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ALEC boss welcomes formation of Saudi contractors’ association
Government-backed body could bring ‘right kind of standards into the industry’, says Kez Taylor. The formation of a contractors’ association in Saudi...
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Dubai’s Damac raises $100m in sukuk issue
Property developer says proceeds will partly be used to acquire land plots. Damac says its property development arm has raised $100 million...
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Dubai property market ‘stands tall’ among rivals despite price slump
Decent rental yields and tax-free status means Dubai is still attractive to investors, says Knight Frank. Dubai’s real estate investment sector still...
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ALEC CEO: Lifting of Iran sanctions to boost investment in Dubai
Tax-free environment and historic ties to prove attractive, says Kez Taylor. The lifting of sanctions on Iran will give a boost to...
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Saudi Binladin makes insurance claim after crane disaster
United Cooperative Assurance says it will announce financial impact of the incident in Q4 financial statements. Saudi Arabia’s United Cooperative Assurance says...
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‘Resilient’ Qatar set to award $220bn in projects, says S&P
Large-scale investments set to continue despite low oil prices and World Cup controversy. Qatar remains ‘resilient’ and is set to award $220 billion in...
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Meet the demolition men of Gulf construction
As the property sector expands, older and unfit structures often need to be taken down. A drive around the neighbourhood of Karama...
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Egypt’s New Suez Canal: What are the benefits?
Big Project ME examines the impact the New Suez Canal will have on the region. On August 6, 2015, Egyptian President Abdel...
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Site visit: Marina Gate, Dubai
A tour of the construction site as work on the core of the first tower begins. In the 12 years since Dubai...
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Dubai’s Juma Al Majid opens Jood Hospitality arm
New division will manage the Jood Palace Hotel in Deira, formerly the Taj Palace Hotel. Dubai’s Juma Al Majid Group has opened...