Build Asia to be held on Dec 24-26
KARACHI: Pakistan’s flagship event for real estate, construction, and allied sectors will be held on December 24-26 at the Karachi Expo Center. The three-day event will showcase the latest trends,…
Muhammad Yousuf, Ex-Senior Vice Chairman of the PCA
Karachi: Mr. Muhammad Yousuf, Ex-Senior Vice Chairman of the Pakistan Coating Association (PCA), and senior member of FPCCI, has sounded the alarm over the severe economic repercussions of the Petroleum…
Construction of 2.1 million houses for flood victims in Sindh reviewed: Finance Minister
KARACHI: Sindh’s caretaker minister for Finance, Revenue and Planning and Development, Mohammad Younus Dagha, presided a review meeting of the construction of 2.1 million houses for flood victims in Sindh.…
Tax Credit Introduced for Construction of New Houses
June 9, 2023: In a bid to boost the construction sector and promote homeownership, the government has announced the introduction of a tax credit for individuals undertaking the construction of…
Brooks and Blair Waterfront Properties in Final Phase of Development of The River’s Edge of Oakmont
OAKMONT: Brooks and Blair Waterfront Properties announced the Final Phase of construction of The River’s Edge of Oakmont, a new luxury community in the highly desirable town of Oakmont, Pennsylvania.…
ABAD welcomes Ordinance
KARACHI: Association of Builders and Developers of Pakistan (ABAD) on Friday welcomed the federal cabinet’s approval to an ordinance for the construction industry, a statement said. ABAD Chairman Mohsin Sheikhani…
Etalon Group Named one of Russia’s Top-50 Employers
MOSCOW: Forbes Russia has named ETALON GROUP PLC as one of the top-50 employers in Russia. Etalon is one of Russia’s largest and longest-established development and construction companies. Etalon Group…
Lifestyle Communities acquires new site on Bellarine Peninsula
MELBOURNE: Lifestyle Communities Limited has executed a Contract of Sale to purchase a site in St Leonards located on Victoria’s Bellarine Peninsula. Settlement is expected to occur at the end…
ABAD, Sindh govt join hands against illegal construction
KARACHI: Association of Builders and Developers of Pakistan (ABAD) and Sindh Government have decided to join hands against illegal construction in Karachi and begin a movement for the cleanliness in…
Arabtec awarded AED 298mn contract in uptown Cairo development
DUBAI, UAE: Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, announced that its wholly-owned subsidiary Arabtec Construction has been awarded an AED 298 million contract by Emaar…
CIMIC Group posts a net profit of $367 million for first half of 2019
SINGAPORE: CIMIC Group, a leading engineering, construction, mining, services and public private partnerships company, announced sustained returns and cash-backed profits for the six months to 30 June 2019, with growth…
Target Engineering awarded AED 192 million contract from Ellington Properties
DUBAI, UAE: Arabtec Holding, a leading contractor for social and economic infrastructure, announced that its wholly owned subsidiary, Target Engineering Construction Company (Target) has been awarded an AED 192 million…
Barwa launches phase-III of Madinat Al Mawater project
DOHA, QATAR: Barwa Real Estate Group, the leading real estate investment company in Qatar, announced the award of the construction of the third phase of Madinat Al Mawater project to…
ABAD appeals PM for encouraging construction sector in Karachi
KARACHI: Chairman, Association of Builders and Developers of Pakistan (ABAD) Muhammad Hassan Bakshi has hailed Prime Minister Imran Khan for ordering the Capital Development Authority to allow construction of high-rise…
Pakistan’s real estate/construction sector perturbed over fresh revision in plots’ values
KARACHI: The real estate sector has criticized the recent upward revision in the plots’ values by the Federal Board of Revenue (FBR) saying the decision was taken without taking the…
Supreme Court lifts ban on high rise buildings in Karachi
KARACHI: The Supreme Court of Pakistan has removed the ban on high-rise buildings in Karachi, Chief Association of Builders and Developers (ABAD) Hasan Bukshi said. The decision was announced at…
ABAD plans protest against Karachi water board
KARACHI: Association of Builders and Developers of Pakistan (ABAD) will protest on Thursday, 22nd November, 2018 against Karachi Water and Sewerage Board (KW&SB) for not issuing NOCs of water to…
After shocks of construction ban Steel re-rolling mills in Sindh, Balochistan closed
KARACHI: The ban on construction of high-rise and other buildings has started taking toll as all steel re-rolling mills in Sindh and Balochistan have been closed for indefinite period for…
Finance Division notification about Supreme Court Dam fund
KARACHI: The Finance Division (Regulations Wing) has notified for all ministries, divisions, departments etc to deposits all donation proceeds in the Supreme Court’s Dam Fund, which would solely be utilized…
SHC to hear petition against construction of Customs new building at Ibrahim Hyderi
KARACHI: A division bench of High Court of Sindh will hear a petition on Tuesday (today) filed by a resident of Ibrahim Hyderi village who challenged the construction of a…