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      Michael Fahy

      Michael Fahy

      Location

      Articles

      Dubai’s JRD Group to move rent listings to Justproperty brand

      Online property portal will house all of its sales and rentals at its Justproperty.com site.

      PropertySeptember 29, 2015
      A rendering of Al Maryah Central which is set to be completed in 2018. Courtesy Gulf Related
      Gulf Related signs Dh2.3bn loan with ADCB to build Al Maryah Central in Abu Dhabi

      Scheduled to open in March 2018, the 2.3 million square foot mall will feature the first Macy’s outside of the United States.

      BusinessSeptember 28, 2015
      Billboard signs at Al Sufouh 1, in front of Sky Spiral Towers. Reem Mohammed / The National
      Giant adverts on delayed Dubai tower to stay in place for another year

      The huge banners have been hanging from the sides of the Sky Spiral Towers project in Al Sufouh for four years.

      PropertySeptember 26, 2015
      There is an urgent need for infrastructure investment in India, which will only happen with the involvement of the private sector. Prashanth Vishwanathan / Bloomberg
      Excitement of India infrastructure investors dampened by unfavourable business environment

      Potential partners for $75 billion India infrastructure fund face a number of hurdles in ensuring they receive a return for their investment.

      BusinessSeptember 24, 2015
      Le Chateau Malet sits on a 14-acre site in the hillsides of Cap D’Ail, overlooking yacht-filled harbours. Courtesy Emile Garcin Properties
      Spectacular hillside Le Chateau Malet off Monaco can be yours for a bargain €48 million

      Le Chateau Malet was built in 1892 for Sir Edward Malet, who at the time was Britain’s ambassador to the German empire.

      BusinessSeptember 24, 2015
      Zaha Hadid was awarded the prize in recognition of her lifetime body of work. Andreas Rentz / Getty Images
      Zaha Hadid, designer of Sheikh Zayed Bridge in Abu Dhabi, blazes trail for women with Riba gold medal

      Baghdad-born architect becomes first woman to receive Royal Institute of British Architects' award in its 167-year history.

      PropertySeptember 24, 2015
      UK’s Assael Architecture to set up shop in Abu Dhabi this year

      Assael Architecture advises many Arabian Gulf clients on projects in London, and it recently created a new master plan for Dubai’s Za’abeel Park.

      PropertySeptember 23, 2015
      Damac's 18-month debt certificates were secured by way of a private placement and have been rated as BB by the debt agency Standard & Poor’s. Jeffrey Biteng / The National
      Damac raises $100m via sukuk

      Developer says funds will be used to buy plots and build its pipeline for new projects.

      PropertySeptember 22, 2015
      Focus on GCC, India and Bangladesh markets to boost RAK Ceramics share price

      The Securities and Investment Company in Bahrain has a target price of Dh4.20 for RAK Ceramics shares, a 25 per cent premium on the stock’s closing price of Dh3.35 on Tuesday in Abu Dhabi.

      BusinessSeptember 22, 2015
      GCC credit cycle at potential tipping point amid low oil, says S&P

      The amount of debt issued by GCC corporates over the past 12 months has dropped by 58 per cent.

      BusinessSeptember 21, 2015
      Arcadis acquired Hyder in a $483.3 million deal last year, which has boosted its presence in the Middle East considerably. Ryan Carter / The National
      Engineering consultant Arcadis to do away with Hyder and other brands

      EC Harris and Hyder Consulting – its best-known name in the Middle East – among those to be phased out.

      PropertySeptember 21, 2015
      Meena Plaza has been under construction for some time. Lee Hoagland / The National
      Builder pulls out of Dh980m Meena Plaza project in Abu Dhabi ‘after not being paid’

      Progress had started and stopped several times on the Port Zayed mixed-use project as Zelan Holdings announces it is halting work.

      PropertySeptember 21, 2015
      Weaker gas prices will not deter Qatar from heavy infrastructure build up for World Cup 2022

      Despite being likely to run a fiscal deficit next year, Qatar has built substantial foreign exchange reserves that would allow it to continue spending for a long time.

      BusinessSeptember 20, 2015
      Propertyfinder.ae said the proportion of its own traffic that came via its mobile site grew from 19.5 per cent in the first quarter of last year to 28 per cent by the end of the year. Pictured, Dubai Marina. Sarah Dea / The National
      Propertyfinder.ae finds scope for plenty of growth in the UAE

      Users in the UAE made more searches per person than any other country in the region but still lagged way behind in terms of global activity, according to new white paper.

      TechnologySeptember 20, 2015
      Reworked plans for Dubai’s Mall of the World a journey into retail evolution
      Camera3
      Reworked plans for Dubai’s Mall of the World a journey into retail evolution
      BusinessSeptember 19, 2015
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