Business Blog

Dubai DIP gets huge demand for housing amid construction boom

Dubai Investments Park (DIP) -- the largest integrated commercial, industrial and residential community in the Middle East and a subsidiary of Dubai Investments PJSC -- gets huge demand for its labor and staff accommodation facilities.

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SEC signs four deals worth over SAR2.3bn

The Saudi Electricity Company (SEC) signed on Wednesday four contracts for carrying out electricity projects worth over SAR2.3 billion.

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Deyaar sets clear guidelines for future launches

Said Al Qatami, the CEO of Deyaar Development, couldn’t be clearer on what he wants to see before launching future projects.

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Deyaar’s first quarter net profit soars to AED52.1m

Dubai headquartered Deyaar Development has had a boost in its first quarter results with net profits of AED 52.1 million, a 168% increase from the AED 19.4 million in the same period last year.

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Kingdom Tower project in Jeddah progressing as planned

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), headed the fifth board of directors meeting of Jeddah Economic Company (JEC) in Riyadh with the board members.

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High demand for staff, labour accommodation in Dubai

Dubai Investments Park (DIP), a subsidiary of Dubai Investments, is witnessing huge demand for its labour and staff accommodation facilities due to the heightened construction activity in the emirate.

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