Articles
Art collector urges speedy resolution after losing Dh1.3m of works
Businessman lost several pieces of contemporary art valued at over Dh1bn following New Years' Eve fire
The Address Downtown: Dubai residents deal with the aftermath of losing their home
Residents of The Address Downtown Dubai are finding out the fate of their possessions after the building caught fire. The damage highlights the state of property insurance in the emirate – namely, how so few people have it.
Off hours: Aecom chief gets adrenaline rush at Yas Marina Circuit
When he's not listening to the BBC's Test Match Special, Aecom chief executive David Barwell likes nothing more than racing around the Yas Marina circuit
GSA Group opens 424-bed student housing in Dubai
Student property specialist plans $200 million investment in Dubai market and targets sites in Knowledge Village.
Gemini Arabians seek brand status through masters cricket league
Khaitan Holdings says it wants to extend lifespan of Gemini Arabians beyond the 15-day Masters Champions League tournament
UAE property to be hampered by lack of bank funding, says JLL
Developers in the GCC will struggle to raise bank funding for new projects in 2016 as liquidity tightens across the region.
Turner & Townsend chief executive confident on growth despite oil price slide
The project management consultancy achieved sales of almost £380 million in the year to April 30, 2015 – up 8 per cent year-on-year.
Dubai property sector to benefit from increased budget spending
A report from ReidIn/Global Capital Partners said that Dubai’s 12 per cent budget increase will serve as a fiscal stimulus.
Arabtec wins main contract for new Bahrain airport terminal
The project, which is being funded by the Abu Dhabi Fund for Development, involves the construction of a new passenger terminal, the main services building and an aircraft bay.
Rise in public-private partnerships in UAE
Contractors who have endured a long wait on the sidelines believe PPP schemes are now much closer to becoming a reality.
Public-private partnerships ideal for developing wastewater network, says Besix
Besix figures estimate that Dh1.1 billion of water that could be used by industry is being discharged back into the sea while groundwater sources are being drained.
Dubai villa oversupply leads to 18% drop in prices at The Springs
Buyers have opted for cheaper, newly completed stock in secondary communities such as Jumeirah Village Triangle and Al Furjan.
Emirates project captures spectacular footage from above Dubai
Airline partners with plane maker Boeing on project to showcase footage of 18 destinations on its route network using drones.
Work begins on $1bn ICD Brookfield Place tower in DIFC
The buildng is expected to be completed in the fourth quarter of 2018, with the first tenants likely to occupy in early 2019.
Shortage of Saudi homes provides scope for developers
Several UAE developers and contractors have expanded in the kingdom in recent years, and although it is not always the easiest place to work, most remain positive about its prospects.
