Qatar’s Airport City project to be tendered after 2 years
The invitation of tenders for the construction of Qatar’s Airport City project will be announced after the end of 2016, according to a recent report.
Canary Wharf worth $4.4bn more than takeover offer
Songbird Estates, the majority owner of London's Canary Wharf, said an upturn in property markets means it is now worth 2.82 billion pounds ($4.42 billion), more than the takeover offer from QIA and Brookfield Property Partners .
Qatar unveils new designs for Khalifa stadium in Doha
MEETING FIFA REGULATIONS
Qatar has unveiled new designs for the renovation of the Khalifa football and athletics stadium in Doha, according to a report.
Qatar plans big investment in rail infrastructure
Qatar is planning to invest about $43.62 billion for the development of the advanced transport infrastructure in the country with special focus on the rail network, said a report.
Saudi government writes off $52m housing loans
The Saudi Ministry of Housing has written off SR198 million ($52.7 million) in loans given to 852 citizens, who are now dead.
Dubai, UNEP launch centre for sustainable cities
Dubai Land Department (DLD) has joined hands with the United Nations Environment Program (UNEP) to launch 'The Regional centre for Resource Efficient and Sustainable Cities' for the Arab region.
Jafza’s steel firms record 20pc growth
The steel companies in the Jebel Ali Free Zone (Jafza) recorded a 20 per cent growth last year, more than the rate of the industry growth in the UAE, according to a report.
Qatar infrastructure spend to hit $200bn
MASSIVE PRIVATE INVESTMENTS SEEN
The infrastructure investments in Qatar will surge to over $200 billion by the next decade as additional investments start pouring in from the private sector to complement the government's development drive, said an expert.
Saudi Arabia spending $30bn on ports infrastructure
Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with infrastructure projects planned and currently in progress totalling more than $30 billion.
Arabtec board changes hit $40bn Egypt housing project
NEGOTIATIONS MOVING SLOWLY
Negotiations to implement a $40-billion scheme for one million new homes in Egypt have been slowed by board changes at the Dubai-based contractor Arabtec Holding, Egypt's housing minister said on Thursday.
UK student residence project eyes GCC investors
The UK’s leading retailer of investment property, Select Property Group, is launching its newest Vita Student accommodation scheme for sales in the UAE to woo investors in the GCC.
UK firm to launch housing sale for UAE students
Select Property Group, a UK-based leading retailer of investment property, is launching its newest student accommodation scheme for sales in the UAE.