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Real Estate News

 February 4, 2012 Saudi- Top govt officials to disclose assets , Arab News
(MENAFN - Arab News) The means and ways to be followed by senior government officials in disclosing their holdings and properties have been submitted to Custodian of the Two Holy Mosques King ...
 February 4, 2012 Saudi- Move to regulate random real estate offices lauded , Arab News
(MENAFN - Arab News) A former senior official at Jeddah Chamber of Commerce and Industry has lauded the efforts of the Makkah governorate and the chamber to regulate the real estate sector. ...
 February 4, 2012 Buildex attracts global investors amid Saudi construction boom , Arab News
(MENAFN - Arab News) Buildex 2012 - the 14th Saudi International Building & Construction Exhibition, continues to provide the ultimate platform for companies to showcase their products ...
 February 3, 2012 Dubai's Union Properties secures USD108.9m credit facility , MENAFN
(MENAFN) Dubai-based Union Properties secured USD108.88 million credit facility from Emirates NBD, to finance two stalled hotel projects in its MotorCity development scheme, Bloomberg reported. ...
 February 2, 2012 Saudi- Cement crisis worsens , Arab News
(MENAFN - Arab News) A cement crisis resulting from illegal trading and a steep hike in prices is spreading from Jeddah and Madinah to other major cities and regions in the Kingdom. ...
 February 1, 2012 Bahrain's govt signs USD550m public housing deal , MENAFN
(MENAFN) Bahrain's housing minister, Basim bin Yacob Al Hamer, said that the government inked a USD550 million deal with Naseej, a Bahrain-based developer, to construct public housing in the country ...
 January 31, 2012 Oman to boost spending on construction by 23% in 2012 , MENAFN
(MENAFN) Oman's Ministry of Housing said that in the financial year 2012, the government would increase spending on construction industry by 23 percent over 2011 to USD10 billion ...
 January 31, 2012 Finish Makkah projects on time: Governor , Arab News
(MENAFN - Arab News) Makkah Gov. Prince Khaled Al-Faisal on Monday stressed the fact that the Saudi government is keen on the speedy completion of development projects in Makkah and the holy sites ...
 January 30, 2012 Abu Dhabi Govt awards USD95.2m construction deals to UAE firms , MENAFN
(MENAFN) Target Engineering, a subsidiary of Arabtec, the Dubai construction company, said that it inked USD69.67 million worth of construction deals with the Abu Dhabi Government ...
 January 30, 2012 Abu Dhabi approves metro funding , MENAFN
(MENAFN) Abu Dhabi's Department of Transport said that the emirate's Executive Council approved the funding of Abu Dhabi metro and light-rail transit system, reported Gulf News. ...