Articles
New app lists top 100 property brokers in Dubai
The Dubai Brokers app also helps people easily identify legitimate brokers, as well as check if their licence to practice is up to date.
Saudi Arabia buys 38 per cent of Korean contractor Posco E&C for $1bn
The Posco chairman Kwon Oh-Joon announced that it would also collaborate with Public Investment Fund with a view to setting up a Saudi government-run construction firm.
Interserve bidding for oil and gas work in the Gulf
Interserve has a range of interests across the Arabian Gulf, including stakes in the UAE-based contractor Khansaheb Civil Engineering, Oman’s Douglas OHI and Qatar’s Gulf Contracting Company.
Orascom Construction hands over 250MW power plant in Egypt
Egypt has suffered from power shortages over the past few years, particularly during the hot summer months.
The high society London address with Harrods and a Dh67m price tag
Prestigious London address offers luxury living with Harrods concierge services thrown in - from store deliveries to a maid's service and even private jet or helicopter bookings.
Louvre Abu Dhabi moves closer to completion
TDIC, Arabtec chairmen happy with progress at Louvre Abu Dhabi which is set to be complete by the end of this year.
UK’s Aukett Swanke buys Dubai architecture practice
Aukett Swanke will add Peer John R Harris & Partners' 27 staff to its existing offices in Dubai and Abu Dhabi, taking its total employee numbers of over 370.
World’s tallest commercial tower in Dubai moves step closer as Burj Khalifa architect appointed
AS + GG has also designed Saudi Arabia’s Kingdom Tower - the 1 kilometre-high tower being built by Jeddah Economic Company that is set to be the world’s tallest when it completes in 2019.
Danube Properties’ Glitz 3 development loses sheen as Dubai market slows
'Glitz 3 is slower than 1 and 2, but nevertheless we are much better off than other private developers,' said Danube’s founder Rizwan Sajan.
Damac opens women-only sales office in Dubai
'We have seen a significant increase in the number of women looking to invest in the Dubai property market, and it was a natural progression to open an all-female office,' said managing director Ziad El Chaar.
Abu Dhabi’s Reem Island to be home to 210,000 residents in new master plan
Reem Island is set to get 11 new private schools, six nursery centres, three new private hospitals, nine mosques, Civil Defence and Police facilities and 500,000 square metres of public parks and open space.
Damac to hand over first Akoya villas in Dubai this year
Structures for 1,100 of the villas are already finished and around 95 per cent of the site’s golf course is also complete.
Dubai developer Limitless awards Arco Dh285 million contract for Downtown Jebel Ali infrastructure
Work will start immediately in all four zones of the project. Upon completion by the end of 2017, the property plots will be handed to third-party developers.
Damac enlists property broker 5i5j to ‘sell Dubai’ to the Chinese
A pilot programme in five Chinese cities that allowed individuals to repatriate funds outside of China to purchase stocks, bonds and real estate.
Dubai one of worst performing global housing markets in Q1
Knight Frank’s Global House Prices Index scored the city 53rd out of 56 locations monitored.
