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...

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...

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...

Milestone Properties to showcase their new project at Gulf Property Show

Mixed-use project, Sazlibosna is located on the European side of Istanbul. Milestone Properties will be launching an exclusive promotion to showcase their...

The Big 5 Solar: Bringing Solar to Dubai’s $279.4bn urban sector

The Big 5 Solar will display the latest solar technology from top brands. Supplied Content After a successful launch edition in 2017,...

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...

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...

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...

Bahrain’s KFCA invites bids for transitional phase of $4bn King Hamad Causeway

Qualified transaction advisory services consultancies asked to submit bids for 25-km long strategic highway. Bahrain’s King Fahd Causeway Authority (KFCA) has said...

Ajman City Centre undergoes $163mn refurbishment

The shopping mall now has a 900-seater food court. Majid Al Futtaim (MAF), has recently announced that it has completed a $163...

Construction