Algeria floats $6bn global tender

[caption id="attachment_11101" align="aligncenter" width="450"] Algeria's government will float an international tender for a new city project worth $6bn.[/caption] An international tender is...

Construction

Abu Dhabi ready to accommodate relocated government staff

The Abu Dhabi Executive Council has said the government of the UAE’s largest emirate is well equipped to accommodate and serve the...

Construction

Asteco report finds Dubai commercial market quiet

Real estate services firm, Asteco has said residential sales prices in Dubai have remained relatively unchanged during the third quarter of this...

Construction

NRI group plans India townships

A group of non-resident Indians (NRI) in the UAE, along with Indian investors from the US and Europe, have announced plans to...

Construction

Savills Oman launches Badr at Muscat Hills

Real estate services firm, Savills Oman has announced has said it has received positive response after the official sales launch on September...

Construction

$486mn Hariri mansion UK’s biggest ever deal

The London mansion of the Lebanese late prime minister, Rafiq Hariri has been put up for sale in what realtors anticipate to...

Construction

Festival City to get more residential units

Dubai-based Al-Futtaim Group has announced plans to build more residential units in its 1,300-acre Dubai Festival City (DFC) development, encouraged by improved...

Construction

DPG resumes Mudon works

Construction works have been resumed on the Mudon Development in Dubailand District by Dubai Properties Group (DPG) in response to the growing...

Construction

Bahrain studying skyscraper plan

Bahrain’s Manama Municipal Council is seeking the approval for a new zoning plan that would reserve the shores of the Seef area...

Construction

Aldar’s Q2 net profit soars to $113.8m

Abu Dhabi’s largest real estate developer by market capitalisation, Aldar Properties has posted a sharp increase in the second-quarter net profit, buoyed...