Friday 25 May 2018
 
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Housing

Bahrain's population boom driving demand for housing

Demand for housing in Bahrain is expected to exceed supply in the coming years thanks to the kingdom’s young and fast-growing population which is driving particularly strong demand for apartments across the kingdom, said industry experts.

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Zayed Housing signs $84m RAK homes contract

Sheikh Zayed Housing Programme has signed a Dh310-million ($84 million) contract with Aswar Engineering & General Contracting Company for the construction and maintenance of the Bateen Al Samar Residential Complex (Phase Two) in Ras Al Khaim

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Kuwait signs $96m housing deal with Limak

Kuwait's Public Authority for Housing Welfare (PAHW) has signed a KD28.99-million ($96 million) contract  with Turkey's Limak Holding to construct and maintain 3,260 housing units and power stations, a media report said.

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Bahrain completes vital road project

Bahraini authorities have completed a key link to the Northern Town project, which involved the construction of a 1.2-km-long road with four lanes on each direction, connecting Janabiya-Budaiya Interchange to the new town. The sco

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60 Saudi firms get licence for e-housing units sale

The Saudi Ministry of Housing has granted licences to 60 companies to sell plots of land and housing units through the Wafi online platform in line with its ambitious plan to provide 480,000 housing units by 2020, said a report. T

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Off-plan sales dominate 2017 Dubai housing transactions

The residential market in Dubai, UAE, witnessed solid growth in off-plan sales transactions during the last quarter of 2017, according to global real estate consultancy firm CBRE. The off-plan sales accounted for more than 65 per

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UAQ bridge on track for 2019 opening

Work is at an advanced stage on the Salma Bridge project, a major link to Sheikh Zayed bin Sultan Street  in the northern emirate of Umm Al Quwain, and is due for completion in May next year, said a report. The project is bei

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UAE housing boom to drive wood market growth

With over 25,000 homes being added to the UAE’s residential market this year, the wood and furniture market is likely to witness solid growth, said a report released ahead of the Dubai WoodShow. To be held from March 12 to 1

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TDIC launches new housing units for sale at Saadiyat

Abu Dhabi's Tourism Development and Investment Company (TDIC) has released an additional building for sale at Mamsha Al Saadiyat, a beachfront community currently under development at Saadiyat Island. The master developer of m

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Private sector 'to spearhead Bahrain's economic growth'

Bahrain's government must build on its significant achievements and ensure sustainable economic growth and the delivery of opportunities for all under its Economic Vision 2030, said Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Su

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