February 20, 2020

US housing starts fall, building permits near 13-year high...

WASHINGTON: US homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help keep the longest economic expansion in history on track.


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February 15, 2020

Azizi to complete 3,000 housing units this year

Azizi Developments, a leading private developer, has set an ambitious target to complete almost 3,000 housing units across 10 buildings in some of its key developments across Dubai.

Developments that will be finalised in 2020 include Farishta, Shaista, Star, and Plaza within"...

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February 5, 2020

L&T wins major Etihad Rail freight facilities contract

Larsen & Toubro (L&T), India's leading engineering and construction conglomerate, said it has been awarded a large contract - in the range of Rs2,500 to Rs5,000 ($350 million to $701 million) - by Etihad Rail, the developer and operator of the UAE's integrated railway network,"...

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January 29, 2020

Drake & Scull to select new board members

Dubai-based construction company Drake & Scull International will elect two new board members and update its shareholders on the investigation of its former management team during next month’s general assembly.


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January 25, 2020

Mideast investment in US real estate doubles

Demand from Middle Eastern investors for US real estate has intensified over the last year — bolstered by the continued strength of the US dollar, says research from Knight Frank.


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