Thursday 21 August 2014
 
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Housing

GCC inflation rates up on higher housing prices

Inflation rates jumped across GCC states between 1.21 per cent and 3.1 per cent in the six months ending June this year, driven by higher housing and utility costs. The latest inflation figures issued by the Statistical Centre for

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GCC inflation rates up on higher housing prices

Inflation rates jumped across GCC states between 1.21 per cent and 3.1 per cent in the six months ending June this year, driven by higher housing and utility costs. The latest inflation figures issued by the Statistical Centre for

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New executive director of Abu Dhabi Housing Authority

Abu Dhabi has appoined Bashir Khalfan Salem Al Mehairbi as the new executive director of the Abu Dhabi Housing Authority. The appointment was made by HH General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy

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New executive director of Abu Dhabi Housing Authority

Abu Dhabi has appoined Bashir Khalfan Salem Al Mehairbi as the new executive director of the Abu Dhabi Housing Authority. The appointment was made by HH General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy

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ME/Africa housing demand to reach 13m units by 2018

New dwelling demand in the Africa/ Middle East region is expected to reach 13 million units in 2018 with an annual growth of 3.7 percent, according to a report. The Freedonia research report, World Housing, said the demand will be

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Saudi state fund plans housing firms

Saudi Arabia's Public Investment Fund (PIF) aims to establish companies in areas including housing, petrochemicals and technology as it expands its investments locally and overseas, Finance Minister Ibrahim Al-Assaf said. His

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Saudi state investment fund to set up new firms

Saudi Arabia's Public Investment Fund (PIF) aims to establish companies in areas including housing, petrochemicals and technology as it expands its investments locally and overseas, Finance Minister Ibrahim Al-Assaf said. His

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179 houses construction to start in Bahrain

Bahrain's Prime Minister has directed officials to start building 179 housing units in Arad, which is part of the second phase of a project in which 140 units have already been completed.   He also issued dir

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Egypt-Saudi company to invest $245m in housing units

A housing development company owned by Egypt and Saudi Arabia said it was increasing its capital by $245 million, a four-fold rise, to build houses in Egypt, in a further sign of support for the country from its key Gulf ally. Egy

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Bahrain invites bids for phase II of Northern Town

Bahrain’s Ministry of Housing has invited pre-qualification bids from contractors and design and supervision consultants for the second phase development of the new Northern Town – Al Madina Al Shamliya.  

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