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Coalition ‘transforms construction cost system’: ICMS
New International Construction Measurement Standards tipped to transform global industry by improving cost prediction in infrastructure projects. A universal system that enables...
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Abu Dhabi cracks down on illegal accommodation
Municipality has served 40 fines to date in the crowded Baniyas neighbourhood. In an effort to control and eradicate illegal forms of...
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TDIC: Structural works complete at Saadiyat Island project
Mamsha Al Saadiyat beachfront project in Abu Dhabi set for delivery in 2018. Abu Dhabi’s Tourism Development & Investment Company (TDIC) has...
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Fujairah signs deal for Smart Logistics City
The start of the project’s first phase is planned for the end of 2018. The Government of Fujairah has signed a partnership...
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UAE to exempt residential property from VAT
Ministry of Finance adds that supplies of commercial properties will still be taxable. The UAE government has decided to exempt residential property,...
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ADIB reinstalls cladding on new Abu Dhabi HQ
Move to replace exterior cladding panels comes as scrutiny grows over tower facade standards. Abu Dhabi Islamic Bank (ADIB) has said that...
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Abu Dhabi’s Aldar says project portfolio is on track
Abu Dhabi-based developer provides progress updates on projects as Ansam project nears handover. Aldar Properties, the Abu Dhabi-based listed property development, investment...
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Dubai land prices ‘rise by 13% in 2017’
Rise in first six months of year was not matched by similar increase in house prices. Land prices in Dubai freehold zones...
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Damac chairman discusses Croatian investment opportunities
Hussain Sajwani meets with Croatian president during visit to Zagreb. Hussain Sajwani, the chairman of Dubai’s Damac International, has discussed tourism investment...
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Property transactions in Dubai ‘decline by 23%’
Chestertons says seasonal decline in second quarter offset positive trend of Q1. The total number of residential transactions in Dubai during the...