Articles
Site works start on Qatar’s flagship 2022 World Cup stadium
Enabling works start on the site of the venue for the final of the FIFA 2022 World Cup - final designs are to be unveiled next year.
Saudi Arabia should lure private finance to redevelop outdated airports
According to BMI Research following the successful completion of the new Medina airport earlier this year.
Carillion in trader’s crosshairs on London markets
Markit data suggests that Carillion has become the most shorted stock on London’s FTSE 250 Index.
More Chinese buyers seek homes in Dubai
Growing demand for Dubai property in China is driven in part by growing number of Chinese students in the UAE.
Saudi Binladin suspension may clear path for other major contractors’ entry into kingdom
The kingdom’s construction market has been dominated by Saudi Binladin Group and its main competitor Saudi Oger for the past decade.
RAK SME initiative signs agreement with eight businesses to help start-ups
Five of the eight companies offering business support to start-ups have come through Ras Al Khaimah Chamber's RAK SME initiative.
Nakheel signs Dh2.4bn construction contracts for Nad Al Sheba villas in Dubai
The community, expected to be completed in early 2018, will also feature a host of onsite facilities for residents, such as a club house and community swimming pool.
Khalifa Port container volumes up by 41 per cent
General and bulk cargo volumes also increase by 21 per cent and more tenants take up space at Khalifa Industrial Zone.
Jumeirah adds community aspect to Al Andalus
Work on the project would run alongside the building of the first two of eight planned apartment buildings in the new Al Andalus district, which are set to be delivered at the same time.
Agaoglu sells $67m Istanbul block
Agaoglu also used last week’s Cityscape Global in Dubai to seek investor interest in Turkey’s Istanbul International Financial Centre, for which it has been given a mandate by Turkey’s government to develop.
Union Properties sets date for Oia contract bids
Off-plan sales for the project, which comprises 152 villas and 127 apartments ranging from one to four bedrooms, will get under way in the first quarter of next year.
Palazzo Versace hotel in Dubai to open in December
Building completion for the accompanying Palazzo Versace residences had begun in Dubai and units were currently being handed over to customers.
Tanmiyat to deliver all 500 villas at delayed Living Legends project in Dubailand
The company has just announced the completion of the project’s first phase of 172 villas.
Nakheel boss dismisses talk of Dubai hotel oversupply
The Dubai-based developer is continuing to grow its portfolio of budget hotels.
Al Habtoor warns of Dubai hotel oversupply ahead of Expo 2020
Dubai has introduced a series of measures encouraging investment in mid-range rooms to accommodate the city’s 25 million visitors expected by 2020.
