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  Al Futtaim’s Festival Plaza to open in December 2019

  The Plaza will be home to Dubai’s second IKEA store. Festival Plaza, Al Futtaim’s latest community shopping project in on track to...

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  Imkan announces Thanaya on track for handover in Q4, 2019

  Developer boasts a portfolio of 26 projects spread across three continents . Imkan has announced that work on its Thanaya residential project...

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  World’s largest sports mall to open in Dubai

  The total area of the mall is said to be equal to 12 football pitches. Dubai-based firm Viva City has announced that...

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  Cluttons takes over leasing rights for Bahrain’s Fakhro Tower

  Firm says it has already leased out 350sqm of commercial space in the tower. Cluttons Middle East has become the sole property...

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  Omran and Majid Al Futtaim lay foundation stone for Madinat Al Irfan

  Phase one will occupy 250,000sqm and will be developed over the next five years. Oman Tourism Development Company (Omran) and Majid Al...

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  Atlantic brings its renewable water heating tech to The Big 5 and Solar Decathlon Middle East

  French company supporting student-led initiative to create the ideal solar house prototype at Solar Decathlon. Supplied Content Atlantic, a French water heating...

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  Nakheel announces net profit of $1.05bn for first nine months of 2018

  Developer says that focus on expanding its hospitality, retail and leasing divisions continues. Nakheel, the UAE-based master developer, has announced a net...

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  Saudi KAEC awards more than $319mm in contracts in 2018

  Main focus was on projects linked to tourism, recreation and sports facilities . Saudi Arabia’s King Abdullah Economic City (KAEC) has awarded...

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  Ducab signs three major contracts with ADNOC projects

  Ducab HV is the first dedicated HV and EHV cable manufacturing facility in the Middle East. Ducab has secured three major contracts...

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  Union Properties records $40mn net profit for first nine months of 2018

  Developer posted a net loss of $626m for the same period last year. Union Properties, a Dubai-based real estate developer, has said...

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