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Infrastructure and Property

Infrastructure and Property latest

Modon awards the largest residential construction contract in Abu Dhabi in 2025 for Nawayef East and Nawayef West on Hudayriyat Island
December 21st, 2025 - 03:09 GMT

Modon awards the largest residential construction contract in Abu Dhabi in 2025 for Nawayef East and Nawayef West on Hudayriyat Island

Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED 5 billion, the contract is the largest awarded for residential in Abu Dhabi in 2025. The contract is for construction of 735 luxury villas, underscoring Modon’s commitment to delivering projects to the highest global standards. Homes will be positioned on the world’s largest man-made hills, rising to heights of 45 and 55 metres respectively – a first for residential developments in the area ...
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The visit, which was unexpected,came close on the heels of Emaar honouring Fidu Properties at the Annual Brokers Award night.
February 25th, 2019 - 07:43 GMT

Emaar Honours Fidu Properties With Special Incentive for Support and Partnership

UAE, Saudi Arabia account for more than 66% of GCC construction activity. (Shutterstock)
February 21st, 2019 - 07:38 GMT

GCC's Construction Activity Remains Strong With $2.38 Trillion Worth of Projects

Despite significant additional supply to the market in 2019 and 2020 from existing projects, S&P expects very few launches this year and the next year because developers will pull back supply in response to lower margins due to falling prices. (Shutterstock)
February 20th, 2019 - 09:23 GMT

Report: Dubai Property Prices to Remain Low Until 2020

During the event
February 18th, 2019 - 12:49 GMT

Edamah Participates in Milken Institute’s MENA Summit 2019

SODIC has announced its guidance for 2019 targeting EGP 7.2 billion of contracted sales.
February 18th, 2019 - 12:44 GMT

SODIC Targets EGP7.2 Billion of Contracted Sales and Delivery of 1,151 Units

The number of residential and commercial units is more than the number of people in need of such units.(Shutterstock)
February 12th, 2019 - 10:16 GMT

Rents in Oman Plummet by 60 Percent

Prominent handovers in 2018 include multiple project deliveries in Damac Hills, Hayat Townhouses and Bluewaters Residences. (Shutterstock)
February 10th, 2019 - 07:56 GMT

Properties in Dubai, Supply to Outpace Demand in 2019

The project — which is expected to take 38 months to complete — is expected to employ over 3,500 people at peak construction. (Shutterstock)
February 7th, 2019 - 11:53 GMT

$1.36 Billion Contract to Build Artificial Islands in UAE

Real estate investment volume by Iraqi nationals ranked first with JD7.8 million, followed by Saudi and Yemeni sales, totalling at JD2.7 and JD2.3 million, respectively. (Shutterstock)
February 7th, 2019 - 07:55 GMT

Real Estate Trade Volume in Jordan Plummets 24 Percent

Landlords quote lower amount in rental pacts with municipality to pocket additional money. (Shutterstock)
January 31st, 2019 - 09:17 GMT

The Catch Behind OMR1 Rents in Oman

The sales prices are expected to remain under pressure in the foreseeable future. (Shutterstock)
January 31st, 2019 - 09:08 GMT

This Is How to Nail the Best Real Estate Deals in Dubai

According to the agreement signed with the housing authority, anticipating the total number of housing units will be between 5,000 to 6,000. (Shutterstock)
January 18th, 2019 - 06:30 GMT

Chinese Contractor to Deliver 6,000 Housing Units in Kuwait

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