-
FIFA turmoil unlikely to impact Qatar project pipeline – experts
Gulf state’s ambitious construction plans will flourish with or without 2022 World Cup, industry executives say. The controversies surrounding the 2022 FIFA...
-
Thirty companies in violation of UAE midday break law
About 27,000 inspections were conducted between mid-June and the end of July, officials say. Thirty companies have been found in breach of...
-
CBRE: Middle East investors to pump $15 billion annually into global real estate
First quarter saw Middle East investors buy $5 billion of property in Europe and the US. Middle East investors are likely to...
-
UAE ranked among top 10 countries for green building
Country places eighth globally in U.S. Green Building Council index of LEED-certified space. The United Arab Emirates ranks as the top country...
-
Structural work on Marina Bloom in Abu Dhabi complete – ASGC
Mixed-use development is scheduled for completion in third quarter of 2016. The UAE-based Al Shafar General Contracting (ASGC) has announced the completion...
-
Dubai real-estate sector sees ‘slight slowdown in hiring’
Smaller companies may be hit by the reduced activity in the market, says recruitment expert. Dubai’s real-estate sector has seen a slight...
-
High-end, high-rise properties in demand in Saudi Arabia, says report
There is a greater focus on modern luxury towers in cities like Jeddah and Riyadh, according to Colliers. There is increasing demand...
-
Indians ranked as top foreign investors in Dubai property in H1
Indian investors carried out $2.12bn worth of transactions in the first half of 2015, followed by British, Pakistanis and Canadians. Indian investors...
-
ALEC bags contract to build school at Akoya by Damac in Dubai
UAE-based contractor chosen to construct Jebel Ali School at the east end of Hessa Street. The UAE-based contractor ALEC, a subsidiary of...
-
Damac shares soar 15% on Dubai market as Q2 profits triple
The developer, which listed on the Dubai Financial Market in January, announced a 20% dividend in cash and shares. Shares in Damac...