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Abu Dhabi property law ‘will boost investment in real estate’
New regulations mean expat residents will be more likely to invest. Abu Dhabi’s new property law is set to boost growth in...
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Turkey tops ranking of property price rises
Prices rose by 18.4% in 2015, Knight Frank global index finds. Property prices in Turkey rose by the most globally last year,...
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Saudi salary delays: Foreign powers demand action
France, the Philippines and Bangladesh taking up case of unpaid wages. Foreign governments are exerting pressure on authorities and executives in Saudi...
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Aldar awards $86m contract for Al Jimi Mall expansion
Pivot Construction Company to manage Al Jimi Mall expansion works. Aldar Properties, the Abu Dhabi-listed property developer, has announced the signing of...
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Russia confirms $5bn loan to Iran for joint projects
Russian Energy Minister to visit Iran to discuss cooperation. Russia has confirmed plans for a $5 billion loan to Iran for joint...
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Dubai’s Arabtec says ex-CEO is not joining board
Shares fall as contractor says rumours concerning Hasan Ismaik are false. Arabtec on Monday dispelled rumours that its ex-CEO is to join...
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Saudi, UAE firms in alliance for $3bn industrial city in Egypt
Plan for 5 million sq ft economic free zone around Suez Canal. An alliance between Saudi Arabian and UAE companies has submitted...
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Orascom Construction wins $200m deals in Algeria, Egypt
Contracts for industrial and infrastructure projects. Orascom Construction has announced that it has signed a total of $200 million in contracts for...
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UAE construction salaries ‘to grow by 2-5%’ this year
Growth to be slower than in 2015, says Morgan McKinley. Salaries in the UAE construction sector are expected to grow by between...
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Big Project ME – March 2016
Big Project ME, your one-stop guide to construction developments in the region, The Big Project.. http://issuu.com/thebigprojectme/docs/bigproject_march_2016
