Tuesday 31 March 2015

$15.7m Muharraq market plan may be shelved

A contract to build a new BD6-million ($15.7 million) central market in Muharraq could be deemed null and void after Bahrain’s Works, Municipalities and Urban Planning Affairs Minister Essam Khalaf referred it to the Legalisation and Legal Opinion Commission. The decision w


Saudi Arabia gears up for construction machinery show

The Construction Machinery Show 2015, a dedicated event for heavy machinery and construction equipment in the GCC region, returns to Saudi Arabia with a much stronger showcase as it gets under way tomorrow in Dammam, in the Eastern Province of the kingdom. The show to be held fro


Lootah readies new payment plans for Dubai project

Lootah Real Estate Development, a Dubai-based high-end developer, has announced competitive payment plans for both UAE nationals and expatriates for its Shamal Terraces and Residences project. Ideally located in Jumeirah Village South in Dubai’s new growth corridor, Shamal


Dubai Properties set for top real estate show

Dubai Properties, leading real estate developer, will be announcing attractive offers for its extensive project portfolio at the International Property Show which opens tomorrow (March 30).   Its four prominent developments within the emirate - Mudon, Remraam, Dubai Wharf an


Abu Dhabi property rents, price stable in Q1

Property leasing and selling prices remained relatively stable in Abu Dhabi, UAE, for the first quarter of 2015, according to a report. The trend is in anticipation of the awarding of mega projects in Abu Dhabi and Dubai which are expected to attract more professional human resou


Malaysia's Eversendai wins Riyadh Metro deal

Malaysia-based Eversendai Corp, an engineering and construction company, said it has won a contract from Saudi Arabia to carry out the steel works and cladding for lines 1 and 2 of the Riyadh Metro stations. A major player in landmark projects across Southeast Asia and the Middle


Dubai’s success story inspires Swiss project

Inspired by the success and growth of Dubai over the years, Swiss entrepreneur Remo Stoffel, chairman of UAE-based facilities management company Farnek,has unveiled the design for what will become the world’s tallest hotel in the Swiss Alps. Located in Vals, the 7132 resort


Dubai developer Teyban to unveil Sparkle Towers

Tebyan, a leading real estate development company, will be unveiling its Sparkle Towers - Space Marveled by Swarovski at the upcoming  International Property Show (IPS 2015) in Dubai, UAE. The Sparkle Towers, strategically located in the heart of one of Dubai’s trendie


Damac to offer big sales deals at Dubai show

Damac Properties, a leading property developer in the UAE, will be announcing special offers and payment plans for a  number of properties across a select portfolio in Dubai at the upcoming International Property Show 2015. A pioneering exhibition for selling and promoting r


12 major players bid for Oman water project

Twelve leading international consortiums have submitted prequalification bids for independent water projects (IWPs) at Sohar and Barka areas of Oman, said a report. These include France-based Veolia (with Marubeni Corporation); Japanese engineering group Itochu (with Degremon); F

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