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Infrastructure and Property

Infrastructure and Property latest

Nakheel awards contracts worth over AED 3.5 billion to build 544 villas on Dubai’s Palm Jebel Ali
April 27th, 2026 - 05:37 GMT

Nakheel awards contracts worth over AED 3.5 billion to build 544 villas on Dubai’s Palm Jebel Ali

Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED 3.5 billion to Ginco General Contracting L.L.C and United Engineering Construction (UNEC) for the construction of 544 villas on Palm Jebel Ali, marking a key milestone in the delivery of one of Dubai’s most significant waterfront developments. Under the awarded contracts, Ginco will construct 354 villas across Fronds A to D, while UNEC will deliver 190 villas on Fronds E and F. Construction is scheduled to commence this quarter, with completion targeted for Q4 2028. Khalid ...
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The $7 billion Kuwait Metro project is another vital project currently in the stages of design and supervision.
July 17th, 2014 - 03:05 GMT

Catching up to a 'construction rush'? Kuwait construction sectors to hit $17.5 billion by year end

Al Bawaba
July 16th, 2014 - 03:41 GMT

Betting on a bubble? New $4 billion residential initiatives announced in Maktoum City

The overall positive market sentiment at the start of 2014 has also seen the reprisal of a number of stalled residential projects and launch of several new projects in the Northern Emirates,
July 16th, 2014 - 02:08 GMT

Ajman: a viable, more affordable property market?

For the World Cup, the 29-year old Ronaldo is reportedly earning $490,870 a week, after tax, amounting to a staggering $2,243,997 (USD) to take part in the 32-day event.
July 14th, 2014 - 03:39 GMT

Putting things in perspective: how many apartments in the Middle East can Ronaldo buy with his World Cup salary?

Although the company will finance half the cost from its resources, it is expecting to receive the remaining funds through the debt market along with the sales of some parts of the project,
July 14th, 2014 - 03:55 GMT

Dubai’s Mall of the World to foster ‘boom-bust’ cycle- Merill Lynch

With Dubai’s property market booming, analysts warn that several signs of excesses, reminiscent of pre-crisis years, are returning to the market
July 10th, 2014 - 02:24 GMT

The Ramadan tradition lives on: Damac to offer luxury BMW with property purchases

The UK capital recorded €32.2 billion (around $44.2 billion) worth of transactions in 2013, with the Middle East contributing roughly $7.5 billion.
July 10th, 2014 - 02:14 GMT

Sorry Dubai: why London's pricy property is still number one for ME investors

Al Bawaba
July 9th, 2014 - 07:56 GMT

DAMAC Properties launches its Ramadan promotion

Al Bawaba
July 9th, 2014 - 03:55 GMT

Hubris and greed: the toxic combination that drove the rise and fall of Arabtec?

Al Bawaba
July 9th, 2014 - 03:55 GMT

Worth every (billion) penny in debt: Mall of the World price revealed

Al Bawaba
July 8th, 2014 - 11:42 GMT

Narrowing things down: the cheapest and most expensive places to rent in Dubai

Al Bawaba
July 7th, 2014 - 08:38 GMT

TASWEEK: UAE real estate stabilizes in Q2 2014

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