REAL ESTATE

‘No licence for new buildings issued since recent building bylaw went into effect’May 26, 2018

None of the country’s housing developers has had a single licence issued to start a new building since the building bylaw went into effect at the beginning of May, President of the Jordan Housing Developers Association Zuhair Omari said.

“None of the country’s 3,400 housing companies has had a licence issued from the Greater Amman Municipality (GAM) to start a new building, in protest to the building bylaw… we were promised"...

Continue Reading >
Dubai Real Estate Institute Concludes Successful Visit to JordanMay 14, 2018

Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), has concluded its successful business trip to Jordan.

During the visit, which was led by CEO of DREI Mahmoud El Burai, the delegation met senior officials from a number of government and private institutions concerning the real estate sector. The trip resulted in the plan to launch a specialised programme for real estate training in Jordan that will satisfy the"...

Continue Reading >
‘Buildings exceeding 10 per cent violation limit will be demolished’May 13, 2018

Municipal Affairs Minister Walid Masri on Saturday said that any construction exceeding the violation limit of 10 per cent should be demolished according to the provisions of the Cities and Villages Regulation Law of 1966, the Jordan News Agency, Petra, reported.

During a filed visit to a number of municipalities in Irbid, Masri said that the new buildings system, which went into effect some months ago, came to control the construction violations"...

Continue Reading >
Saudi Oger unit acquired by top Jordanian investorMay 6, 2018

Oger International, a French construction engineering, design and project management group and subsidiary of crisis-hit Saudi Oger, said it has been acquired by a Jordanian investor Ala Al Khawaja through his French company AMK Capital Investment.

This acquisition coincides with the end of the job protection plan and the conclusion of the business protection procedures"...

Continue Reading >
Abdali Boulevard Company PSC awards its Facilities Management Services to EFS Facilities ServicesApril 30, 2018

Abdali Boulevard Company PSC, a subsidiary of Abdali Investment and Development Group and the company behind The Boulevard, has recently awarded the management of its facilities to EFS Facilities Services, a global facilities management company with a presence in over 22 countries and whose client roster features some of the most prestigious regional corporations and institutions.

Under the scope of the three-year agreement, EFS Facilities Services"...

Continue Reading >
One Million Dollars Donated to Educate Refugee Children in Asia and MENA RegionApril 29, 2018

(AETOS Wire) -- A donation of USD 1 million has been given to strengthen the educational infrastructure for refugee and internally displaced children in Asia, Middle East and North Africa, at a time when according to UNHCR statistics, children represent about half of the displaced population globally.

His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the United Arab Emirates Supreme Council"...

Continue Reading >
Al Zahia Celebrates Spring with Its First Annual ‘Open Market’April 29, 2018

Al Zahia, Sharjah’s premier lifestyle destination, celebrated spring with its first annual ‘Open market’ event, held at the community’s Trees Park. Designed to foster human engagement and social well-being, the ‘Open Market’ in Al Zahia was attended by over 600 residents, visitors and retailers.

During the two-day event, residents and visitors enjoyed savoury food items offered"...

Continue Reading >