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Call for elevation of UAE green building standards
Karim El-Jisr says current green building specifications are too lenient. A leading expert involved with Dubai’s Sustainable City project has called on...
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Abu Dhabi merges IPIC, Mubadala Development
Newly created Mubadala Investment Company will have assets totalling $125 billion. Abu Dhabi’s government has merged two of its top investment funds...
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Dubai South, Deyaar strike deal for project
1.27 million sq ft development to include residential units, shops, retail outlets and hospitality facilities. The Dubai South master-developer and Deyaar have...
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Dubai real estate market sees $3.2bn of deals in fortnight
Dubai Land Department director general says investor confidence growing in 2017. Dubai’s real estate market generated transactions worth $3.2bn during the first...
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New UAE fire code ‘won’t apply to ongoing projects’
Under-construction developments will not be subject to the new regulations – report. A new fire safety code in the UAE will not...
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UAE committee approves 420 projects worth $136m
Construction works were endorsed by the UAE President’s Initiatives Committee. The UAE President’s Initiatives Committee has endorsed 420 construction projects at a...
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Imdaad reports rise in revenues for 2016
Earnings increase 10% to $136m as company also rebrands visual identity with new logo. The GCC’s facilities management (FM) heavyweight, Imdaad, has...
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Oman real estate deals hit $454m in December
Highest number of sales contracts recorded in Muscat. The value of real estate traded contracts in Oman during December 2016 stood at...
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Cayan has $1.5bn worth of ongoing projects
Works include the CMC Tower and the mixed-use Samaya development in Riyadh. Cayan Group has SAR5.5 billion ($1.47bn) worth of 2016 projects...
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Al Hamra launches monthly payment plan for buyers
Ras Al Khaimah-based developer looks to attract potential buyers to vacant Al Hamra Village units with five-year scheme. Ras Al Khaimah-based property...