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.
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.
Abu Dhabi Municipality signs deals with developers for community malls
Further deals involving another community mall and facilities around two slipways
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.
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.
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.'
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.
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.
Arabtec appoints new finance chief
Peter Pollard joins from UK-based outsourcing company Serco, where he was managing director of its Hong Kong business
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.
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.
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.
Omani developer plans Westfield-inspired mall near Muscat
Al Araimi Boulevard will open in Al Khoud in September next year.
EFS Facilities Services to expand its footprint in Africa
The Dubai-based company has picked up Dh750 million worth of new contracts over the past four months, bringing its backlog to more than Dh3.67 billion.
