Saturday 20 December 2014
 
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Housing

Sewage dispute talks in Bahraini development under way

Negotiations are under way to resolve a financial dispute that threatened to result in a luxury housing development in Bahrain being swamped with overflowing sewage. A Dubai-based company that operates a water treatment centre for

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Khodari wins $360m university housing deal

Saudi construction firm Abdullah Abdul Mohsin Al Khodari and Sons has won a SR1.35-billion ($359.7 million) contract from the government for the construction of staff housing at King Khaled University, it said in a statement on Thursday.

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Arabtec board changes hit $40bn Egypt housing project

Negotiations to implement a $40-billion scheme for one million new homes in Egypt have been slowed by board changes at the Dubai-based contractor Arabtec Holding, Egypt's housing minister said on Thursday. But Mostafa Madbouly

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Sewage threat over debt row in Bahraini development

A dispute over an outstanding debt of BD1 million ($2.6 million) could leave residents of a luxury housing development in Riffa, Bahrain, in a river of sewage. Dubai-based Metito, which operates a plant that treats wastewater in R

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House prices soar in Riyadh despite new supply

The residential prices in Riyadh, Saudi Arabia, have risen by five to seven per cent in the past year and are expected to continue to move in an upward direction in the short- to medium-term, with new supply unlikely to be able to fully o

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Nakheel seals Palm Jumeirah housing deal

Nakheel, one of the world’s leading developers, has reached an agreement with Souq Residences, a joint venture between IFA Hotels & Resorts and Istithmar World, on the Golden Mile mixed-use development on Palm Jumeirah in Dubai, UAE.

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Sodic to launch major housing project in Egypt

Sodic, one of the region's leading real estate development companies, will soon launch the first phase of Villette, its integrated community project in New Cairo, Egypt. The project, which has been master-planned by renowned America

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UAE to provide $1.36bn housing loans

The UAE Ministry of Finance has signed a memorandum of understanding (MoU) with Sheikh Zayed Housing Programme and Emirates Development Bank to provide housing loans to UAE citizens. As per the deal, the ministry will offer Dh5 bi

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Solutions for consistent concrete supply in GCC in focus

Several of the world’s largest construction and concrete companies will gather in Dubai this month to discuss solutions to ensure a consistent supply of the most-used building material – concrete.   With infrastru

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Iraq's housing ministry revamps website

The Ministry of Construction & Housing in Iraq has launched its new-look website with several key features for an easier interaction and enabling customers to find key information about its various projects.   The multi-li

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