Month: July 2017

Overall decline in prices of building materials and construction services in Abu Dhabi

by

Reading time: < 1 MinutePrices for construction materials and services in Abu Dhabi fell by 1.21% during the first quarter of this year, with the overall index shrinking during the first quarter of 2017 to 94.2% from 95.3% during the first quarter of 2016. A report by the Abu Dhabi Statistics Center showed that prices of construction materials and services in Abu Dhabi fell by 1.21% during the quarter … Read more

Saudi Arabia's foreign monetary fund assets of $514 billion rank fifth in the world

by

Reading time: < 1 MinuteThe Saudi Arabian Monetary Authority’s Foreign Assets Fund maintained its fifth-place ranking globally among the largest sovereign wealth funds, with assets totaling approximately $514 billion, although its assets had declined by about $62.3 billion by the end of June compared to last March. This was according to updated data from the SWF Institute, which specializes in studying government and sovereign wealth fund investments, in its latest report for the month of … Read more

New Record in China: Vanke Acquires a Plot of Land Worth $8.1 Billion

by

Reading time: < 1 MinuteIn a record-breaking deal worth $8.1 billion, Vanke, China’s largest real estate developer, has successfully completed the acquisition of land parcels in Guangzhou, marking the largest such transaction ever in the country. Prior to the deal, the land was owned by Guangdong International Trust & Investment, which went bankrupt nearly two decades ago… Read more

Suleiman Al-Muheilb Holding Company Signs Agreement to Build 714 Housing Units Under the “Sakani” Program“

by

Reading time: < 1 Minute  In the presence of His Excellency Minister of Housing Majid bin Abdullah Al-Hogail and a number of senior ministry officials, Suleiman bin Saleh Al-Muheilb & Sons Holding Company signed a real estate development agreement with the Ministry aimed at constructing 714 housing units in Arar, as part of the fifth phase of the “Sakani” program, which included an agreement to build thousands of housing units with private companies in several … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.