Wednesday 28 September 2016

Qatar residential properties 'in big demand'

There has been a sharp increase in demand for real estate properties in Qatar after a relatively lull market situation owing to summer vacations and Eid holidays, said a report. The number of residential enquiries received in the month to date were up 23 per cent compared to the


New residential tower launched in Bahrain

International real estate consultancy Cluttons has announced the launch of Tilal Towers, a new affordable eco-friendly residential development in Bahrain. The two properties are located in the Amwaj Islands community near to the Lagoon, which make the 21-storey towers perfect for


Qatar Cool to commission 40,000RT cooling plant

Qatar Cool, a premier provider of district cooling in capital Doha, said it will be commissioning a third plant in the West Bay district next year. The West Bay area of Doha has seen tremendous growth over the past few years with a mixture of commercial and residential developmen


Suez tunnel work to be completed by 2018-end

Egyptian construction groups Arab Contractors (AC) and Orascom Construction have started work on a E£18-billion ($2 billion) tunnel construction project which will be completed by the end of 2018, said a report. Under this project, three tunnels will be dug under the Suez C


Saudi Binladin 'starts getting government dues'

The Saudi finance ministry has resumed payments to Saudi Binladin Group (SBG), the kingdom's biggest construction firm, for its work on government projects, the Saudi Okaz newspaper reported on Thursday, citing an adviser to the chairman. SBG was hard hit last year a


Dubai’s residential market set for soft landing

The residential market in Dubai is heading towards a soft landing following a period of restraint in the wake of oil price volatility and negative investor sentiment, said a report by global property expert Knight Frank. With sale prices becoming more realistic and developers ado


Dubai to set up new municipal offices complex

Dubai government has announced plans to build a new municipal offices' complex at the Hor Al Anz area in the city at a total cost of Dh104 million ($28.3 million), said a report. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and also c


UAE-based RAKtherm to expand global footprint

Ras Al Khaimah-based RAKtherm, a leading internationally certified brand of innovative piping systems, has devised a growth plan to further increase its international footprint in response to growing global market demand for high technology piping solutions. The three-pronged pla


RTA to begin Dubai airport intersection work

Dubai’s Road and Transport Authority (RTA) said it will be undertaking modifications to the Airport Road intersection on Saturday (September 24). Owing to this work, RTA said the residents and passengers driving to the Dubai International Airport this weekend are likely to


Al Thuriah unveils new Sharjah residential tower

UAE-based Al Thuriah Properties has announced the launch of Sahara Tower 6, a two-block residential property which will come up within its master development Sahara Complex, at Al Nahda, Sharjah. A premier property developer specialising in high-rise residential towers and commun

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