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REAL ESTATE

Minister assures radical solutions to tackle real estate fraud and corruption

July 1, 2020

Minister assures radical solutions to tackle real estate fraud and corruption

Minister of Justice and Minister of Awqaf and Islamic Affairs Dr. Fahad Al-Afasi recently met with Sheikha Fadia Saad Al-Abdullah who was accompanied by a delegation consisting of members of the Union of Victims of Real Estate Frauds, a number of Kuwaiti officials, and academics. His Highness the Prime Minister Sheikh Sabah Al-Khaled agreed to the visit in response to Sheikha Fadia’s appeal to understand"... Continue Reading

Set up industrial port projects in sounthern Kuwait, says KPA

July 1, 2020

Set up industrial port projects in sounthern Kuwait, says KPA

KUWAIT CITY, June 30: Kuwait Ports Authority has requested the allocation of the industrial port project in the southern part of the country.

In this regard, Director General of Kuwait Ports Authority, Sheikh Yusuf Al-Abdullah, explained the request is within the implementation of His Highness the Amir’s Vision to reduce"... Continue Reading

Expats leaving Kuwait creates tremor in real estate

July 1, 2020

Expats leaving Kuwait creates tremor in real estate

KUWAIT CITY, June 30: While the airport is crowded with people departing the country and some areas in the country are still under isolation, several real estate buildings are starting to empty. This has become a familiar scene in recent times due to the government’s keenness to implement its vision for restructuring the population and supporting the policy of Kuwaitizing local jobs.

In"... Continue Reading

Case Construction names MEA commercial director

March 11, 2020

Case Construction names MEA commercial director

Case Construction Equipment, a leading seller and supporter of a full line of construction equipment around the world, has appointed Dragan Krznaric as its new commercial director for the Middle East and Africa (MEA) region.

A renowned brand of CNH Industrial, a Dutch-domiciled multinational corporation with corporate offices in"... Continue Reading

AMAALA Unveils Denniston as Master Planner of the Island

March 11, 2020

AMAALA Unveils Denniston as Master Planner of the Island

AMAALA, the ultra-luxury destination located along Saudi Arabia’s northwestern coastline, has announced the appointment of leading architectural firm Denniston as the Master Planners for The Island.

Chief Executive Officer of AMAALA, Nicholas Naples, said: “AMAALA carves a unique positioning within the global hospitality"... Continue Reading

Armstrong Ceiling Solutions launches colour guides for spring

March 10, 2020

Armstrong Ceiling Solutions launches colour guides for spring

UK-based Armstrong Ceiling Solutions, a leader in the design and manufacture of innovative commercial ceiling, wall and suspension system solutions, has launched new colour guides for this spring season.

With the release of the new guides, Armstrong delivers functional, sustainable and colourful solutions across the Europe, Middle East and Africa (EMEA) region for diverse commercial sectors"... Continue Reading

Bayut launches new Map View feature in property portal

March 9, 2020

Bayut launches new Map View feature in property portal

Bayut, one of the region’s leading property portals, has launched its latest feature - Map View - on both desktop and mobile units. It allows users to search, filter and view available properties in the UAE, on an interactive map.

The latest launch is in line with the brand’s commitment towards delivering a seamless property search experience for users, said a statement from Bayut.... Continue Reading

Rasmala Acquires Research and Development Facility in the United States for USD 61 million

March 9, 2020

Rasmala Acquires Research and Development Facility in the United States for USD 61 million

Rasmala Investment Bank Limited (‘Rasmala’) a leading alternative investment manager, today announced the acquisition of a state-of-the-art research and development facility in Philadelphia, United States for USD 61 million. The asset was acquired by the Rasmala North American Real Estate Income Fund.

Located in the"... Continue Reading

AMAALA appoints Foster + Partners as Architectural Advisors

March 1, 2020

AMAALA appoints Foster + Partners as Architectural Advisors

AMAALA, the ultra-luxury destination located along Saudi Arabia’s northwestern coastline, has announced the appointment of British award-winning architectural design and engineering firm, Foster + Partners. The firm will act as Architectural Advisors of the development.

Rooted in the philosophies of art, wellness, and the"... Continue Reading

Ministry requests to convert FTZ to a special real estate property

February 19, 2020

Ministry requests to convert FTZ to a special real estate property

KUWAIT CITY, Feb 18: Ministry of Finance’s State Property Administration has requested the Municipal Council to issue a decision to convert former Free Trade Zone to a special real estate property, reports Al- Qabas daily.

In this regard, a decision would be issued to evict those using the land after granting them a specific"... Continue Reading

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