Articles
Dubai Land Department says property investment grows
he department said that the amount of real estate investment transactions in Dubai last year exceeded Dh135 billion, which was 24 per cent higher than the Dh109bn of transactions it reported in 2014.
Dubai Parks and Resorts leases nearly two thirds of Riverland part of theme park
In total, Dubai Parks and Resorts said it had signed 34 lease proposals at Riverland ahead of the site’s scheduled opening in October.
Samsung R6 Wireless 360º review: a portable home speaker for those willing to spend extra
Egg-shaped omnidirectional speaker developed in Samsung's new California audio lab promises the same quality of sound wherever you are in a room.
GCC contract awards to drop by 15% in 2016
Saudi Arabia will be one of the hardest-hit markets, with new contract awards likely to drop by almost 20 per cent to US$40.7 billion.
Manazel launches retail arm to manage malls
Abu Dhabi-based developer says it could eventually seek a separate listing for new malls management arm.
Eagle Hills project could boost Bahrain GDP by 4%
The Abu Dhabi-based developer Eagle Hills has said its Marassi Al Bahrain project will involve an investment of $3 billion.
Lack of liquidity more likely to drive down investor sentiment in property than concerns over supply, says expert
Many new Dubai homes won’t be delivered on time in 2016, JLL says
Lower sales have led to developers pushing back completions to avoid supply glut.
Dubai’s Propertyfinder nets $20 million from sale of 10% stake
The $20 million investment is the second round of funding that Propertyfinder has received following an earlier investment from Dubai-based Beco Capital three years ago.
Qatar’s seventh Fifa World Cup 2022 stadium to be part of new waterfront district
Qatar's seventh World Cup stadium at Ras Abu Aboud will be designed by Populous and project managed by Turner Construction.
Orascom wins $420m Egypt power plant conversion contract
Conversion of the plants will boost capacity by 50 per cent without requiring any additional fuel.
UAE district cooling sector to grow by 18% in five years, says Emicool
According to Emicool, about 40 per cent of overall demand from a market that is expected to be worth US$29 billion by 2019 would be generated from the region.
L&T Oman lands $93.1m Sohar Airport contract
Tender Board documents show that L&T Oman’s initial bid of $89.7 million was considerably lower than that of almost $118m from its nearest bidder, Carillon Alawi.
Saudi Aramco IPO, the world’s biggest, to make company more transparent
Even if Aramco were to only list 10 per cent of its shares, that could be worth up to US$250 billion, according to estimates by some analysts who valued it at a total $2.5 trillion.
