Magazines
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Dubai Taxi Corporation fleet to grow by 2,000 under 5-year RTA plan
Roads and Transport Authority fleet expansion plan also covers limousines and school bus sectors. Dubai Taxi Corporation’s (DTC) fleet is set for...
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UK property inquiries from GCC ‘up 25% after Brexit’
DTZ reveals 24% fall in cost of buying real estate for overseas buyers thanks to currency moves and price drop – report....
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Dubai-listed Damac Properties reports 37% fall in Q2 profits
Second-quarter revenues also dropped by 24% to $462.8m. The Dubai-listed developer Damac Properties has reported a 37% slide in second-quarter profits compared...
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Qatar’s PEO plans to open three expat hospitals by 2017
Each of these new hospitals will be equipped with 120 beds and will be dedicated to treating single expatriate workers. The state-owned...
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Dubai’s Arabtec reduces losses by 74%
Builder reports lower second-quarter loss of $50 million after a raft of new project wins. The Dubai-listed builder Arabtec has reported a...
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Abu Dhabi’s Bloom appoints contractor for Saadiyat project
Main works on Park View mixed-use development awarded to Tharwaa / Al Mansouri 3B joint venture. The Abu Dhabi-based Bloom Properties says...
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Arab Contractors turnover ‘hits $2bn’ on new Egypt deals
Works at proposed new capital city and other developments boost business after decline last year – report. Egyptian construction firm Arab Contractors...
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Rasameel Investment to buy Dubai labour housing complex
Company expects annual return of 12% from $24m purchase of 6,000 sqm property in Muhaisnah area. Dubai-based Rasameel Investment House (RIH) says...
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Dutch developer plans floating residences in Dubai
New Living on Water says it will generate $100m in sales per year with floating residences. A Dutch developer has said that...
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The right fit-out: Inside the boom in Gulf interior contracting
The GCC market for interior contracting and fit-outs hit an estimated $7 billion last year. The GCC market for interior contracting and...