• 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.

  • 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.

  • Sharjah, Ajman 'affordable alternatives for investors'


    The emirates of Sharjah and Ajman remain affordable alternatives for buying and renting of properties in the UAE, said a report. Prices have dropped on average across popular districts in these emirates, but the ROI remains high, said a report.

  • DPM in deal to boost Abu Dhabi real estate investment


    The Department of Urban Planning and Municipalities (DPM) has signed an agreement with Smart Crowd Holding to promote economic growth in the UAE and encourage real estate investment through collective ownership.

  • Cityscape charts path for future of Abu Dhabi's property sector


    Cityscape Abu Dhabi 2019 was a major success with the three-day real estate and construction expo witnessing sold-out project launches, proactive changes to property laws and in-depth industry-changing discussions, said the organisers.

  • Emaar Properties to propose $290m dividends for 2018


    Leading Dubai developer Emaar Properties will propose the distribution of dividends worth Dh1.07 billion ($290 million), representing 15 per cent of the share capital, to shareholders at the 23rd Annual General Meeting (AGM) this month.

  • KEO to design Kuwait Capital Markets Authority HQ

    69,000 sq m FACILITY
    KEO International Consultants, a leader in planning, design, engineering and project management solutions, has won the contract to provide engineering consultancy and design for the new headquarters of Kuwait's Capital Markets Authority (CMA).

  • India seeks bids for $30m Expo 2020 Dubai pavilion


    India has invited bids from leading Dubai-based companies for the construction of the country's pavilion at the Expo 2020 event. The scope of work includes the design, engineering and operation and maintenance of the building.

  • The Opus by Omniyat wins global design award


    The Opus by Omniyat, located in Dubai, has been honoured with one of the top design awards, the ‘Award of Excellence’ by the Council on Tall Buildings & Urban Habitat (CTBUH). The Opus was designed by renowned Iraqi-British architect the late Dame Zaha Ha

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Construction News

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....



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Gulf construction - February 2017


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Doha Festival City, described as the largest entertainment and retail hub in the Gulf, has entered into its final phase of development and is set to open its doors to the ...


Salini Impregilo, an Italian specialist in the construction and civil engineering business, said it has completed the tunnel excavation work along Line Three of the Riyadh ...




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