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News by Osman Celiker

UAE construction costs rise as cement jumps 16%, guarantees shorten

UAE construction costs rise as cement jumps 16%, guarantees shorten

Cement, concrete and steel prices rise as UAE contractors tighten tender terms.

PIF-backed RUA and MRCB explore $5.6bn Mecca development

PIF-backed RUA and MRCB explore $5.6bn Mecca development

The companies will study a $5.6bn transport-led development within King Salman Gate.

Egypt’s Real Estate Sector Moves Towards a More Diverse Financing Model

Egypt’s Real Estate Sector Moves Towards a More Diverse Financing Model

Savills says longer payment plans are driving developers towards banks and securitization.

BNW Developments Opens Sydney Office for Australian Investors

BNW Developments Opens Sydney Office for Australian Investors

BNW opens a Bella Vista office to connect Australian investors with its UAE projects.

Arada files plans for $3.3bn Thameside West project in London

Arada files plans for $3.3bn Thameside West project in London

The first stage proposes nearly 1,500 homes, social-rent housing and a seven-acre park.

Lucas Museum of Narrative Art Opens in Los Angeles After 17 Years

Lucas Museum of Narrative Art Opens in Los Angeles After 17 Years

George Lucas and Mellody Hobson’s new museum brings art, cinema and public gardens to Los Angeles.

LEAD unveils 167-villa RIMAS community on Jubail Island

LEAD unveils 167-villa RIMAS community on Jubail Island

The Abu Dhabi community will feature villas, a mangrove trail and waterfront amenities.

ARTDOM names Saudi Arabia Design Map finalists across six categories

ARTDOM names Saudi Arabia Design Map finalists across six categories

ARTDOM reviewed over 600 Saudi sites, with Design Map winners to be revealed in Riyadh in October.

DCIB appointed main contractor for King’s College Hospital Dubai expansion

DCIB appointed main contractor for King’s College Hospital Dubai expansion

DCIB will deliver the hospital’s Phase 2 expansion, with capacity rising to 200 beds.

Sobha Realty plans $600m Texas housing investment and wider US expansion

Sobha Realty plans $600m Texas housing investment and wider US expansion

Sobha Realty plans about 700 homes across Celina and Frisco.

Oman to add 700 hotel rooms by end of 2026

Oman to add 700 hotel rooms by end of 2026

Oman expects 700 new hotel rooms by year-end as seasonal demand supports recovery.

Dubai Municipality records 2,395 building and occupancy violations

Dubai Municipality records 2,395 building and occupancy violations

Dubai Municipality recorded 2,395 violations during more than 16,000 residential inspections.