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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
May 14th, 2014 - 10:28 GMT

What better way to go global? Arabtec to become regional sponsor of Manchester City

he rise in hotel deal volumes, with new Gulf/Asian sovereign wealth funds eager buyers for luxury hotel assets, is hugely bullish for shares, especially if the Paris and Hong Kong Intercons go on the block, as they surely will.
May 13th, 2014 - 10:39 GMT

A 'First World' War: Luxury hotels are fighting a vicious battle against one another

Al Bawaba
May 13th, 2014 - 06:56 GMT

Time to face reality: Dubai passes new regulations to ease realty 'bubble'

Al Bawaba
May 11th, 2014 - 05:56 GMT

Dubai Properties (DP) launches 200 units for sale at its Remraam Community

It is targeting global players in high-margin sectors such as oil and gas, power plants, infrastructure, and facility management of huge industrial plants, he said.
May 8th, 2014 - 02:42 GMT

Thank you oil prices? Arabtec profits 'more than double'

At the end of 2013, the fast expanding emirate saw total housing stock reaching 232,000 units, says Colliers International, a leading property advisory firm.
May 8th, 2014 - 02:04 GMT

It runs in the 'family': an impending housing bubble in Abu Dhabi?

Tenants have said that the law would displace thousands of families who rent in Beirut under an old law that governs lease contracts enacted before 1993.
May 8th, 2014 - 04:28 GMT

Landlord efforts go down the drain in Lebanon: After passing through parliament, Suleiman refuses to sign new rent law

Out of the total, 14,438 transactions were in Amman alone, accounting for 42 per cent, and 19,560 transactions were in other governorates, accounting for 58 per cent.
May 7th, 2014 - 11:54 GMT

Real estate sector in Jordan gaining unstoppable momentum

In March 2014 alone, foreigners bought 478 properties in Istanbul, out of a nationwide total of 1,362, according to the Turkish Statistical Institute.
May 7th, 2014 - 11:35 GMT

Why Gulf investors hold the key to future growth in Istanbul

The Suez Canal is the fastest shipping route between Europe and Asia and brings around $5 billion a year.
May 7th, 2014 - 02:55 GMT

High bids, higher stakes: Winner of massive Suez Canal tender to be announced next month

Al Bawaba
May 7th, 2014 - 02:02 GMT

Amman, keeping things class-y: Abdali Boulevard to open for business on June 11

Al Bawaba
May 6th, 2014 - 10:17 GMT

Leading tech company wins $28 million Jeddah Metro contract

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