Wednesday 22 May 2013
 
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Staff shortage hits Bahrain projects

A Shortage of ministry staff is crippling development projects across Bahrain, said a report citing a top government official. Eight public parks, three walkways and several coastal developments have been affected by the delays, s

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RAK Prop offers full ownership packages

RAK Properties, the biggest property developer in Ras Al Khaimah, has launched sales packages for customers allowing them full ownership of units in Mina Al Arab and Julfar Towers in the emirate.

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Bahrain announces $166m new projects

Public projects worth BD63 million ($166 million) will be carried out across the kingdom between now and the end of next year, Municipalities and Urban Planning Affairs Minister Dr Juma Al Ka'abi revealed. The new projects wer

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Budget delays stalled projects in Bahrain

Dozens of municipal projects are currently stalled as a result of delays in approving Bahrain's national budget, a report said. The Municipalities and Urban Planning Affairs Ministry has around 40 projects in the pipeline for

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Drake & Scull Q1 profit surges 47pc to $17m

Drake & Scull International (DSI), a leader in engineering and construction, posted a net profit of Dh63 million ($17.14 million) for the first quarter of the year, representing an increase of 47 per cent compared to the same period in 2012.

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Bahrain plans new projects worth over $22m

Bahrain has drawn up plans for several new projects worth more than $22.6 million for the Southern Governorate. They include a BD7 million ($18.4 million) central market in East Riffa, a BD1.5 million shopping complex in Askar, a

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Abu Dhabi tops in global mall development ranking

Abu Dhabi has more than 0.8 million sq m of new retail space under development, placing the UAE capital amongst the leading cities globally for shopping centre development, said a report.  Across the world, an unprecedented 32 mi

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Abu Dhabi tops in global mall development ranking

Abu Dhabi has more than 0.8 million sq m of new retail space under development, placing the UAE capital amongst the leading cities globally for shopping centre development, said a report.  Across the world, an unprecedented 32 mi

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Qatar group plans construction JV with Sirti

Top Qatari business conglomerate Ghanim Bin Saad Al Saad & Sons Group (GSSG) has joined hands with Italy's Sirti, a leading technology company in the design and implementation of network infrastructures and system integration, to set up

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40,000 homes to enter Dubai property market

  Another 40,000 new homes will enter Dubai's property market over the next two years as developers revive projects stalled after the collapse of the emirate's real estate market, a report said on Sunday. &nb

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