Sunday 26 April 2015
 
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Cheap oil slows Saudi, UAE projects but Qatar, Kuwait rise

Low oil prices are slowing new economic projects in Saudi Arabia and the UAE but project awards have accelerated in Qatar and Kuwait, the Abu Dhabi Commercial Bank (ADCB) said in a report showing the mixed impact of cheap oil on the Gulf.

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Irish group Byrne Looby wins big Gulf projects

International engineering services provider Byrne Looby Partners said it has won major contracts worth around Dh6 million ($1.63 million) in the Gulf region.   The projects include the design of a new quay facility in Dubai Ma

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Azizi to unveil key projects at Abu Dhabi expo

Azizi Developments, a leading UAE property developer, will be showcasing its competitive residential community projects at the upcoming Cityscape 2015 expo in Abu Dhabi, UAE. One of the capital city’s most prominent real est

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Aluminium industry market size to double in 10 years

The aluminium industry market worldwide is set to double within the next 10 year, according to international industry experts. Optimistic on growth prospects, participants at the Aluminium Middle East 2015, which concluded today (

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Cayan unveils $1bn Gulf investment plans

Real estate developer Cayan Group is planning to spend almost $1 billion on three key projects in the Gulf region - a twin-tower development in Dubai (UAE) and two other mixed-use projects in Riyadh, Saudi Arabia, said a report. C

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Potential loopholes could limit impact of Saudi land tax

A planned tax on undeveloped urban land may transform Saudi Arabia's real estate market, boosting construction and making homes more affordable, but potential loopholes could dilute the impact and make the effect on the market hard to predic

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Dubai makes 'green cement' mandatory for new buildings

Dubai Municipality has stipulated that starting from tomorrow (April 1) all the landlords and contractors will have to use environment-friendly cement for the construction of new buildings in the UAE emirate, said a report. The us

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Azizi to unveil key projects at Dubai show

Azizi Developments, a leading UAE-based property developer, is set to showcase its upscale residential projects at the  upcoming International Property Show 2015 in Dubai. A pioneering exhibition for selling and promoting rea

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Egyptian group plans $261m tourism projects

Cleopatra Group for Real Estate Projects has announced plans to invest E£2 billion ($261 million) into tourism development projects at Marsa Allam area of Egypt  over the next two years, said a report. The project, whic

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Egyptian group plans $261m tourism projects

Cleopatra Group for Real Estate Projects has announced plans to invest E£2 billion ($261 million) into tourism development projects at Marsa Allam area of Egypt  over the next two years, said a report. The project, whic

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