Nearly 43 percent of all construction projects in the Arabian Gulf region are on hold as the fallout from the global economic downturn continues to bite.

New figures from Middle East property intelligence website BNC Network show that ...

The United Arab Emirates government has announced plans to build the world's biggest gate in its capital, following the tradition established by the world's tallest building, the Burj Khalifa, and the world's tallest residential building, Princess To...

Construction of Gazprom's 463-meter tall "Lakhta Center" in St. Petersburg will begin in October, the head of the Gazprom subsidiary in charge of the project said to information agency RIA Novosti.

Gazprom received permission from the c...

A luxury apartment in Hong Kong has sold for a record US$ 61 million. According to local media it was the highest price per square meter paid in Asia for new developments and the second-highest in the world, after London's One Hyde Park.

Forget parking in the basement - a new high-rise apartment complex in Singapore is offering car parking inside your apartment, no matter which level you are on. The new 30-storey Hamilton Scotts building in the ritzy Orchard Road area has an elevator...