Wednesday 22 October 2014

Bahrain starts work on $19m ring road

Work has begun on the first phase of the BD7.4-million ($19.5 million) Sheikh Khalifa bin Salman Highway ring road project in Bahrain which is aimed at helping reduce traffic heading from Hamad Town. The project involves creation of a two-direction 280-km-long flyover with two la


Bahrain real estate firm names new chief

Bahrain-based Commercial Real Estate Development Company has appointed Fawaz Ibrahim as its new chief executive. Ibrahim has more than 17 years of experience in real estate and financial investment, including real estate services, said a report in the Gulf Daily News (GDN), our s


Quality homes in demand in Bahrain

Economic stability has begun to impact on residential rents, by stabilising rates and encouraging tenants to turn their attention to higher quality schemes in Bahrain, according to new analysis by Cluttons. A new report from the international real estate consultancy indicated tha


Dubai sees real estate 'hotspots' expanding

Thanks to a robust property sector growth, the real estate hotspots in Dubai, UAE, are expanding fast amid renewed interest from investors in newer areas that were not considered  'hot' a few years ago, said experts. While areas like Downtown Dubai, Business Bay, The Palm

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