• Lebanon's real estate transactions hit $6.7bn


    The number of real estate transactions in Lebanon surged 10.6 per cent to hit $6.7 billion in the first nine months of 2014 compared to $6 billion during the same period last year, said a report.

  • Dubai to open 14-km Jumeirah Corniche


    Dubai's Roads and Transport Authority (RTA) is set to fully open the 14-km-long Jumeirah Corniche, which boasts a five-m-wide walk, a jogging track and relaxation areas comprising retail kiosks besides shaded benches overlooking the sea.

  • Majid Al Futtaim to build $683m Mall of Egypt


    Majid Al Futtaim is set to invest 4.9 billion Egyptian pounds ($683.4 million) in the construction of the Mall of Egypt.

  • Samsung wins $600m Turkey power plant deal


    Samsung C&T Corp has won a 630 billion won ($597 million) order to build a power plant in Turkey from Saudi Arabia's ACWA Power International.

  • Aldar completes Abu Dhabi mall construction work


    Aldar, a leading property developer, has completed the construction work at Yas Mall, Abu Dhabi's ultimate retail destination, and is gearing up for its launch ahead of the Abu Dhabi Grand Prix weekend in November, said a report.

  • Qatar’s real estate prices hit new high


    Qatar's real estate price index hit an all-time high, surging a record 42 per cent in September, compared to the same month last year, said a report.

  • Khodari may double capex for big Saudi projects


    Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said it may double its capital spending in coming years to cope with the work it hopes to do on the country's big infrastructure projects.

  • Management deals 'key to Qatar's property growth'


    Development management agreements (DMA) are vital for protecting success in the real estate market in Qatar, said an industry expert.

  • New hotels to be built at Dubai World Central


    Two new hotels are being built at the Dubai World Central (DWC), the world's first purpose-built aerotropolis, which will be managed by the InterContinental Hotels Group (IHG).

  • Kanoo, UK group to set up access platforms JV


    Kanoo Machinery, one of the leading materials handling solutions providers in the GCC, is set to sign a new partnership deal with IPS, the largest independent full service distributor of powered access platforms (aerial lifts) in the UK.

  • Top design experts at Dubai Downtown fair


    Downtown Design, a leading platform for contemporary original design in the Middle East, has announced its final line-up of keynote speakers at the event's second edition to be held from October 28 to 31 in Dubai, UAE.

  • New law to boost Bahrain property investments


    With the new real estate development law that seeks to protect the interests of investors and developers, Bahrain is set to attract significant investments into its property market, said an expert.

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Construction News

Lebanon's real estate transactions hit $6.7bn

The number of real estate transactions in Lebanon surged 10.6 per cent to hit $6.7 billion in the first nine months of 2014 compared to $6 billion during the same period last year, said a report....


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