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Michael Fahy

Michael Fahy

Location

Articles

The work for the Meydan One mall is expected to take 23 months to complete. Courtesy The Meydan Group
Salini Impregilo lands $435m contract to build Dubai’s Meydan One Mall

The contractor said that it would be responsible not only for building the mall but also some of the substructures and superstructures for neighbouring elements.

PropertyMarch 16, 2017
Above, an artist illustration of the mall's interior. Courtesy Meydan
Work set to start on Dubai’s Meydan One mall

The new mall will contain about 620 shops, including a pair of department stores and a 131,150-square-foot hypermarket.

PropertyMarch 15, 2017
Saeed Al Qatami said that another hotel project is in the pipeline at its Midtown development. Sarah Dea / The National
Deyaar chief looks to drive Dubai developer’s recurring income

The company only has a handful of retail units within its asset management portfolio but it is expected to add 198 serviced apartments until next year.

PropertyMarch 15, 2017
Ducon Industries' current line is running 24 hours, seven days a week to meet demand. Pawan Singh / The National
Made in the UAE: Ducon Industries founder creates his own path

The father and grandfather of the founder of Ducon Industries, which makes building materials, worked in construction here before the UAE was formed. Now the company is set to expand and is using the internet to boost growth.

BusinessMarch 15, 2017
25 of 2getthere’s third-generation driverless GRT vehicles are set to operate on a new Dubai bus network linking Nakheel Harbor and Tower station to Bluewaters Island. Courtesy 2getthere
Dubai set to get major robot bus network

A Dutch company has won the contract for a new automated transport network in the emirate that will see driverless buses ferry passengers to and from Bluewaters Island.

BusinessMarch 14, 2017
Hill International to manage new Masdar City project

The 1.1 million sq ft Masdar Institute Neighbourhood will contain one office building, two residential buildings and a plaza.

PropertyMarch 14, 2017
Rizwan Sajan, founder of Danube Properties, is confident of a quick turnaround for Resortz partly because 305 of the 419 apartments are studios, which are most popular with investors. Courtesy Danube Properties
Danube chief shrugs off concerns over Dubai residential property oversupply

Danube founder Rizwan Sajan is confident of prospects of selling all of its new Dh300 million Resortz project within a month.

PropertyMarch 14, 2017
Chinese contractor commits to UAE with new Dubai office

The state-owned company is the major shareholder of China Railways Group, which is listed as the second-biggest contractor in the world by the US-based trade title Engineering News Record.

BusinessMarch 13, 2017
China Railways Engineering Corporation, a leading locomotive design and innovation company, was among the exhibitors at the Middle East Rail conference in Dubai last week. Delores Johnson / The National
UAE on China’s Silk Road map

The Middle East and this country in particular are regarded as vital to the world’s second-biggest economy’s ambitions to expand globally. Beijing sees the Emirates as a crucial waypoint on its trade links between East and West.

BusinessMarch 13, 2017
Deyaar has plans for 5.7 million sq ft of Dubai property on the drawing board

Chief executive Saeed Al Qatami says the company also has plans to develop a project in Dubai South, which will include its first townhouse project.

PropertyMarch 13, 2017
Courting the Chinese legal system a priority for DIFC

The deepening trade ties between China and the UAE has also meant that the 'soft infrastructure' supporting these should also be strengthened.

BusinessMarch 13, 2017
Damac awards Dh1.4 billion in contracts in first two months of 2017

Ghantoot Gulf, Trojan General Contracting, China State and Commodore Contracting are among the firms awarded new deals.

PropertyMarch 09, 2017
Paul Maynard, the rail minister at the UK Department of Transport, said that “the growing interest in PPP across the region as a whole is something we can take great comfort from”. Delores Johnson / The National
UK sees trading hope from region’s growing interest in PPP for rail projects

Britian has expertise in delivering public-private partnership projects and is ready to share its experience

BusinessMarch 09, 2017
Egypt to invest billions in rail infrastructure

Egypt’s minister of transport says the country is targeting up to €14.4 billion worth of investment in rail and metro projects

BusinessMarch 08, 2017
Saudi Arabia turns to public-private partnerships to complete rail projects

The delayed Makkah Metro project has been negotiated and will prob­ably be awarded as a public-private partnership arrangement, and similar projects in Jeddah, Dammam and Madinah may follow suit.

BusinessMarch 07, 2017
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