Bahrain signs $691mn contract with China’s CMEC

China Machinery Engineering Corporation (CMEC) has announced that it has been awarded a major contract worth $691 million by Bahrain’s Housing Ministry....

Construction

UAE government to invest $4.7bn into new housing units by 2025

$4.7bn will be invested into over 23,000 new residential units across the country over the next five years, the UAE government has announced. This includes 5,134...

Construction

Abu Dhabi to provide $1.8bn in housing aid

HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, and Chairman...

Construction

ADFD backed social housing project launched in Seychelles

A social housing project in the Seychelles, built with the aid of $9 million in funds from the Abu Dhabi Fund for...

Construction

Saudi Arabia launches 4,775-unit residential project in Taif region

The city of Taif in Saudi Arabia has launched the Madinat Al Wouroud project, a residential community consisting of 4775 villas located...

Construction

Dubai residential market shifted towards affordable units over last few years

Dubai’s residential market has seen a significant shift in development and transactions from luxury to affordable units over the last few years,...

Construction

UAE’s Sheikh Zayed Housing Programme funds $136mn in housing assistance to Emiratis

The UAE’s Sheikh Zayed Housing Programme has approved 609 housing assistance applications for Emirati citizens around the country, valued at $136.1 million,...

Construction

India hands over 250 new, prefabricated houses to Myanmar

India has handed over 250 houses to displaced Muslim minorities currently residing in Myanmar’s Rakhine State, under the Rakhine State Development Programme...