• RAK Properties signs $136m deal for villas project


    RAK Properties, one of the UAE’s leading property developers, has signed a construction, infrastructure and landscape work contract with Al Ali Construction & Development for its Dh500-million ($136 million) villas project.

  • Nshama to hand over 5,000 new Dubai residences this year


    Nshama, a leading UAE-based developer of stylish master-planned communities, said its prime development Town Square Dubai will deliver 5,000 additional residences this year taking the total number of homes handed over to more than 6,600.

  • World’s tallest Ferris wheel to be ready by Dubai Expo 2020

    VITAL SPOKE CABLES INSTALLED
    UAE developer Meraas has confirmed that its ambitious project, Ain Dubai, coming up in its Bluewaters island, will be completed in time for Expo 2020 Dubai gala. Standing at 250-m high, it is set to become the world's tallest observation wheel.

  • Dewan expands footprint in South East Asia


    Dubai-based Dewan Architects and Engineers, a leading architectural engineering studio, recently inaugurated an office in Hong Kong as part of its expansion in South East Asia.

  • Diyar Al Muharraq backs Gulf Property Show


    Diyar Al Muharraq, one of the leading urban developers in Bahrain, has announced its strategic partnership of the Gulf Property Show 2019, which will run from April 23 to 25 at the Bahrain International Exhibition and Convention Centre.

  • IHG in deal with Bin Faqeeh for new hotel in Bahrain


    InterContinental Hotels Group (IHG) has signed a partnership deal with Bahrain-based real estate developer Bin Faqeeh Real Estate Investment Company to open the first Staybridge Suites hotel in Bahrain by 2020, located in the heart of the capital city.

  • Qatar kicks off work on first cable-stayed bridge


    Qatar’s Public Works Authority (Ashghal) has started construction of the first cable-stayed bridge in the country and the conversion of Haloul Roundabout into a two-level interchange on Sabah Al-Ahmad Corridor project.

  • Real estate crowdfunding MoU signed at Cityscape


    Abu Dhabi's Department of Urban Planning and Municipalities has signed a memorandum of understanding (MoU) with Smart Crowd Holdings at Cityscape Abu Dhabi to encourage the private sector to participate in the emirate's real estate market.

  • Naseej to showcase CanalView project at Bahrain expo


    Naseej, one of Bahrain’s leading real estate developers, will be showcasing its prime development, CanalView, at the upcoming Gulf Property Show 2019, a boutique showcase for the real estate development sector in the Northern Gulf region.

  • Egyptian firms launch new real estate finance company


    Three top Egyptian firms - EFG Hermes, Talaat Mostafa Group and GB Capital - have joined forces to launch a real estate finance company. It will offer long-term and competitive mortgages for move-in homes to better serve Egypt’s growing population.

  • UAQ launches ‘Tolerance Neighbourhood Project’


    The UAE emirate of Umm Al Qaiwain has launched the "Tolerance Neighbourhood Project" featuring 32 residential units located in the Al Salamah area. Each unit boasts two floors, five bedrooms, a living room, a reception and a kitchen, said a report.

  • Oman housing plot allotment down 35.6pc in March


    Oman has allotted a total of 6,481 residential plots across the sultanate till the end of March compared to 10,070 plots for the same period last year, with the governorate of A'Dakhiliyah getting the lion's share of 1,906 housing plots, said a report.

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RAK Properties signs $136m deal for villas project

RAK Properties, one of the UAE’s leading property developers, has signed a construction, infrastructure and landscape work contract with Al Ali Construction & Development for its Dh500-million ($136 million) villas project....



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Gulf construction - July 2016


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