Friday 9 December 2016
 
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Housing

Sharjah housing rents 38pc cheaper than 2008

Average rents in the northern UAE emirate of Sharjah are still 38 per cent cheaper than in 2008, as additional supply keeps rates from increasing rapidly, according to a report from leading real estate consultancy Asteco. The prop

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Saudi Arabia to build 5,000 new housing units

Saudi government is set to build 5,000 residential units in the eastern port of Dammam as part of a mass housing programme for the citizens, said a report. The project, which is estimated to cost around SR25 billion ($6.6 billion)

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ASBB unveils special offer for Bahrain housing projects

Al Salam Bank-Bahrain (ASBB), a major Shari’a-compliant bank, has launched a new finance scheme for its customers buying properties in two key projects of Manara Developments - Kenaz Al Bahrain project in Al Qadam and Wahati project in Muh

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ASBB unveils special offer for Bahrain housing projects

Al Salam Bank-Bahrain (ASBB), a major Shari’a-compliant bank, has launched a new finance scheme for its customers buying properties in two key projects of Manara Developments - Kenaz Al Bahrain project in Al Qadam and Wahati project in Muh

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Bahrain to build modern, affordable housing units

Bahrain is working on a new social housing project in the southern governorate, which will see the construction of a modern residential area for its nationals, said a report. The country continues to make significant progress in f

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Egypt on track to complete 7,690 residential units

The Egyptian government is all set to complete work on 7,690 social housing units in Beheira governorate in the Nile Delta, said a report. These projects include a number of housing units and projects of drinking water, sewage, an

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UAE Cabinet approves 5-year $67.5bn federal budget

The UAE Cabinet has approved the five-year federal budget for 2017- 2021, with total of Dh248 billion ($67.5 billion), including an Dh48.7 billion for 2017 in addition to the revenues of independent entities and financial investments.

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Bahrain to deliver 3,200 more housing units

Bahrain government is all set to hand over an additional 3,200 housing units in the kingdom’s various governorates, in line with the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Comm

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KFH inks housing deal with Bahraini developer

Kuwait Finance House - Bahrain (KFH-Bahrain) has signed an agreement with leading Bahraini developer Diyar Al Muharraq to provide finance for the beneficiaries of ‘Mazaya’ to purchase housing units in Deerat Al Oyoun.

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Boom time for Saudi construction sector

It's boom time for the construction industry in Saudi Arabia as the government is coming up with enormous development projects to broaden the country’s infrastructural base, said a report. The government has allocated $4

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