Tuesday 25 July 2017
 
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Housing

Kuwait awards $709m infrastructure project deal

The Kuwaiti government has awarded infrastructure projects worth KD215 million ($709 million) in the South Matlaa area of the country, said a report. A Chinese company has been roped in for the development works including the cons

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Dubai residential prices fall 3.7pc in Q1

Dubai's residential property prices fell 3.69 per cent during the first quarter (Q1) of the year, an improvement from the price decline of 9.26 per cent a year earlier, a report said. House prices fell 2.4 per cent during the

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Saudi Arabia approves new designs for 100,000 homes

Engineering designs for 100,000 housing units that will cater to Saudi Arabia's middle-income earners have been approved by the Saudi Ministry of Housing, said a report. The projects, designed by Egyptian property developer Al

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Abu Dhabi approves $653m housing loans

The Abu Dhabi government has announced plans to issue a new batch of housing loans worth Dh2.4 billion ($653 million) to 1,250 beneficiaries in the emirate as part of its initiative to provide all the necessities for a dignified lifestyle and ap

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UAE inflation edges up to 2.2pc during January-May

The inflation rate in consumer prices in the UAE during the first five months of 2017 stood at 2.2 per cent, according to Statistics Centre - Abu Dhabi (SCAD), a report said. The relative change rate in consumer prices during May

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UAE inflation edges up to 2.2pc during January-May

The inflation rate in consumer prices in the UAE during the first five months of 2017 stood at 2.2 per cent, according to Statistics Centre - Abu Dhabi (SCAD), a report said. The relative change rate in consumer prices during May

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Kuwait awards $4.6bn infrastructure contracts in Q1

Kuwait’s projects market has started 2017 with a bang with the government having awarded KD1.4-billion ($4.6 billion) contracts in the first quarter and another KD6.2 billion ($20 billion) worth of contracts likely by the year-end, said a

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Eskan showcases social housing project

Eskan Properties Company, which is 100 per cent owned by Bahrain’s Eskan Bank, is showcasing Danaat Al Lawzi, a major affordable housing project, at the Gulf Property Show, which opened in Bahrain today. Located west of Hamad Town

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Manara to unveil novel housing projects at Gulf Property Show

Manara Developments, a leading real estate development company, is set to launch two unique housing projects - Hasabi and Wadi Al Riffa - at the Gulf Property Show 2017 which opens this week in Manama, Bahrain. The event, being or

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Bahrain to allocate 4,200 new homes

Bahrain authorities have issued instructions for the swift allocation of 4,200 housing units at various locations across the kingdom. In line with His Majesty King Hamad’s directive to provide modern and affordable housing a

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