homes

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.
  • Sales of Dubai $10m-plus homes surges by 19% to $1.7bn in Q1

    Dubai, UAE -- One hundred and five homes priced in excess of US$10 million were sold in Dubai during the first three months of the year, up 19 percent on Q1 2023, according to the latest analysis from global property consultant, Knight Frank. The total value of luxury homes sold...
  • Saudi Arabia surpasses homeownership goals, sets sights on 70% by 2030

    The kingdom's housing program achieves remarkable success, surpassing targets and reducing waiting times from 15 years to immediate entitlement, revolutionizing residential ownership.
  • Most owners holding on to Burj Khalifa homes longer: Report

    Dubai, UAE -- The total number of homes available for sale in Dubai’s Burj Khalifa declined by 52 percent during 2023, reflecting the growing number of long-term investors and genuine end users, according to analysis carried out by global property consultant Knight Frank to mark the 14th anniversary of the...
  • Masdar ties up with RWE in US$14bn investment to develop wind projects in UK

    Dubai, UAE--Abu Dhabi Future Energy Company, also known as Masdar, is part of a $14 billion investment into the UK’s renewable energy sector and is purchasing a 49 percent stake in RWE’s 3 gigawatt (GW) Dogger Bank South (DBS) projects - which form one of the world’s largest planned offshore...
  • DEWA exhorts customers to adhere to its safety standards

    Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has exhorted community members to ensure that safety standards are always in place in their homes, especially before traveling or being away for long periods. DEWA urged its customers to follow its tips and guidelines to improve the efficiency of electricity and water...
  • Gazans amid the homes destroyed by Israel

    In total, 103 homes were completely destroyed and 140 severely damaged in Israeli military strikes, the United Nations said.
  • Thousands flee homes in western Canada as wildfires spread

    Fanned by strong winds wildfires flared across Alberta in the Canadian province, forcing 25,000 people to flee their homes as the province declared a state of emergency on Saturday to protect the "safety, health and welfare of Albertans." Thousands more have been told by the authorities to be prepared to...
  • Over 430,000 people have fled homes in Sudan, says UN

    The fighting in Sudan has caused over 330,000 people to flee their homes within the country, with over 100,000 others escaping over the borders, the United Nations said. UNHCR, the UN's refugee agency, is estimating that over 800,000 people could potentially flee to neighboring countries as the conflict continues in...
  • Erdogan vows to build 319,000 homes in quake-hit southern Turkey

    Ankara, Turkey--Turkish President Recep Tayyip Erdogan on Saturday pledged to rebuild the country's southern region devastated by powerful earthquakes on 6th February, claiming the lives of more than 50,000 people. "Our aim is to restore our cities in the earthquake zone by handing over 319,000 residences and village houses to...
  • Turkey starts rebuilding for the 1.5 million earthquake homeless

    More than 160,000 buildings containing 520,000 apartments collapsed or were severely damaged in the February 6 earthquakes.
  • Arada awards contracts worth US$256m to build 986 homes

    Sharjah, UAE-- Arada has awarded two major contracts totalling $256 million to build 986 new homes across two residential districts at Masaar, Sharjah’s woodland megaproject. Valued at $2.17 billion and containing 4,000 homes spread over seven gated districts, Masaar features a nature-inspired master plan containing more than 50,000 trees. The...
  • Digitalization helps GCC realize decarbonization goals

    Firms in the region are increasingly augmenting their focus on operational transformation with new approaches to manage and optimize energy consumption, says an expert.
  • ‘Third’ of Pakistan under water as flood aid efforts gather pace

    The rains that began in June have unleashed the worst flooding in more than a decade, washing away swathes of vital crops and damaging or destroying more than a million homes. Authorities and charities are struggling to accelerate aid delivery to more than 33 million people affected, a challenging task...
  • Sharjah unveils ‘Holiday Homes Project’ to boost economy

    The first phase of the project includes organizing field visits and inspection campaigns, as well as electronic or digital follow-up of holiday homes, their operators, and owners.
  • Israel police demolish Palestinian home in east Jerusalem eviction

    Israeli police demolished the home of a Palestinian family and arrested at least 18 people as they carried out a controversial eviction order in the sensitive east Jerusalem neighborhood of Sheikh Jarrah early Wednesday. The looming eviction of other families from Sheikh Jarrah in May last year fueled an 11-day...
  • 12 universities attend 2nd Solar Decathlon Middle East inaugurated by DEWA

    Dubai Electricity and Water Authority (DEWA) has inaugurated the 2nd Solar Decathlon Middle East (SDME) in which eight teams from 12 universities across the world are participating to design, build and operate smart and sustainable solar-powered homes that are suited to the region’s climate. DEWA has organized the competition as...
  • Amazon robot that can patrol homes

    The tech giant cheered the "Astro" robot as a breakthrough for security
  • Riyadh leads Q2 Saudi Arabia residential market boom

    Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on year.
  • Saudi Arabia National Housing and Bank Albilad in $533 m deal for infrastructure

    The deal is part of the Saudi Vision 2030 to give more ownership of homes to Saudi families  CEO Bank Albilad Abdullah AlOnaizan  said the bank has assets of $26.66 billion Saudi Arabia National Housing Company and Bank Albilad have teamed up to sign a SR 2 billion ($533 million)...
  • Walls, floor, ceiling can store power to light up your home and office

    Concrete can possibly be a source of energy, says researchers Cement has potential to produce enough power to meet energy demand Scientists are looking at ways of making your home and office walls, floor, and ceiling made of cement store energy like a large battery to fulfill the energy demand....