Monday 26 February 2024

Nass achieves key construction milestone at Bahrain Marina

Bahrain-based Nass Contracting Company has achieved a major construction milestone at the Bahrain Marina project by completing the pile cap for the development's residential building comprising 6,200 cu m of concrete across an area of 3,700 sq m as a single continuous pour. 


BTEA signs up Edamah to manage Galali Waterfront Project

The Bahrain Tourism and Exhibitions Authority (BTEA) has officially signed an agreement with Edamah, the real estate arm of Bahrain Mumtalakat Holding Company, under which it will take over the management and operations of the Galali Coast Waterfront Project.  


Bloom Holding launches new lakeside community in Abu Dhabi

Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the launch of ‘Seville’, the fifth phase of its fully integrated and all-inclusive community in Abu Dhabi - Bloom Living.   Unveiling the new


KSA companies tap into new markets and reach global investors

Businesses in Saudi Arabia can attend MIPIM – the world’s biggest, most influential real estate event – at special rates, with exclusive benefits through the MIPIM Saudi Club.    MIPIM Saudi Club enables KSA entities to tap into new market


Mideast construction costs set to rise by up to 7pc, says report

Construction costs are set to increase across the Middle East region this year amid fresh challenges for the construction industry in the form of inflation, according to a report published by Currie & Brown, world-leading provider of cost management, project management and advisory servic


Kingdom Holding sells prime Saudi residential complex for $240m

Kingdom Holding Company (KHC), a Saudi conglomerate with interests in key sectors such as hotel management, real estate and equity, has sold its residential complex - Kingdom City - to a real estate fund affiliated with Alawwal Investment, a company fully owned by First Saudi Bank, for SAR900


UAE residential market ends 2023 on a strong note, says expert

The UAE’s residential market ended 2023 on a strong note with soaring demand driving the market's performance, according to top real estate expert CBRE.    The robust levels of activity and high levels of absorption will continue to support price


Parsons wins PMC contract for Saudi Soudah Peaks project

Soudah Development, a real estate development company powered by Saudi wealth fund PIF (Public Investment Fund) today (Februay 20) signed a contract with Parsons Corporation to provide project management consultancy services for the development of Soudah Peaks, a year-round luxury mountain to


Bareeq Al Retaj starts handover of Wadi Al Riffa Phase Two units

Bareeq Al Retaj Real Estate Company, a leading real estate developer in Bahrain, has announced that it has begun handing over all the 97 residential villas within the second phase of the 'Wadi Al Riffa' residential project in the Riffa region of kingdom.   


Airport Show to showcase innovation and cutting-edge technology

Airport developers, officials, and suppliers from across the world will converge on Dubai for the 23rd edition of the Airport Show, one of the world’s largest annual events dedicated to the global airport industry, from May 14-16, 2024. More than 150 exhibitors from mo

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