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Real Estate


Real estate projects news


Cayan starts construction on Riyadh business centre Subscription

5 July 2015 | By

Local developer breaks ground on project it announced in April

DIFC in Dubai

Dubai's DIFC breaks ground on new office building Subscription

5 July 2015 | By

Gate Village project is part of plans to triple in size by 2024

The closing date for the Palm Gateway contract is 11 January. The scope of work involves building three high-rise towers at the base of Palm Jumeirah

Nakheel receives bids for Gateway Towers Subscription

1 July 2015 | By

Contract involves building three high-rise structures at base of Palm Jumeirah

Deira Islands, Dubai

Van Oord wins Dubai offshore work Subscription

30 June 2015 | By

Dredger will complete marine work on Nakheel’s Deira Islands development

Egypt construction

Egypt to get slum redevelopment grant Subscription

29 June 2015 | By

UAE to provide grant to build housing units

Egypt’s capital city infrastructure work to continue

Egypt’s capital city infrastructure work to continue Subscription

25 June 2015 | By

Government will not cancel any utilities and infrastructure projects related to new city

Artist rendering showing part of Egypt's planned New Capital City Project

Egypt’s capital city project could be cancelled Subscription

25 June 2015 | By

Cairo and Capital City Partners may have cancelled the agreement to develop mega city project

The local Emaar Properties has restricted resales on its Dubai Creek Harbour units until handover, which is expected in 2018

Dubai drives on with creek projects Subscription

22 June 2015 | By

Emirate’s focus has returned to its traditional base

Bahrain expects new line-up of projects

Bahrain plans major tourism project Subscription

21 June 2015 | By

Government-backed tourism project expected to be developed in Bahrain


World’s tallest commercial tower to be designed by US firm Subscription

17 June 2015 | By

US firm appointed to design commercial skyscraper in Dubai

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Market news

Offshore oil exploration

Profits fall at Abu Dhabi's Ipic Subscription

2 July 2015 | By

Lower oil prices cut into profits by 30 per cent

Kuwait City

Kuwait real estate down this year Subscription

1 July 2015 | By

Property sector slows down despite positive economic forecasts

Egypt attacks continue to spare projects market

Egypt attacks continue to spare projects market Subscription

30 June 2015 | By

Development schemes remain relatively safe as attacks continue to target government officials

Halong Bay Vietnam

Limitless plans new overseas projects Subscription

30 June 2015 | By

Dubai-based developer to announce new developments very soon


Egypt's capital city project not cancelled Subscription

29 June 2015 | By

Housing Ministry says talks for megaproject still ongoing

Jebel Ali

Limitless to pay debts early as part of restructuring Subscription

29 June 2015 | By

Developer says it will pay $563.6m to banks and trade creditors

Artist's rendition of Vida Town Square Dubai hotel

Local firm appointed for Town Square project Subscription

29 June 2015 | By

Construction contract awarded for first phase of Dubai scheme

Cairo Egypt

Emaar Misr IPO oversubscribed Subscription

28 June 2015 | By

Initial market capitalisation down from earlier estimates

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Real estate trends

Middle East contracts March 2015

Middle East contracts awarded: March 2015 Subscription

15 April 2015

Over $6bn of contracts awarded in March in the Middle East

Construction leaders survey

Sourcing construction talent remains a challenge Subscription

7 April 2015 | By , Katie Briggs

Recruiting and retaining employees with the right skillsets is an issue that continues to worry construction companies across the region

David Cox, regional managing director, Middle East and South Asia, Mott MacDonald

Construction firms predict slowdown Subscription

24 March 2015 | By , Katie Briggs

Executives at some of the region’s top construction firms say lower oil prices will lead to a rethink about the need for future projects

Egypt GDP growth and planned real estate projects

Egypt real estate projects top $140bn Subscription

5 March 2015 | By

Real estate plans across the country to face investors as investment conference nears

Gulf projects index

Middle East contracts awarded: February 2015 Subscription

1 March 2015

Over $8bn of contracts awarded in February in the Middle East

Riyadh in Saudi Arabia

Saudi government continues massive spending plans Subscription

10 February 2015 | By

Positive forecasts for construction sector as government announces additional infrastructure spending

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MEED comment

Hossam Abougabal

Funding disputes continue to haunt Egypt’s plans Subscription

25 June 2015 | By

Egypt’s Capital City cancellation could prove detrimental

Colin Foreman

Changing the status quo of Saudi construction Subscription

9 June 2015 | By

Saudi Aramco’s setting up of a new project management company looks set to change the status quo of the kingdom’s construction industry

Hossam Abougabal

Breakdown of Egypt-Arabtec deal costly for everyone Subscription

26 May 2015 | By

The military is asserting itself in Egypt’s construction sector

Construction in Cairo

Egypt committed to foreign investment Subscription

3 March 2015 | By

Authorities affirm FDI commitment with recent concerns surrounding the financing of Arabtec’s housing project

Egypt housing

Egypt property plans threaten to overpromise Subscription

26 February 2015 | By

Fears of overambitious real estate plans as general confidence remains high in the lead up to Egypt Economic Development conference


Perfect timing for OCI demerger Subscription

17 February 2015 | By

Demerger set to be complete in time for Egypt’s economic development conference

Dubai real estate

Market slowdown for Dubai real estate Subscription

3 February 2015 | By

Minimum 10 per cent drop in prices expected

Dubai project finance

Project financing requires innovation Subscription

28 January 2015 | By

Banks must develop innovative finance packages to allow project market to continue growth

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Special reports

Real estate

Prices fluctuate in maturing real estate market Subscription

18 March 2015 | By

The region is seeing sharp differences in office and housing costs, depending on the maturity of the market

See all construction & real estate special reports


Projects trends

Value of projects planned or under way 26 June 2015

Saudi Arabia drives decline on Gulf index Subscription

1 July 2015

Kingdom’s projects market records biggest fall in value since February

See all Gulf Projects Index articles

Projects awards

Deira Islands, Dubai

Van Oord wins Dubai offshore work Subscription

30 June 2015 | By

Dredger will complete marine work on Nakheel’s Deira Islands development

Shopping malls

SSH wins design contract Subscription

23 June 2015 | By

Qatar awards mall design contract to local affiliate of Kuwait’s SSH


Drake & Scull Oman awarded four contracts Subscription

3 June 2015 | By

Drake & Scull’s Oman subsidiary wins a number of contracts in Oman


Saudi residential contract awarded to Indian firm Subscription

19 May 2015 | By

Interior Ministry lets $586m deal

Cairo skyline

Hill wins more Cairo project management work Subscription

14 May 2015 | By

Firm will manage mixed-use development in Egyptian capital

Beirut in Lebanon

Contract award for Beirut Waterfront project Subscription

12 May 2015 | By

Local firm awarded contract for major real estate project in Lebanon


Duqm Development Company appoints Aecom Subscription

10 May 2015 | By

US firm appointed for feasibility, master plan and design of phase two of Oman project

The new Atlantis hotel planned in Dubai

Faithful+Gould appointed for Atlantis project management Subscription

29 April 2015 | By

Contractors are bidding for the main construction contract


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Laurent Voivenel Subscription

27 January 2015

Laurent Voivenel is CEO at Hospitality Management Holdings

Mohammed Alabbar Subscription

22 January 2015

Mohammed Alabbar is chairman, Emaar Properties

Rashid al-Nafisi Subscription

22 September 2014

Rashid al-Nafisi is chairman of the Al-Mazaya Holding Company

Salwa Nabil Malhas Subscription

16 September 2014

Salwa Nabil Malhas is chief business development and marketing officer at Al-Mazaya Holding

Ibrahim Abdul Rahman al-Saqabi Subscription

16 September 2014

Ibrahim Abdul Rahman al-Saqabi is CEO at Al-Mazaya Holding Company

Grigoris Christofides Subscription

28 November 2013

Grigoris Christofides is chief executive officer, Arabtec Construction

See all real estate biographies

Meet the analyst

Colin Foreman
News Editor

Phone: +971 (0)4 818 0238

Latest comment

See all articles written by Colin Foreman

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Kuwait: Residential construction Subscription

28 June 2015 | By

Construction and maintenance of residences

See all real estate tenders

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