Monday 25 May 2015
 
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Housing

Egypt 'approves' Arabtec's million homes project

Dubai-based builder Arabtec has received Egyptian cabinet approval for a housing project to build a million homes, said Egypt's assistant housing minister Khaled Abbas on Monday a day after media reports stated that the deal had fallen throu

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UAE inflation rise slows in April

Annual inflation in the UAE slowed down slightly after hitting a six-year-high in March, data from the country's National Bureau of Statistics said. The inflation rose 4.2 per cent in April this year compared to the same month

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Bahrain council in new housing push

A private land in a Bahraini village could be seized and used to build government homes if municipal councillors have their way. The Northern Municipal Council previously earmarked the land in Shahrakan for social housing, but the

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Naseej-BBK sign housing finance deal

Naseej has signed a memorandum of understanding with Bank of Bahrain and Kuwait (BBK) to provide financing solutions for social and affordable housing units currently being offered for sale within the company's Jumana project at Al Madina Al

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Naseej-BBK sign housing finance deal

Naseej has signed a memorandum of understanding with Bank of Bahrain and Kuwait (BBK) to provide financing solutions for social and affordable housing units currently being offered for sale within the company's Jumana project at Al Madina Al

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$90m allocated to renovate dilapidated homes in Bahrain

Bahrain’s Housing Ministry has allocated BD34 million ($90.1 million) in the form of loans for needy Bahraini families to renovate their dilapidated homes. The His Majesty King Hamad Scheme for Dilapidated Homes, which was o

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Housing boost for new town in Bahrain

More than 3,800 homes are currently being built at the new Northern Town off the Duraz coast in Bahrain, Housing Minister Bassem Al Hamer told MPs yesterday (May 5). He was responding to a question about future development at the

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Retail boom, housing to drive ME real estate market

The rising demand for destination retail and affordable housing is likely to drive the growth of real estate market in Middle East region which is likely to hit $113 billion by 2019, said a report. The future growth of the regiona

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Retail boom, housing to drive ME real estate market

The rising demand for destination retail and affordable housing is likely to drive the growth of real estate market in Middle East region which is likely to hit $113 billion by 2019, said a report. The future growth of the regiona

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UAE inflation surges to six-year high in March

The inflation in the UAE hit a nearly six-year high of 4.3 per cent on an annual basis in March, according to a report. The housing and utility costs, which account for over 39 per cent of consumer expenses, jumped 9.3 per cent fr

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