Deyaar Development announces financial results for Q1 2019

Developer reports revenues of $47.8mn and net profit of $4.98mn. Deyaar Development, a leading Dubai-based property developer and real estate service provider,...

Masaood Developments launches waterfront apartment complex

Azure Al Reem ‘easy to own payment plan’ will encourage young professionals to buy Abu Dhabi real estate, says Masaood . Masaood...

Emaar to develop $6.8bn Mina Rashid project with P&O Marinas

Project will celebrate Dubai’s maritime heritage and create a ‘future-ready’ lifestyle address, developer says. Emaar, the UAE-based master developer, has announced that...

A $13.6bn record-breaking solar park rises from Dubai desert – A CNN special report

Under the Arabian sun, a monumental construction effort is making headway. Located deep within Dubai’s desert interior, the Mohammed Bin Rashid Al...

Wood secures contract to build new SABIC research centre

Facility will take shape on the east coast of Saudi Arabia, in Jubail Industrial City. Wood has been appointed to deliver the...

DEWA completes expansion of M-Station power and desalination plant

Expansion project adds 700MW of power production capacity and makes plant largest power and desalination facility in the UAE. DEWA has announced...

Siemens signs $784mn roadmap with Iraq

The roadmap focuses on energy, education, compliance and financing, and aims to advance sustainable economic development for the people of Iraq. The...

UDrive secures $5mn funding for growth

Pay-per-minute car rental service attracts private, commercial and institutional investors in second round of funding. Udrive says it will use a $5...