All posts tagged "featurednews"
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PropertyDamac launches phase 2 of ‘Sharia compliant’ project
The Dubai-based real estate heavyweight, Damac Properties, has announced a limited release of units in the second phase of its Sharia-compliant luxury...
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ConstructionQatar’s Aljaber Group planning IPO – report
The Qatar-based construction firm Aljaber Group is planning an initial public offering (IPO) worth approximately $800 million on the Doha stock market,...
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PropertyStarwood and Saudi Real Estate in Riyadh hotels deal
US-based Starwood Hotels and Saudi Real Estate have signed an agreement to build two hotels in Riyadh adjacent to the King Abdullah...
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ConstructionEgypt sees 69% rise in building material exports in April
The export of Egyptian building materials touched a record of 3.49 billion Egyptian pounds ($392.7 million) in April, marking a 69% increase...
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ConstructionDammam housing project halted for redesign
Saudi Arabia’s Ministry of Housing has ordered developers to stop work on a 4,800-unit housing project in Dammam and submit alternative design...
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InfrastructureDubai to launch second phase of solar plant
The Dubai Electricity and Water Authority (Dewa) will soon launch a 200MW Concentrated Solar Power (CSP) plant at the Mohammed bin Rashid...
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ConstructionEleven killed in Qatar labour camp fire
At least 11 people were killed as a fire ripped through a labour camp in Qatar late on Wednesday, according to the...
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MachineryYBA Kanoo hosts Grove cranes open day in Saudi Arabia
YBA Kanoo, Manitowoc’s distribution partner in Saudi Arabia, recently showcased the Grove Rough Terrain crane range to over 70 customers during an...
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ConstructionNakheel completes ground works for $545m mall in Dubai
The Dubai-based developer Nakheel has announced the completion of enabling works for its AED2 billion ($545m) Al Khail Avenue mall project in...
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ConstructionMajid Al Futtaim in $8.2bn UAE investment drive
Majid Al Futtaim has unveiled a plan to increase its UAE investments by AED 30 billion ($8.2bn) by 2026, in a move...