All posts tagged "the big picture"
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PropertyNakheel approves ‘floating islands’ project at The World in Dubai
Dubai’s Nakheel has given the green light for a development of 33 luxury floating private islands on its The World project, according...
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PropertyDubai’s DIFC plans to triple in size by 2024
The Dubai International Financial Centre (DIFC) is set to triple in size over the next decade, as it looks to increase office space...
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ConstructionEgypt sees ‘complications’ in $45bn plan for new capital city
An ambitious plan to build a $45 billion administrative capital city in Egypt has hit stumbling blocks, a senior official has said.Mustafa...
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InfrastructureUAE theme parks to attract 18m visitors by 2021, PwC says
The UAE can expect to welcome 18 million visitors to its theme parks by 2021, according to a new report by PricewaterhouseCoopers...
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PropertyHilton, UAE’s Wasl to open two mid-market hotels in Dubai
Hilton Worldwide and UAE-based Wasl Hospitality and Leisure have announced agreements to open two more mid-market hotels in Dubai – the Hampton...
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ConstructionDubai’s Damac Properties awards $760m contracts so far in 2015
Dubai’s Damac Properties says the value of contracts it has awarded so far this year has exceeded $760m, despite a slowdown in...
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PropertyBayti Homes project in Ras Al Khaimah, UAE nears completion
Al Hamra Real Estate Development (AHRED) has announced that its AED250 million ($68 million) Bayti Homes residential project at Al Hamra Village...
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ConstructionHalf a million Dubai workers subject to midday break
The UAE’s ‘midday break’ rule will see an estimated 500,000 Dubai construction workers down tools during the hottest part of the day...
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ConstructionChinese construction firm ‘eyes $3bn Balfour Beatty takeover’
A Chinese construction firm is examining a $3 billion takeover of Balfour Beatty, the UK’s biggest contractor, according to press reports.China Civil...
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ConstructionSaudi contractors claim summer work ban adds 8-10% to project costs
Saudi Arabian contractors have said that the Ministry of Labour’s decision to ban employees from working during peak daytime summer temperatures will...