Articles
Worst not over for Dubai property as rent declines continue, says Phidar
'Talk of a house price floor is entering the media again, yet our research indicates rent declines are accelerating and will likely continue through the summer,' said Jesse Downs, the managing director of Phidar Advisory.
Arabtec to approach banks, shareholders for more cash
Arabtec 'will probably need to have more long-term financing' to enable it to bid for substantial new projects.
Orascom bags more Cairo Metro work
Contract is the third that the Nasdaq Dubai-listed company has picked up on the extended Cairo Metro project.
Saudi’s infrastructure plans likely to be funded by privatisations and PPPs
The targets published this week under Saudi Arabia’s National Transformation Plan point to a greater involvement by the private sector in the nation’s infrastructure.
Tunnelling complete on Riyadh Metro Green Line
The Green Line is 13km long, has 11 underground stations and two transfer stations with the Red and Blue Lines and is costing US$2.27bn to build.
Danube Properties sells out Dh300m Glamz project in Dubai
Danube looks to move on to next launch after selling out sixth affordable homes project within five weeks.
Tecom in Dubai surprises with name change but residents fear rent hikes
Tecom has been renamed Barsha Heights, though some residents only found out when The National approached them about it.
The Tower at Dubai Creek to be 100m higher than Burj Khalifa
Groundbreaking at the site that will house the tower is due to take place next month.
Dubai on the right road for the driverless cars phenomenon
The emirate could potentially become a test-bed for driverless technology, says an expert.
Private sector firms sought to deliver major waste plan for Northern Emirates
Proposal involves construction of facility in Umm Al Qaiwain that will be capable of recycling, composting and converting waste into fuel.
Development to slow in Saudi Arabia’s Eastern Province but pick up in Bahrain
The Damman Metropolitan Area is Saudi Arabia’s fourth-biggest urban area, with a population of 1.7 million spread across the neighbouring cities of Dammam, Al Khobar and Dhahran.
UAE business leaders confident of battling through oil price lull
The result is the first of a series of surveys carried out for The National by the research company Borderless Access.
Work progressing at Dubai’s Culture Village project
Manazel Al Khor to be delivered by end of this year and the Dh800 million Dubai Wharf is expected to complete in phases throughout 2017.
Middle East the world’s costliest market for construction disputes
The average dispute costs $82m and takes more than 15 months to resolve, says Arcadis.
Majid Al Futtaim unveils mega plan for Dh30bn of UAE investment
Will include ten new City Centre malls, six new hotels and a new masterplanned community in Dubai.
