Thursday, November 21, 2019

Property

Latest updates on property, launch of new projects, implementation of new technology along with growth and development of real estate business in GCC.

How Dubai’s prime property prices compare to cities worldwide

Average cost of a prime apartment in Dubai is $8,400 per square metre.1. Monaco is the world's priciest place to buy a prime...

Good times turn to pain for UAE construction

Investors in United Arab Emirates construction stocks can remember the good days — when oil above $100 a barrel encouraged a seemingly endless stream...

Bahrain: Huge Fire in Hidd, Caution for Rainy Season

The General Directorate of Civil Defense managed to put out and control a huge fire on a building’s rooftop in Hidd area. The Ministry...

What caused the Sharjah power glitch

Residents experienced rolling brownouts on Saturday and early Sunday, disrupting electrical power supply to homes and businesses in some areas of the emirate, said...

Saudi housing crisis tests Crown Prince’s reform drive

 RIYADH, May 31 (Reuters) - Saudi Arabia's crown prince wants to build a mega-city with the latest robotics under his grand plan to reform...

Saudi to resume building mammoth Mecca hotel

Saudi Arabia is set to restart work on one of the world’s largest hotel projects, the US$3.5bil (RM15bil) Abraj Kudai in Mecca, which halted...

Where are rents dropping fastest in Dubai?

The Q3 Dubai Real Estate Report from real estate consultancy Asteco showed that Dubai Marina posted the highest decline in rental rates at 19...
expats in saudi

Cost Of Construction In Gulf Countries Set To Pick Up Soon

The cost of construction in the Middle East is set to pick up in 2019 after a period of stagnation, according to new research.Global...

Dubai To Build Its Latest Super Tall Tower Soon

Belhasa Six Construct (BESIX) has been awarded the construction contract for Dubai’s latest super-tall tower.Belgium-based BESIX will build the 78-storey building in Jumeirah Lakes...

Abu Dhabi property prices drop up to 16%

The price of property in Abu Dhabi has fallen by between 4 and 16% depending on area in the first two quarters of this...
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