Property
-
Saudi king replaces housing minister in bid to address homes shortage
King Salman relieves Shuwaish al-Duwaihi of his position as housing minister. Saudi Arabia's King Salman has appointed a new housing minister in...
-
Kuwait’s Tamdeen Group plans $700m waterfront development
The 350,000sqm Al Khiran project aims to be commercial and entertainment heart of Sabah Al Ahmad Sea City. Tamdeen Group, the Kuwaiti...
-
Dubai’s Damac launches $1.8m Trump PRVT mansions
New homes at the Akoya development will overlook the Trump International Golf Club. The Dubai property developer Damac has launched a new...
-
China Harbour wins $41m contract for Falcon Island in UAE
Engineering company bags contract for marine and infrastructure works in Ras Al Khaimah. Ras Al Khaimah (RAK) developer Al Hamra Real Estate...
-
Middle East buyers targeted in London Grosvenor House sale
‘Strong interest’ expected from Arab investors as landmark 5-star hotel goes on market for more than $715 million. Arab investors are being...
-
Dubai property group offers free flats to Torch fire victims
The First Group to provide 20 apartments as temporary accommodation for those left homeless after blaze. A Dubai-based property group has offered...
-
Dubai’s Arabtec in bid to save $40bn Egypt deal as shares fall further
The Dubai-listed builder to meet with officials of Egypt’s housing ministry in attempt to revive stalled housing project. Arabtec is set to renegotiate...
-
Dubai hotels record 11.6m visitors in 2014
Decline in Russian ruble didn’t affect total number of hotel guests, tourism chief says. Hotels in Dubai welcomed about 11.6 million guests...
-
Dubai Property Show in London receives 6,000+ visitors
Brits invested $2.5 billion in Dubai property market in 2014, according to government figures. The first Dubai Property Show in London, held...
-
‘Mini Ibiza’ island in UAE to stick to the law as it woos party-goers
Ras Al Khaimah property developer says $4.87 billion party island will seek proper licenses to operate. The developer behind a planned party...
