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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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Al Bawaba
June 25th, 2014 - 06:45 GMT

Dubai leads global race in becoming smartest city

“Most of the end users are Lebanese, so a lot of expats are buying properties for their families here as well and not just for themselves,” he added.Stephan pointed out that most investors and buyers are Lebanese expats, stressing the absence of Gulf demand for real estate in the market.
June 24th, 2014 - 10:15 GMT

Why are Lebanon's apartments 'shrinking'?

Aqaba is a strategically located safe haven sharing a coastline with Egypt and bordering Saudi Arabia, Syria, Iraq, and Israel at the mouth of the Red Sea.
June 24th, 2014 - 12:44 GMT

Citi To Host "Invest In Aqaba" Seminar

Al Bawaba
June 24th, 2014 - 04:27 GMT

Emaar Middle East launches ‘Emaar Square,’ an exceptional commercial destination set in Jeddah Gate’s Crescent Plaza

Arabtec shares fell by 9.86 per cent while Emaar fell by 3.44 per cent and Deyaar by 2.52 per cent.
June 22nd, 2014 - 04:47 GMT

Arabtec's drama drags dubai shares down

Al Bawaba
June 22nd, 2014 - 08:40 GMT

Government support critical for successful transformation of a city to a Smart City

“The idea is to put fear in these migrant workers. No one speaks up and everyone works as a robot,” he said. “The migrant workers have built these countries and for them to be treated this way is just obscene.”
June 20th, 2014 - 11:18 GMT

Why, despite midday break, the Gulf countries should not be given a break from modern-day slavery criticism

Al Bawaba
June 19th, 2014 - 12:08 GMT

What's keeping the resignation of Arabtec's billionaire CEO a mystery?

Al Bawaba
June 18th, 2014 - 02:03 GMT

Post-crisis honeymoon over? First Jordanian billionaire quits Arabtec's CEO post over plunging shares

Al Bawaba
June 17th, 2014 - 10:41 GMT

A sign of desperation or rationality? Dubai mulls new fees to curb off-plan property sales

“Such a huge increase in lending is simply not consistent with economic order and stable asset prices. The time for policy action is now, before bubbles really get going, not when they are already in place.”
June 16th, 2014 - 09:12 GMT

Bubble or no bubble: Dubai's shattering moment of truth

Al Bawaba
June 16th, 2014 - 10:42 GMT

DAMAC Properties tops off DAMAC Tower with Interiors by Versace Home in Beirut

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