Kuwait Government Awards KWD 288.1 M Contract to Salini Consortium

• Saturday, 18th June 2016
• by Nadine Abou el Atta

Global industrial group, Salini Impregilo, which specializes in construction and civil engineering, is leading a consortium that just won a KWD 288.1 million ($ 955 million) contract from Kuwait’s Public Authority for Housing Welfare, to develop a 29,653 acre residential project, Trade Arabia reported.

Diyar Al Muharraq Launches Deerat Al Oyoun Community Project

• Thursday, 16th June 2016
• by Nadine Abou el Atta

Top Bahraini urban developer, Diyar Al Muharraq, announced launching its residential community project ‘Deerat Al Oyoun’, setting aside 1.2 million square meters on the south side of Diyar Al Muharraq for the residential units,.

Emaar Properties Awards Dubai Hills State Project to EllisDon

• Wednesday, 15th June 2016
• by Nadine Abou el Atta

Top Emirati developer, Emaar Properties awarded Dubai Hills Estate project, which is jointly developed in collaboration with Meraas Holding to EllisDon,.

Aldar Properties to Launch Second Phase of AED 6 B Yas Acres Project

• Wednesday, 15th June 2016
• by Nadine Abou el Atta

Aldar Properties has announced its plan of launching the second phase of the AED 6 billion Yas Acres project, following the selling of the first phase for over AED 1 billion.

Emaar Appoints Aurecon with AED 3.67 B The Tower Project

• Wednesday, 15th June 2016
• by Nadine Abou el Atta

Dubai-based Emaar Properties has recently chosen Aurecon Group as the engineer/architect-of-record to work with a range of features for Tower, which is expected to be taller than Burj Khalifa, the tallest tower in the world, Aurecon Group stated on their website.

Dubai Investments to Manage DIP Residential Project

• Tuesday, 14th June 2016
• by Nadine Abou el Atta

Leading investments conglomerate, Dubai Investments, has signed an agreement to manage and market the residential project, 'The Palisades', within Dubai Investments Park (DIP), the company announced in a statement.

Saudi Cabinet Approves Tax on Lands, Rules for Foreign Investments

• Tuesday, 14th June 2016
• by Nadine Abou el Atta

The Saudi Cabinet approved a tax on urban land that is not developed, as well as rules regulating foreign investments in the Saudi Kingdom to own 100 percent of retail and wholesale businesses, the official Saudi Press Agency said.

Dubai Properties Launches Flexible Payment Plans For Buyers

• Sunday, 12th June 2016
• by Nadine Abou el Atta

Top real estate developer, Dubai Properties, announced a flexible payment plan for buyers of properties in Arabella and Serena developments, as part of the company’s Ramadan celebrations.

Limitless Awards AED 227.5 M Residential Towers to Eastern International

• Sunday, 12th June 2016
• by Nadine Abou el Atta

Dubai-based developer Limitless has awarded AED 227.5 million project at The Galleries, at Downtown Jebel Ali, to Sharjah-based contracting company, Eastern International.

Dar Al Arkan Discusses Housing Plan with Saudi Government

• Wednesday, 8th June 2016
• by Nadine Abou el Atta

Saudi top real estate developer, Dar Al Arkan Real Estate Development Co. announced holding talks with the Saudi government to provide housing units under the Saudi economic reform plan.