Thursday 24 April 2014

Cityscape Jeddah spotlight on iconic projects

The SR15 billion ($4 billion), mixed-use Prince Sultan Cultural Center being built north of Jeddah, and Bawabat Makkah, a visionary city planned near Makkah, are among the top projects that will be featured at Cityscape Jeddah next month. Both projects will be highlighted on day


More pedestrian-friendly streets on way in Abu Dhabi

Newly built streets in Abu Dhabi will be more pedestrian-friendly thanks to the utilities design manual launched by the Abu Dhabi Urban Planning Council (UPC). The Utility Corridors Design Manual (UCDM) aims to reduce the width of public Right of Ways (street width) and potential

More… expands into Saudi Arabia, a leading real estate portal in the Middle East, has inked marketing deals with Saudi Arabia-based Salman Bin Saedan Group and Shumool for Real Estate Developments, marking its expansion into the kingdom. Aqarmap hopes to replicate its success in Saudi, as it has bee


KAEC awards $11.6m contract for park

King Abdullah Economic City (KAEC) has awarded New Job Contractors Establishment a contract worth SR43.5 million ($11.6 million) for the development and landscaping of a park and construction of an adjacent canal promenade at Bay La Sun, one of the city’s prestigious districts.


Iconic Kingdom Tower work moves above ground

Jeddah Economic Company (JEC), owner and developer of The Kingdom Tower and City in Jeddah, has announced the completion of the foundation work and the beginning of above ground work on the tower. It said the raft piling works have been completed for the tallest tower in the worl


Oman to award new hotels contracts soon

Oman is likely to soon award contracts for the construction of two hotels in the precinct of the planned Oman Convention and Exhibition Centre (OCEC), an official was quoted as saying. The five-star and four-star hotels are scheduled to open by the end of 2016 or early 2017, said


Emaar aims to quadruple profits by 2018

Emaar Properties, Dubai's largest listed real estate developer, predicted on Wednesday that its profits would more than quadruple by 2018 as the emirate's economy booms and the company's overseas business expands. The company, about 29 percent owned by the Dubai gover


Hydra Properties releases Avenue units

Abu Dhabi-based Hydra Properties has pre-released several units from its Hydra Avenue Phase II on Reem Island at the Cityscape Abu Dhabi. It is offering buyers a special 60-40 per cent construction linked payment plan.    Hydra Properties is also building


Al Maabar delivers 60pc of Morocco homes project

Abu Dhabi-based real estate developer Al Maabar said that 60 per cent of the residential units of phase one at its Moroccan Bab Al Bahr project have been delivered to its new owners, with tenants already moving in. The Bab Al Bahr development, a joint venture with The Bouregreg A


Saudi launches world's largest desal plant

Saudi Arabia has commissioned the first phase of the world's largest desalination project, being built at a cost of SR27 billion ($7.2 billion) in Ras Al Khair, a report said. The plant for production and pumping of desalinated water and generation of electricity is located i

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