Articles
Arabtec chief says a shake-up is on the way
A management review is part of the company's restructure, with new appointments pending as construction firm looks to raise funds.
Laptop ban is a sign of things to come, says Eurasia Group founder
The Trump administration’s desire to appear tough on the threat of terrorism was a more likely motivator, said Ian Bremmer.
Saudi’s NTP the right strategy, but may be too late, says Eurasia Group founder
The plan set the right targets in attempting economic diversification, social reforms and improvements in education, he said.
World’s billionaire population shrinking, but not in the Middle East
The number of billionaires in the Middle East edged up by 1.3 per cent to 169 people last year although around the world the figure declined for the first time in several years.
Old Town apartments in Dubai with a new face for Dh3.7m
This refurbishment of this two-bedroom property in The Old Town at Downtown Dubai has given the apartment a much brighter feel.
Arabtec is on ‘top of risks’, says firm’s chief
Hamish Tyrwhitt, the chief executive of Arabtec, believes that the company now has a handle on its accounts, with regards to further deterioration in its balance sheet.
Meraas’ Bluewaters Island in Dubai moves into the ‘building-finishes’ stage
Meraas Holding said construction work on the island is now 75 per cent complete, with the project moving on from its structural phase to building finishes.
Parsons appointed to oversee expansion of Sharjah International Airport
The US engineering consultancy will oversee designs, site preparation, supervision of the construction and the handover of the first phase of the project.
DP World chief brushes off protectionism concerns over global trade
DP World expects global trade'to remain resilient, even in an era where there is much discussion about protectionism and increasing trade barriers'.
MGM and Bellagio hotels to be built at new resort site in Dubai
According to a statement from MGM Resorts, the site will 'occupy the longest stretch of waterfront ever developed in Dubai' along the Jumeirah Beach front.
Arabtec Holding’s board to meet on Tuesday to review results
Publication of audited results and terms of its proposed rights issue likely to follow shortly after.
Abdulla Al Habbai appointed as new Dubai Holding chairman
Abdulla Al Habbai, the chairman of Meraas Holding and Dubai Parks and Resorts, has been named Dubai Holding's chairman.
Villa rental yields converge across Dubai and Abu Dhabi – report
A Reidin/Global Capital Partners study argues that yields for villa properties have been converging over the past four and-a-half years as prices have followed similar patterns in both cities.
Light at end of tunnel for Saudi’s contractors, says Al Khodari
'Active government bodies will award in the second quarter, and then in the third and fourth quarter you will start to see the revenue being booked.'
