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      Michael Fahy

      Michael Fahy

      Location

      Articles

      Does this Dh85m penthouse have the best view in London?
      Camera8
      Does this Dh85m penthouse have the best view in London?
      BusinessOctober 22, 2015
      Contract awarded to build new Dubai hospital offering surgery performed by robots

      Habtoor Leighton Group (HLG) has won a Dh468 million contract to build the hospital which is being touted as the region’s first smart hospital.

      BusinessOctober 22, 2015
      Sweett mulls future of Middle East business

      Company says that its 100-strong Middle East arm with UAE, Qatar and Oman offices has had another 'challenging six months'.

      PropertyOctober 22, 2015
      Dubai South secures Dh4 billion funding line at Expo Milan

      Funding can be used to purchase goods and services from Italian companies servicing Dubai South.

      PropertyOctober 21, 2015
      Moody’s states that Saudi Arabia is facing a fiscal deficit of 17 per cent this year. Omar Salem / AFP
      GCC sovereigns likely to take action to cut deficits, says Moody’s

      Attempts to tackle subsidies a likely response to worsening balance sheets as oil prices forecasted to remain low, says analyst.

      BusinessOctober 20, 2015
      The Saudi construction slowdown could also be felt by UAE-based contractors that have invested heavily in the world’s largest oil exporter. Fahad Shadeed / Reuters
      Saudi Arabia’s construction sector hit by spending slowdown and payment issues

      Saudi government departments have slowed payments to contractors working on projects as a result of the oil price slump.

      BusinessOctober 20, 2015
      Dubai to introduce energy efficiency rankings for buildings

      The entry-level for ranking buildings will be the bronze category and will be based on the minimum standards that buildings need to meet under Dubai Municipality’s Green Building Regulations.

      PropertyOctober 20, 2015
      Tecom merges DuBiotech and EnPark to attract broader range of companies

      Dubai Science Park director says combined entity will better serve the wider business community.

      BusinessOctober 18, 2015
      Bloom Holding to launch school business offering International Baccalaureate

      Company expects to sign deal with US-based schools operator and several healthcare groups to help with its diversification from residential real estate projects.

      PropertyOctober 18, 2015
      Alex Nicholas, left, and Siddarth Singh both worked together at the multinational consultancy Accenture before starting the firm. Sarah Dea / The National
      SME profile: Bootstrapped technology business secures cash for growth dash

      JRD Group's co-founders have the advantage of a consultancy background, but still had to build their property listings website business the hard way.

      BusinessOctober 17, 2015
      Kishore Chand, the co-founder, of Concept Diary, does not believe he has made any financial mistakes – just taken risks that have not all paid off. Satish Kumar / The National
      Money and me: Dubai creator of quiz app likes to take calculated risks

      The founder of online quizzes and rewards site Cwikwin doesn't believe he's made any financial mistakes - just taken risks that haven't paid off.

      BusinessOctober 16, 2015
      Residential apartments in Discovery Gardens where yields are some of the highest in the city. Pawan Singh / The National
      Improving property yields make Dubai attractive again for investors

      City-wide initial yields in Dubai stand at around 7.4 per cent, but are much higher in fringe locations as prices tumble but rents stay stable.

      PropertyOctober 15, 2015
      Construction of a building near the Al Mamoura area of Abu Dhabi. Pawan Singh / The National
      Oil price uncertainty takes heat out of UAE construction market

      Construction costs across the UAE, which have remained stable over the past 12 months, are unlikely to experience any major increase in the near future.

      PropertyOctober 15, 2015
      Affordable housing is a major issue in Abu Dhabi. Above, a villa under construction near Al Bateen airport. Silvia Razgova / The National
      Abu Dhabi to introduce policy on affordable housing targets for developers

      Planning body signs agreement with 19 major developers to share information on sales and rentals to help shape policy.

      PropertyOctober 12, 2015
      RTA in Dubai progresses Union Oasis project above metro station

      Call for bidders to register for the project kick-starts what will be the first scheme to be completed under Dubai’s new public-private partnership regime.

      PropertyOctober 08, 2015
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