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Majid Al Futtaim to invest $70m in City Centre Sharjah
Work on expanding and refurbishing the mall expected to be complete by Q4 2017. Majid Al Futtaim, the shopping mall, retail and...
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Six Flags ‘to open first Saudi theme park by 2021’
Entertainment giant’s expansion into the kingdom will probably include three parks - report. Six Flags Entertainment plans to open its first theme...
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Saudi cement sales down 7%, inventories on rise
Inventories continued to rise with a 16.4 per cent year-on-year growth. Total cement sales in Saudi Arabia fell 6.8 per cent year-on-year...
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UDC inks $196m Pearl Qatar project deals
United Development Company announces three projects including the Al Mutahidah Towers. United Development Company (UDC) has announced the signing of three contracts,...
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First Group breaks ground on Dubai hotel project
Indian Test cricket legend Sunil Gavaskar attends ceremony at site of Millennium Place JVT Dubai. The First Group held the ground-breaking ceremony...
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DSI trims losses after ‘relentless’ cost cuts
Dubai contractor posts net loss of $22m in third quarter compared to the $268m reported a year ago. Drake & Scull International...
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Dubai launches UAE’s first sustainable autonomous house
Mohammed bin Rashid Space Centre unveils self-powered building that will feed surplus energy back into the grid. The Mohammed bin Rashid Space...
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Aldar awards $8m contract for Mayan project in Abu Dhabi
Dutch Foundation & Concrete Rehabilitation Company begins early works on five-month contract. Aldar Properties, the Abu Dhabi-listed property development, investment and management...
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Sheikh Mohammed opens $1bn Dubai Canal
The 12 km artificial waterway built at a cost of $1 billion links the Dubai Creek to the ocean . Sheikh Mohammed...
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Danube Properties launches $109m ‘Miraclz’ Project
Developer’s seventh project will offer 591 apartment units. Danube Properties has announced the launch of a $109 million project dubbed ‘Miraclz’, located...