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Oman construction sector tipped for growth
Major international investment has begun filling the funding gap caused by reduced government spending – analysts. Oman’s construction sector is expected to...
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Work begins at Deyaar’s hotel project in Al Barsha, Dubai
The hotel, which will have a total of 408 units, is expected to be completed by December 2017. Developer Deyaar says work...
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Dubai’s Nakheel unveils Nad Al Sheba mall plan
1.2 million square foot shopping, dining and entertainment hub to be added to developer’s $4.4 billion retail project portfolio. Nakheel plans to...
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Big Project ME – September 2016
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Most Gulf ultra-wealthy ‘likely to buy real estate in 2016’
Cluttons survey finds London, New York and Singapore head list of preferred investment destinations . More than 63% of GCC-based high net...
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Kuwait real estate sector sees ‘summer slowdown’
National Bank of Kuwait report finds July sales at four-year low. Kuwait’s real estate sector registered a slowdown over the summer, with...
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Nakheel opens Dubai Metro link at Ibn Battuta mall
Elevated walkway part of ongoing expansion of the major retail and leisure destination. The Dubai developer Nakheel has opened an elevated link...
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Australia’s Brookfield Multiplex to rebrand
Contractor behind several high-profile construction projects in the Arabian Gulf will now be known as Multiplex. The Australia-headquartered contractor Brookfield Multiplex, which...
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Fire breaks out at Abu Dhabi construction site
VIDEO: ‘Hundreds’ of workers evacuated from site next to the Beach Rotana hotel. A major fire broke out at a construction site...
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Abu Dhabi: Bloom awards Soho Square enabling contract
Dutch Foundation Company and Concrete Rehabilitation wins contract, with works set to begin in September. Bloom Properties has awarded the enabling works...