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real estate

Sep 19

DAMAC Awarded ‘Property Developer of the Year’ in 2019 International Business Magazine Awards

DAMAC Awarded ‘Property Developer of the Year’ in 2019 International Business Magazine Awards

DAMAC Properties, a leading luxury real estate developer in the region, has been recently awarded the ‘Property Developer of the Year UAE 2019’ at the International Business Magazine Awards.

The International"...

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Sep 15

Al Zahia Sets a New Benchmark by Launching Exclusive Residential Plots at “Orchid” With Direct Access to the Northern Emirates’ Biggest Mall

Al Zahia Sets a New Benchmark by Launching Exclusive Residential Plots at “Orchid” With Direct Access to the Northern Emirates’ Biggest Mall

Sharjah Holding PJSC, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, announced the launch of its newest neighbourhood – Orchid – offering buyers the opportunity to own a limited number of exclusive residential plots, ranging from 5,000"...

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Sep 11

France satisfied with progress on infrastructure program

France satisfied with progress on infrastructure program

French President Emmanuel Macron is satisfied with Lebanon’s progress on starting an infrastructure investment program, said the office of Prime Minister Saad Hariri, following a phone conversation between the two leaders.

This statement came after Pierre Duquesne, a"...

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Sep 10

Questioning Lebanese real estate as an investment proposition

Questioning Lebanese real estate as an investment proposition

In the beginning, the land was empty and without borders, but then came people who settled on the land and built upon it. The people divided the land into plots large and small and invented rights of ownership to the land, all that was built on it, the water and resources beneath it, and"...

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Sep 10

Over 300 new real estate projects

Over 300 new real estate projects

Since 2018 more than 300 real estate residential building projects have been launched. In 2018 there were 263 new projects underway and 51 have been launched in the first six months this year, according to ‘Still Building Apartments’, an article published in the September issue"...

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Sep 09

BentallGreenOak Continues Its ESG Leadership With Top Rankings in the 2019 Global Real Estate Sustainability Benchmark (GRESB)

BentallGreenOak Continues Its ESG Leadership With Top Rankings in the 2019 Global Real Estate Sustainability Benchmark (GRESB)

BentallGreenOak (BGO) announced today that it has again achieved top global rankings in the 2019 Global Real Estate Sustainability Benchmark (GRESB), continuing the company’s exceptional global leadership position in sustainable investing for the 9th straight year.

The"...

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Sep 06

City of Tampere: First Downtown Arena in Finland Got Its Ground-breaking Ceremony - Arena Designed by Daniel Libeskind

City of Tampere: First Downtown Arena in Finland Got Its Ground-breaking Ceremony - Arena Designed by Daniel Libeskind

The City of Tampere’s newest district is being constructed over the railway tracks in Tampere city centre. The main landmark for the Tampere Deck district, the Tampere Deck Arena will be Finland’s biggest sports and event venue. The foundations for the building were laid on"...

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Sep 02

Musanada completes $44.5m infrastructure project

Musanada completes $44.5m infrastructure project

Abu Dhabi General Services Company (Musanada) said that it has completed, in collaboration with Abu Dhabi City Municipality, all the works of Phase II of the Dh163.4 million ($44.5 million) internal road and infrastructure project at East 25, at Al Nahyan Camp area of Abu Dhabi.
...

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Aug 29

Orascom Construction posts $142.4m H1 EBIDTA

Orascom Construction posts $142.4m H1 EBIDTA

Egypt-based Orascom Construction said that its consolidated EBITDA increased 26.8 per cent in the first six months (H1) of the year to $142.4 million.

Pro forma EBITDA including 50 per cent in BESIX increased 15.6 per cent y-o-y to $176.0 million in H1 while net income attributable"...

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Aug 28

China steelmaker Masteel opens Jafza base

China steelmaker Masteel opens Jafza base

Maanshan Iron and Steel Company (Masteel), a leading Chinese steel manufacturer, has announced the formal establishment of Masteel Middle East in Jebel Ali Free Zone (Jafza), Dubai, UAE.

Qian Haifan, general manager of Masteel, and Ahmad Al Haddad, chief operating officer,"...

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