Articles
A simple farmhouse life in Provence for Dh34 million
Orascom wins $245m student housing contract in Texas
Company says student complex being built at Texas A&M for over 3,400 students will be the largest in the US
Off hours: Dubai hospitality chief spends weekends in his own hotels
Abdulla bin Sulayem is chief executive of the hospitality development company Seven Tides and of property company Asteco.
Project delays hit Drake & Scull as Q2 profit falls 76%
Dubai-based contractor said the drop in profit was due to 'delays and cost overruns on projects across several markets'.
Dubai property prices are falling faster than rents
In Abu Dhabi, the same phenomenon is occurring, although both rental and price movements have been less pronounced.
Dubai Properties signs four-hotel deal with Starwood
The hotels will be based in newer parts of Dubai, along the Sheikh Mohammed Bin Zayed Road corridor in Dubiotech, Studio City and IMPZ.
Nakheel signs Al Tayer brands to Al Khail Avenue mall in Dubai
Developer says 60 per cent of the mall next to Jumeirah Village Triangle has been pre-let ahead of its proposed opening in 2018.
New Suez channel helps to turn around National Marine Dredging
A management report accompanying the accounts highlighted the company’s achievement in leading the consortium that completed the Suez Canal on time for its opening on August 6.
US construction consultancy Hill International keeps faith in region
Investors accepted the board’s recommendation to vote down resolutions by shareholder Bulldog Investors to replace two board directors and appoint an investment bank to advise on selling a part of or the entire business.
Marina Bloom project in Abu Dhabi moves step closer to completion
Al Shafar General Contracting has completed structural work at the project, which is expected to be complete by the third quarter of next year.
Al Noor Hospitals agrees Dh1bn deal to expand three Abu Dhabi sites
The deal will see new blocks being built at Al Ain Hospital and its Airport Road facility in Abu Dhabi that will see them double in size.
Gulf Related awards $425m Al Maryah Central contract to Australian builder
Retail mall at Al Maryah Island in Abu Dhabi is set to complete in March 2018.
RAK Ceramics shares fall as write-offs and economic headwinds weigh on earnings
The company has written off Dh48.4 million of its investment in a subsidiary in Sudan and Dh4.4m from its equity in Al Hamra Aluminium and Glass.
Arabian Construction Company wins $78.5m contract in India, its sixth
ACC entered India in 2011 when it won a contract from Lodha Developers to build the 117-storey, 442 metre-high World One Tower.
Back-weighted Dubai property plans soar in popularity among investors
Developers trying to entice end-users who are not able to stump up the larger deposits required since the UAE introduced a mortgage cap.
