Tuesday 26 May 2020

Dubai allocates $1.52bn land plots, mortgages to citizens

In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued directives to allocate 3,000 land plots and mortgages worth a total of Dh5.6 billion ($1.52 billion) to UAE citizens.  


Dubai intensifies inspections at construction sites over Covid-19

Dubai Municipality has annoucned that it has intensified monitoring and inspection of construction sites across the emirate to ensure all preventive and precautionary guidelines are being implemented and instructions in circulars followed. A total of 50,000 inspection visits were


Abu Dhabi's April real estate deals surge 34pc to $1.7bn

The value of real estate transactions in Abu Dhabi increased by 34 per cent to reach Dh6.3 billion ($1.7 billion) by April, through 2,617 real estate deals, compared to Dh4.6 billion ($1.25 billion) through 1,840 deals during the same period last year, according to statistics released by the De


Diyar Al Muharraq completes Al Bareh villas infrastructure work

Diyar Al Muharraq, one of the largest real estate development companies in Bahrain, has announced the completion of all primary and secondary infrastructure works on the villas located within the freehold Al Bareh development on the northern area of the South Island of Diyar Al Muharraq.


Sheikh Zayed Housing Programme approves $132m aid

UAE-based Sheikh Zayed Housing Programme said its board of directors has approved the names of 500 citizens eligible to receive housing assistance worth Dh486 million ($132.2 million), coinciding with Eid Al Fitr.   The programme is aimed at catering to the hous


Metito secures Thai water treatment programme contract

Metito, a global leader in smart water management and alternative energy solutions, has been signed up by top Thai renewable energy power producer Absolute Clean Energy (ACE) to conceptualise and execute a comprehensive water treatment programme for 10 biomass powerplants in 10 different loca


Doosan Portable Power names Genserv as new Oman dealer

Doosan Portable Power (DPP) has appointed Muscat-based General Engineering Services  (Genserv) as the authorised dealer for its generator and lighting tower ranges in Oman.   Genserv joins a high class network of 11 professional DPP dealers in 10 countries


Kleindienst to deliver three Heart of Europe islands by year-end

Kleindienst Group, a leading European real estate company based in the UAE, said construction work was progressing rapidly at The Heart of Europe, as the $5 billion master-planned leisure tourism island destination gears to deliver three islands within the luxury and touristic destination in


HFW boosts Mideast construction practice with key appointments

Global, sector-focused law firm HFW has strengthened its Middle East construction practice with the hire of Maria Deus in Abu Dhabi and the relocation of Kijong Nam from London to Dubai.   Deus is a construction disputes expert and joins HFW as a Legal Director


Heart of Europe takes shape as region's key island destination

The Heart of Europe – the $5 billion master-planned leisure tourism island destination developed by Kleindienst Group – is coming to life with construction progressing fast to deliver the experiential luxury and touristic destination in the Middle East later this year.

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