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Michael Fahy

Michael Fahy

Location

Articles

HLG appoints new management team and embarks on strategic review

The review is aimed at boosting operational efficiencies and tackling legacy debts as the company's Australian partner pumps in more working capital.

BusinessFebruary 09, 2017
CSCEC is completing infrastructure, steelworks and mechanical, electrical and plumbing packages at Abu Dhabi Airport’s Midfield Terminal Building. The contractor said it has secured about Dh8 billion to 9bn worth of work over the past year. Courtesy Adac
China State Construction confident that funding deals will secure more Middle East work

The chairman Yu Tao said the contractor has secured about Dh8 billion to 9bn worth of contracts over the past year.

PropertyFebruary 07, 2017
A rendering of the Viceroy Dubai, which is anticipated to be completed in 2018. Courtesy Skai Holdings
China State Construction unit aiming for summer 2018 finish at Viceroy Dubai site hit by fire

The contractor is attempting to move the project ahead following the fire that took place on site in August 2016.

PropertyFebruary 07, 2017
Al Shafar to double footprint of steel production site at Dubai Industrial Park

The company is to spend Dh100 million on four new facilities at the site, allowing it to increase its annual production capacity by up to Dh300m a year for the first two years.

BusinessFebruary 06, 2017
Above, an artist rendering of the 1/JBR project, a 46-storey tower that has a development value exceeding Dh1 billion. Courtesy Dubai Properties
Construction work to start at Dubai Properties’ 1/JBR tower

The 46-storey tower with views of Bluewaters island and Palm Jumeirah is set for handover at the end of 2019.

PropertyFebruary 05, 2017

Mr Hogan said the "core pillars of our strategy" including growth via partner airlines continued to enjoy the support of Etihad's board

BusinessFebruary 02, 2017
Emirates NBD launches digital-only bank for millennials

Liv. brand will target millennialls with app that offers deals and easy payment transfers through social media.

BusinessFebruary 02, 2017
Carsten Spohr, left, chief executive of Lufthansa, and Australian James Hogan, president and CEO of Etihad Aviation Group, speak during a press conference on boosting cooperation, on February 1, 2017 in Abu Dhabi. Nezar Balout / AFP
Etihad Airways and Lufthansa press conference – live updates

The Abu Dhabi and German airlines are to announce future cooperation at a media event in the UAE capital.

BusinessFebruary 01, 2017
From left, James Hogan, the chief executive of Etihad Aviation Group, Mohamed Al Mazrouei, the Etihad chairman and Lufthansa’s Carsten Spohr. Jeffrey E Biteng / The National
Etihad and Lufthansa signal closer ties after $100m catering deal

The agreement is for a four-year deal for Etihad to use catering services supplied by Lufthansa’s LSG Sky Chefs.

The NationalFebruary 01, 2017
A warehouse in Jebel Ali Free Zone. New supply is weakening demand for older industrial property in the area. Sarah Dea / The National
Demand for industrial property in Dubai weakens

New building completions in Jafza South are placing pressure on rents and prices for older stock in Jafza North.

PropertyJanuary 31, 2017
Rules hold back development of co-working space in Dubai

Regulations need to be more flexible to encourage the development of co-working space.

PropertyJanuary 31, 2017
The Dubai Mall, one of the shopping centres owned by Emaar Malls. Chris Ratcliffe / Bloomberg
Emaar Malls quarterly profit edges higher

The malls operator continues to post profit and turnover growth despite tougher conditions for region's retail sector.

BusinessJanuary 31, 2017
Dh11 billion worth of Expo 2020 contracts to support Dubai’s growth this year
Camera
Dh11 billion worth of Expo 2020 contracts to support Dubai’s growth this year
PropertyJanuary 30, 2017
Riviera Group launches Dh125 million La Riviera Apartments in Dubai
Camera
Riviera Group launches Dh125 million La Riviera Apartments in Dubai
PropertyJanuary 30, 2017
CBRE has been appointed to sell Burlington Arcade, above, which runs between Piccadilly Street and Bond Street. Sylvain Sonnet / Getty Images
CBRE seeks Middle East buyer for prime London shopping centre

The centre, which is built on a half-acre site, contains 37,000 square feet of retail space and has the longest covered shopping street in the UK.

PropertyJanuary 29, 2017
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