Articles
Trojan wins Dh1 billion Emaar contract to build nearly 1,400 Mira Oasis townhouses
Construction has begun this month and will be carried out in three phases. The first will complete in December 2017, the second in September 2018 and the third in December 2018.
Mashreq appoints ACC to build new Downtown Dubai headquarters
Mashreq will relocate from its current base near the Al Ghurair Centre in Deira to the new site at the junction of Financial Centre Road and Mohammed Bin Rashid Boulevard once construction of the tower completes.
British pound surges to 2016 high as Brexit fears subside
Currency rockets in value as traders bet on likelihood of Remain vote in the UK's referendum on European Union membership.
Six Flags denies reports over plans for Saudi Arabia theme park
Company says it has an exclusivity deal covering the Gulf with Dubai Parks & Resorts.
Liberty House boss still confident on Tata Steel bid
Sanjeev Gupta, the executive chairman of Liberty House Group, initially proposed to buy all of Tata Steel’s UK assets in April, after Tata’s board in India rejected a turnaround plan and put the company up for sale in March.
GFH launches specialist property division
The Manama-listed investment group said that the division, GFH Real Estate, would have initial assets of US$40 million and would manage projects in Bahrain and Dubai.
Lever steps down from Dubai-based Al Naboodah Construction after 30 years
Ex-head of Al Fara'a Group's contracting arm, Colin Timmons, to take over next month
Dhabi Contracting moves into property development
Three projects under way include residential blocks at Al Raha Beach and Saadiyat Marina District and new Anantara Jebel Dhanna hotel.
Dubai project to build tower 100 metres taller than Burj Khalifa now under way
Consultancy Aurecon to work with Santiago Calatrava on design and engineering aspects of Dubai's latest supertall structure.
Aldar sells Dh1 billion of homes at Yas Acres, ready to launch second phase
Phase two will contain 125 new homes, ranging from three-bed townhouses to six-bed villas with golf course views.
Atkins launches new advisory business
Atkins Acuity will initially be launched in the Middle East, Africa and South East Asia, and already has mandates secured for work in Abu Dhabi, Saudi Arabia, Turkey, Sri Lanka, Kenya, Malawi and Tanzania.
Middle East sovereign wealth funds ‘coping’ with low oil price environment
Confidence remains stable in the Middle East, where a lot of work was done on risk management, governance and asset allocation in the wake of the global financial crisis, said Invesco.
Meydan raises funds through sukuk and term loan
Meydan said the funds had been raised 'at a pivotal time' in its commercial development, as it plans a series of new residential, logistics and facilities projects.
Limitless awards Dh227.5 million contract for new Downtown Jebel Ali towers
The 27-storey towers are already 70 per cent complete and have a built-up area of 936,000 square feet containing 641 apartments and ground floor retail units.
