• 600,000 Saudis eligible for housing aid


    More than 600,000 Saudi Arabian families have been found eligible for housing aid under a new scheme designed to ease a shortage of homes which has depressed living standards and is politically sensitive for the government.

  • Safety standards in built environment in focus


    The safety standards and practices in the build environment will be the focus of a conference to be held in Kuwait next month.

  • $78m Saudi industrial cities contracts awarded


    The Royal Commission for Jubail and Yanbu has awarded two contracts amounting to SR293 million ($78.11 million) related to key projects in the industrial cities of Ras Al-Khair and Jubail.

  • Qatar offers help to rebuild Gaza


    Qatar has offered to help rebuild the war-ravaged Gaza Strip following the ceasefire agreement between Israel and Palestinians.

  • Two-day weekend proposal stays: Saudi ministry


    The Saudi Labor Ministry has clarified that it has no plans to withdraw a proposal for 40-hour work week and two-day weekend system in the private sector, a report said.

  • Nakheel awards $20m Palm Jumeirah complex deal


    Dubai developer Nakheel has awarded a Dh75 million ($20.3 million) contract to build a new residential complex with 130 apartments on Dubai’s Palm Jumeirah island.

  • Rashid Hospital’s trauma unit expansion by mid-2015


    The expansion of the Trauma and Emergency Centre of Dubai’s Rashid Hospital will be completed by July 2015, said a top Dubai Health Authority (DHA) official.

  • Dubai Expo 2020 venue master planning on fast track

    HOK-ARUP TEAM LEAD PROJECT
    Master planning for the host venue for Dubai Expo 2020 at the Dubai Trade Centre - Jebel Ali, a 438-hectare site, is fast progressing and has entered the next stage in design, a report said.

  • Algeria eyes $262bn investment; boost for infrastructure


    Algeria will launch a new five-year investment plan worth $262 billion to boost domestic production and move its economy away from reliance on oil and gas, the government said.

  • Arabtec ex-CEO eyes $1.3 per share


    Hasan Ismaik, the former chief executive of Arabtec, said he was in talks on selling some of his stake to Abu Dhabi's Aabar Investments and wanted over Dh5 ($1.3) per share, about 4 per cent above the current market price.

  • Dubai Municipality backs smart city event: Tasweek


    Tasweek Real Estate Development and Marketing, a provider of comprehensive real estate development solutions for the UAE and the broader Middle East, said Dubai Municipality has backed the ‘Smart Living City - Dubai 2014.’

  • CPC, Qalaa complete Sphinx Glass transaction


    Saudi Arabia’s Construction Products Holding Company (CPC) and Qalaa Holdings marked today the completion of their EGP1.3billion ($180 million) transaction on leading Egyptian float glass manufacturer Sphinx Glass.

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600,000 Saudis eligible for housing aid

More than 600,000 Saudi Arabian families have been found eligible for housing aid under a new scheme designed to ease a shortage of homes which has depressed living standards and is politically sensitive for the government....


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