Thursday 5 May 2016

Barwa plans 12,000 housing units by 2020

Qatar-based Barwa Real Estate Group plans to complete the work on 12,000 residential units within the next four years in line with its commitment to provide homes to citizens at reasonable rents, said a report. Barwa, which has an existing 4,000 residential units, is aiming for t


$795m needed to complete stalled projects in Bahrain

It will cost around BD300 million ($795 million) to complete all of the stalled private developments in Bahrain, reported the Gulf Daily News, our sister publication, quoting an expert. To read further, please visit GDNonl


Qatar probes death at World Cup site

The organisers of Qatar's 2022 World Cup said on Sunday they were investigating the death of an Indian labourer at one of its sites but denied it was caused by working conditions. Labourer Jaleshwar Prasad, 48, fell unconscious on Wednesday while performing steel work at Al B


Five bid for Phase III of Dubai solar park

Dubai Electricity and Water Authority (Dewa) has received five bids from international organisations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The lowest recorded bid at the opening of the envelopes was US2.99 cents per kilowatt hour, said Saeed Mohamm


Emaar Properties Q1 net profit rises 17pc

Dubai's Emaar Properties, builder of the world's tallest tower, reported a 17 per cent rise in first-quarter net profit on Sunday. The developer, in which Dubai's government owns a minority stake, made a net profit of Dh1.21 billion ($329.44 million) in the three mont


Saudi to provide housing to 100,000 low-income families

Saudi Arabia's government will provide housing for 100,000 low-income families over the next year as part of a reform programme designed to strengthen the economy and reduce its dependence on oil, the Housing Ministry said on Sunday. The announcement suggests authorities are


Top London project to be unveiled in Abu Dhabi

‘Mariner’s Quarter’, a prestigious Dh7.8 billion ($2.12 billion) project in London's prestigious Royal Wharf development will be unveiled by CBRE, in Abu Dhabi. Mariner’s Quarter, a project by London’s leading developers Ballymore and Oxley, will


Allegion signs up for smart skyscrapers conference

Allegion, a leader in security products and solutions for homes and businesses, has signed up as a gold sponsor for the Smart Skyscrapers Summit to be held from May 16 to 17 in Dubai, UAE. The event is being held under the patronage of Dubai Municipality and is supported by Dubai


RTA awards Dubai bridge project contract

Dubai's Roads and Transport Authority (RTA) said it has awarded a Dh105-million ($28.5 million) contract for the construction of a bridge that will link the north and south of Jebel Ali Free Zones. The project, located near the 10th Interchange of the Sheikh Zayed Road, is be


12 killed in Nairobi building crash, rescue work on

Rescue workers raced on Saturday to save more residents from the rubble of a six-storey building in Nairobi after it collapsed overnight following heavy rain. At least 12 people were confirmed dead. President Uhuru Kenyatta visited the site of Friday night's disaster and orde

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