entity. [caption id="attachment_14437" align="aligncenter" width="451"] Aldar and Sorouh shareholders have approved the merger of...

Service charge hikes for residents of Burj Khalifa

Residents say no reason given for sudden increase of fees. [caption id="attachment_14432" align="aligncenter" width="358"] Residents at the Burj Khalifa have protested about...

Qatar and Kuwait to back Gulf web project

New fibre optic network will pass through Iraq and Turkey. [caption id="attachment_14427" align="aligncenter" width="492"] Qatar and Kuwait are funding a plan to...

News