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Update on how the giant Dubai Creek Tower is shaping up

Wednesday, 16 August 2017

Announced in October of last year, Dubai Creek Tower, is now among the UAE’s skyscraper giants, despite not having its exterior skeleton ready yet. The company in charge of building the tower, Emaar, released new aerial photographs resembling the tower’s blue print. The pictures also show the workers finalizing the tower’s foundations. Dubai Creek Tower is situated in Dubai’s Creek Harbor, which is spread over an area of 3.7 sq. km. This area allows the structure to ...

Report unveils Dubai and Abu Dhabi property market performance in H1 2017

Wednesday, 12 July 2017

The number 1 property portal in the UAE, Bayut.com, has confirmed exclusively to Al Arabiya English that the UAE estate market has witnessed a balancing act in the first half of 2017; despite both sale and rental prices in Dubai and Abu Dhabi having experienced a small dip, the market still represents a rich ground for investors looking for strong returns. The CEO of Bayut.com, Haider Ali Khan, stated that: “We at Bayut have always been data focused and our aim is to be at the forefront of ...

Arabtec wins contract to build UAE Pavilion for Dubai Expo 2020

Tuesday, 4 July 2017

Arabtec Construction, known for its landmark projects such as the Louvre Abu Dhabi and the expansion of Abu Dhabi Airport, has been awarded the contract to build the UAE Pavilion, the main platform at Expo 2020. The announcement has been made by the UAE’s official news agency, WAM, on Tuesday, citing a government entity. The National Media Council, the UAE government entity responsible for building and operating the UAE Pavilion at Dubai Expo 2020, said Arabtec Construction, a wholly-owned ...

600 Saudis working with ‘Saudi Oger’ to be transferred to other firms

Friday, 16 June 2017

The official spokesman of the Ministry of Labor and Social Development, Khalid Aba al-Khail, said that since the problem of the employees working in “Saudi Oger LTD" company started, the ministry has been following up along with the government agencies and with the company itself, towards a solution. All the rights of the employees are documented at the Ministry which has appointed lawyers to plead for these employees in front the judicial authorities in Saudi Arabia. He explained ...

WATCH: ‘Global Center for Combating Extremist Ideology’ being built in 30 days

Monday, 22 May 2017

World leaders, including Saudi King Salman bin Abdulaziz and US President Donald Trump, inaugurated the Global Center for Combating Extremism headquartered in Riyadh as the US-Islamic Summit came to a close on Sunday. Riyadh hosted on Saturday and Sunday three anticipated summits during Trump’s visit to Saudi Arabia with nearly 50 leaders, mainly from the Muslim world will be attending. The center took 30 days and 720 hours to build.

Know the aims of Saudi Arabia’s Vision 2030 housing and lifestyle programs

Monday, 1 May 2017

The 10 programs which the Saudi Council of Economic Affairs and Development recently identified to achieve Saudi Vision 2030 include housing and lifestyle improvement plans The housing program aims to provide a dignified life for Saudi families by enabling them to own houses that match their needs and financial capabilities. The program also includes developing the residential and construction sectors via the most modern techniques such as the 3D construction techniques. This is in addition to ...

UAE’s Aldar Properties eyes mid-income market with $354 mln project

Monday, 17 April 2017

Aldar Properties, the largest developer in Abu Dhabi, is betting on the middle income segment with a new project to boost revenues in a depressed real estate market. The move from the state-linked builder of Abu Dhabi's Formula One circuit came as property values and rentals have both fallen due to the economic hit from a sharp drop in oil prices in 2014.Aldar on Monday launched a 1.3 billion dirhams ($354 million) mid-market residential project that will build 1,272 units ahead of the emirate's ...

In Pictures: Dubai to build MENA’s largest marina

Monday, 2 January 2017

Dubai said the new project will include a 135-metre (443-foot) lighthouse featuring a hotel and observation deck

Qatari construction firm IHG to list shares in $138 million offer

Monday, 2 January 2017

Qatari construction firm Investment Holding Group (IHG) will launch an initial public offer of its shares next week in a boost for the country’s stock market

Saudi Build 2016 expo secures large commercial deals at close

Sunday, 6 November 2016

Exhibition remains leading platform supporting sustainable growth of construction sector in Kingdom

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