Aldar unveils $2.72bn ambitious revamp to Alghadeer masterplan

Aldar has announced Alghadeer, a new $2.72bn masterplan that is said to incorporate the developer’s existing community of the same name. The...

Construction

Caesars Palace hotel to open at Meraas’ Bluewaters Island in Dubai late-2018

Meraas' Bluewaters Island is set to become home to a new Caesars Palace hotel after the developer and leisure and hospitality giant Caesars...

Construction

ARADA launches East Village in Sharjah’s Ajada to target young buyers

ARADA has launched the East Village within the framework of its Aljada megaproject. The developer says the buildings in the community will...

Construction

East Coast C&T wins contract to build Kalba Waterfront retail development

Developer Eagle Hills Sharjah has appointed East Coast Contracting and Trading as a contractor for its $44m Kalba Waterfront project. According to...

Infrastructure

Acwa Power signs EPC contract with Shanghai Electric for MBR Solar Park

Saudi Arabia’s Acwa Power and China’s Shanghai Electric have signed an engineering, procurement and construction (EPC) contract for the 700MW fourth phase...

Consultant

Deyaar reports $48m in revenues for Q1 2018

Deyaar Development, a Dubai-based property developer, has reported a year-on-year increase in revenues for the first quarter of 2018, amounting to $48...

Property

Dubai property sales prices will fall further, says property consultant

International property company Chestertons MENA claims the addition of new stock, tough macroeconomic conditions and moderate population growth will place further pressure...