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      Michael Fahy

      Michael Fahy

      Location

      Articles

      This three-bedroom Emirates Hills town house has been completely upgraded. Courtesy Luxhabitat
      Refurbished Dh7.5m Emirates Hills town house well above par

      This recently-upgraded three-bedroom town house is on the doorstep of the district’s Colin Montgomerie-designed golf course.

      BusinessAugust 04, 2016
      Saudi offers to fly home stranded Indian expats and chase employer for lost wages

      Saudi labour minister Mufrej Al Haqbani says problem is confined to 'just one company' which had admitted to mistakes.

      BusinessAugust 04, 2016
      Middle East decline sees Hill International’s Q2 net profit fall 66%

      Slump occurs ahead of anticipated showdown at company's annual general meeting next Thursday.

      PropertyAugust 04, 2016
      Propertytrader.ae said interest from Russia has increased almost three-fold since January as the rouble gained in value. Sarah Dea / The National
      Russian interest in Dubai property picking up amid slow rouble recovery

      According to real estate portal Propertytrader.ae, there has been a 'definite increase' in visits from Russians to its site since the start of this year.

      PropertyAugust 03, 2016
      Emirates plane fire: Boeing 777 ‘backbone of airline’s fleet’

      The Boeing 777 has been described by Emirates as “the backbone of our fleet”. The airline is the world’s biggest operator of Boeing’s 777 models, and is the only airline to fly all six of the 777’s different variants.

      BusinessAugust 03, 2016
      A worker takes measurement at a construction site of the Riyadh Metro. Fayez Nureldine / AFP
      Atkins shifts people into property as Middle East transport and infra work slows

      The company said design work for both the Riyadh Metro and the Doha Metro Gold Line is continuing, but that cash collection 'remains a key focus across the region and we continue to monitor the liquidity situation closely'.

      PropertyAugust 02, 2016
      Saudi Arabia’s contracting firms are suffering from cash flow problems following the government’s decision to halt payments on many government contracts. Fayez Nureldine / AFP
      Plight of Saudi Arabia construction sector highlighted as expats sent aid by home governments

      The Philippines' Overseas Workers Welfare Administration is offering one-off grants to workers who are either still in the kingdom or who have been repatriated to the Philippines without pay or end-of-service benefits.

      BusinessAugust 02, 2016
      Dubai Investments to continue diversification after ‘solid’ first half

      The company said that its total income for the period rose by 18 per cent to Dh1.37 billion from Dh1.17bn, which it attributed to a 20 per cent increase in rental income.

      BusinessAugust 01, 2016
      The construction of the King Abdullah Financial District, north of Riyadh, in Saudi Arabia. Faisal Al Nasser / Reuters
      Saudi Arabia construction market has dropped by 80 per cent, says Al Khodari chief

      Al Khodari last week posted a net loss of 43.3 million Saudi riyals (Dh42.1m) for the second quarter of 2016.

      PropertyJuly 31, 2016
      Abu Dhabi’s $1bn Reem Mall project set to be built by Al Futtaim Carillion
      Camera3
      Abu Dhabi’s $1bn Reem Mall project set to be built by Al Futtaim Carillion
      BusinessJuly 31, 2016
      Emaar Properties chairman Mohamed Alabbar said that the results highlighted the success of its strategy to consolidate its position as the biggest developer in Dubai. Sarah Dea / The National
      Dubai’s Emaar Properties reports 8% rise in Q2 profit, now in ‘exciting phase of growth’

      Chairman Mohamed Alabbar said 'exciting times' lie ahead for developer as it embarks on start of Dubai Creek Harbour scheme.

      PropertyJuly 31, 2016
      Above, inside a manufacturing plant at Dubai Investments Park in Dubai. Pawan Singh / The National
      DIP-based companies reach 4,600 as investors take advantage of park’s proximity to Expo 2020 site

      Omar Al Mesmar, the general manager of DIP, said that its proximity to the Expo 2020 site made the park 'a favoured option for investors and end users, with pent-up demand for logistics, accommodation and ancillary services'.

      PropertyJuly 31, 2016
      SME profile: Building businesses in DNA of D-Town Enterprises founder

      Rowdha Ali Mohammed Al Sakit's great-grandfather used to have his own dhow and would trade on the seas, while her grandfather is the founder of Al Abbar Group.

      BusinessJuly 30, 2016
      More businesses are starting to use labour accommodation such as Dubai’s Sonapur. Sarah Dea / The National
      Housing decree for low-wage UAE workers will not push up costs, say experts

      The decree issued by the Ministry of Human Resources and Emiratisation states that any employer hiring more than 50 workers must provide free housing for staff is due to come into force in December this year.

      PropertyJuly 30, 2016
      David Richter is Hill International’s chief executive. Aaron Houston / NJBIZ
      Hill International executive tries to fend off activist investor

      US project management company earns most of its revenue in the Middle East and is overseeing the Riyadh Metro project.

      PropertyJuly 28, 2016
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