Saudi Arabia is set to develop a mammoth housing project in Madinah at a cost of SR55 billion ($14.4 billion) on a 1.6 million sq m area, said a report.
The project, a brainchild of the Public Investment Fund (PIF) of the Ministry
Aldar Properties, a leading property development, investment and management company, said two of its national housing projects - Al Sila’a and Al Raha national housing - have won two Pearl Construction rating from Estidama Pearl Villa Rati
Qatari developer Barwa Real Estate has awarded a key contract to CRC Dorra (Construction & Reconstruction Engineering Company) for the development of the second phase of its Barwa Al Baraha housing project, said a report.
The foundation stone for a 270-hectare project featuring up to 4,500 housing units, one of the key strategic development schemes in Bahrain, was laid yesterday (May 21), a report said.
His Majesty King Hamad deputised HRH Prince Salman
Construction work on a BD20 million ($52.3 million) housing development on Bahrain, which has fallen more than three years behind schedule, is now back on track, a report said.
The Oryx Hills project, near the Al Areen Resort and
Reclamation work at a site for a massive housing project in Bahrain has been completed in a package costing BD24.4 million ($64.34 million), and work is poised to begin, said a senior government official.
The company in charge of reclam
RW Middle East, a leading provider of precast modular construction solutions, said it has started work on a massive housing project in Iraq that will see a total of 1308 homes being built on an area of 221,000 sq m in Simawah.
The Public Commission for the Protection of Marine Resources, Environment and Wildlife has ordered excavation work stopped at the Buhair housing project.
It has also referred the contractor in charge of the project to Public Prosecution fo
Blominvest Saudi Arabia said it has secured a SR290 million ($77.3 million) loan in line with its plan to build 400 housing units in capital Riyadh in collaboration with leading developer Maskan Arabia.
Blominvest is the investment arm of
Bahrain-based Sakana Holistic Housing Solutions, the Islamic mortgage finance provider, announced that Phase 1 of Sakana Busaiteen housing project comprising of five 3-storey buildings are completed.
The project comprises in total 10 three