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      Michael Fahy

      Michael Fahy

      Location

      Articles

      Imkan starts The Artery at Makers’ District on Reem Island

      Walid El-Hindi says plans for other Makers' Districts are being brought forward for Rabat, Cairo, Sao Paolo and Montenegro.

      PropertyApril 22, 2017
      Saadiyat Island resort deal awarded to Hill International

      The deal for a Saadiyat resort follows on from a win 12 months ago to build a Rixos resort on the same island.

      PropertyApril 20, 2017
      Abu Dhabi Municipality signs deals with developers for community malls

      Further deals involving another community mall and facilities around two slipways

      PropertyApril 20, 2017
      Above, a model of Mubadala’s Arzanah development during Cityscape Abu Dhabi. Christopher Pike / The National
      Mall to be centrepiece of Zayed Sports City project

      The mall will comprise more than 1.9 million square metres of built-up space around the existing football and tennis stadiums that will eventually be home to more than 30,000 people.

      PropertyApril 19, 2017
      Majority shareholder Aabar Investments has indicated that it will effectively underwrite the rights issue portion of the deal. Silvia Razgova / The National
      Arabtec rights issue gets green light after stormy general meeting

      Arabtec’s shareholders approved a proposal to undertake a capital restructuring that will see it raise Dh1.5 billion through a rights issue.

      PropertyApril 18, 2017
      Arabtec insists its strategic plan remains on track. Silvia Razgova / The National
      Arabtec pursuing cases against former management, says chairman

      'Everyone working in senior management and middle management who did not do their duties for the sake of Arabtec will be in court.'

      PropertyApril 18, 2017
      Premium property can lift UAE and Saudi economies, executives say

      An executive poll in UAE and Saudi markets reveals that most believe investment-grade real estate has a stimulating effect.

      PropertyApril 17, 2017
      Mohamed Alabbar of Emaar Properties said it is targeting more project wins this year. Victor Besa for The National
      Emaar keeps focus on growth at annual general meeting

      The Emaar Properties chairman Mohamed Alabbar has said that its board will continue to place pressure on its management to deliver profitable growth.

      PropertyApril 17, 2017
      The Arabtec headquarters in Abu Dhabi. The company has appointed a new chief financial officer. Reuters
      Arabtec appoints new finance chief

      Peter Pollard joins from UK-based outsourcing company Serco, where he was managing director of its Hong Kong business

      PropertyApril 17, 2017
      From left: David Regueiro, Mimoun Assraoui and Mujahed Abulsalameh advise clients on suitable investments, which can range from fish farms to Antigua’s nascent film industry. Antonie Robertson / The National
      SME profile: Former Dubai banker’s residency-for-investment consultancy generates growing interest

      The company offers consultancy services on schemes that offer citizenship or residency in an overseas country by way of investment.

      BusinessApril 15, 2017
      Tabarak to become majority owner of Drake & Scull

      Dubai-based Tabarak is paying 43 fils per share, which was a discount of 3 fils to the closing price of 46 fils on Tuesday before the deal was announced.

      PropertyApril 12, 2017
      Nakheel awards Dh4.2 billion Deira Mall project to Unec
      Camera9
      Nakheel awards Dh4.2 billion Deira Mall project to Unec
      PropertyApril 12, 2017
      JLL foresees ‘watershed year’ for Saudi property market

      Implementation of new white land tax expected to spur development activity in affordable housing sector.

      PropertyApril 11, 2017
      Capital restructuring will allow Arabtec to focus on long-term prospects, says chief executive

      Its shareholders are set to vote on proposals for a recapitalisation at Arabtec’s annual general meeting, which takes place on Tuesday, 18 April.

      PropertyApril 11, 2017
      The £127 million Al Araimi Boulevard is being built in the coastal suburb of Al Khoud by Al Raid Group. Courtesy Al Raid Group
      Omani developer plans Westfield-inspired mall near Muscat

      Al Araimi Boulevard will open in Al Khoud in September next year.

      PropertyApril 11, 2017
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