Bahrain had issued 95 tenders worth BD363 million ($956 million) last year to build hundreds of residential units in the kingdom as part of the government’s housing plan, said a report.
The number of projects funded by the g
Saudi government said more than 80 per cent of the housing projects being developed on a 5 million sq m area west of the King Khalid International Airport (KKIA) in capital Riyadh have been completed.
More than 80 per cent of the
Oman’s Ministry of Housing has completed the construction of 194 housing units and other public amenities at an investment of RO9 million ($23.37 million), said a report.
Additionally, 66 housing units being built at a cost
A total of 550 housing projects worth E£9 billion ($1.14 billion) have won approval from New Urban Communities Authority (Nuca) for construction across Egypt in the first eight months, said a report.
These include a 24-build
Aldar Properties, one of the largest developers in the UAE, said it is working on national housing projects worth Dh5.7 billion ($1.55 billion) in Abu Dhabi.
The Abu Dhabi-based builder said Its pipeline of hou
Dubai-based property developer Emaar Properties has signed an MoU with the Iraqi Ministry of Construction & Housing to jointly develop residential, commercial and tourism development projects in the country.
Iraq is turning a sharp eye on Middle East real estate investors as it looks to produce some three million housing units over the next five years in a post-war zone that left much of the country’s infrastructure in tatters.
The Bahrain Ministry of Housing has announced plans to replace dilapidated homes in the old residential neighbourhoods of capital Manama with new buildings.
Addressing the MPs in the parliament on Tuesday, Housing Minister Bassem Al Hamer
Troubled Dubai property developer Nakheel said on Friday it was restarting construction work at two luxury housing projects in the country, one of the United Arab Emirates.
Nakheel is the flagship property arm of the Dubai World conglomera
Abu Dhabi property developers are shifting their strategies to focus more on government-backed residential housing projects in order to maintain market share, their building capabilities and cashflow.
Government funding for Abu Dhabi housi