Monday 21 April 2014
 
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Housing

Dubai inflation up 3pc, highest since 2009

Dubai's consumer inflation rose 3.0 per cent in March compared to the same month last year, registering the highest increase since August 2009. The increase from February was 0.4 per cent, according to the Dubai Statistics Cen

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Bahrain readies grand 2030 masterplan

Bahrain's detailed Master Plan 2030 outlining the country's future development has been completed, revealed Municipalities and Urban Planning Affairs Minister Dr Juma Al Ka'abi. He has told parliament in a written resp

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$157m sought to reinstate Bahrain housing plan

Bahrain's Parliament wants an extra BD60 million ($158.3 million) included in this year's budget to reinstate a government housing scheme that was scrapped three years ago.   MPs unanimously approved the

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Naseej to offer more housing solutions for Bahrainis

Naseej made excellent progress during last year in carrying out the social mandate of its founders to provide Bahraini citizens with quality affordable housing, said its chairman Khalid Abdulla Janahi. He was addressing shareholde

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Bahrain project to cash in on demand for affordable houses

A new residential project valued at BD28.5 million ($75.5 million) is banking on rising demand for affordable housing and a revival in the local real estate market, said a report. Dadabhai Development and Properties Management Com

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Projects worth $651m on the way in Bahrain

Tenders worth $651 million to build housing units in Hidd and Northern City, two 400KW main power transmission stations and education infrastructure projects will be awarded this month.   HRH the Crown Prince sai

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Dubai inflation soars to 4-year high in Feb

Dubai's inflation in February rose to 2.6 per cent year-on-year, the highest since December 2009, said a report. The housing and utility costs, which account for almost 44 per cent of consumer expenses, jumped 4.5 per cent yea

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Saudi launches housing scheme to ease shortage

Saudi Arabia's government has launched a new scheme to provide housing aid to its citizens, in the hope of ending a shortage of homes which has depressed living standards and is politically sensitive for the government.  

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Huge housing deal signals Gulf investment push into Egypt

A $40 billion deal for Dubai firm Arabtec to build one million homes in Egypt may mark the start of politically-inspired Gulf investment in the country's creaking infrastructure, from housing to transport, power generation and agriculture.

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HUGE DEAL: Arabtec inks $40bn Egypt housing project

Dubai's leading engineering and construction group Arabtec Holding has signed an historic agreement with Egypt’s Defence Ministry to develop and construct one million housing units in a project worth 280 billion Egyptian pounds ($40.23

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