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Dubai markets: Emaar and Damac shares fall further
Further declines for real estate stocks as Dubai Financial Market index drops 1.44%. Some of the UAE’s biggest real-estate companies saw continued...
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Bentley to furnish Sweden Island villas at The World, Dubai
Car brand’s interiors division to kit out exclusive villas on The Heart of Europe manmade islands. The iconic car brand Bentley has...
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Emaar, Damac and Arabtec shares hit hard as Dubai market falls 6%
Real-estate stocks plummet as further weakness in oil prices hits UAE markets. Shares in some of the UAE's biggest real estate and...
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‘Dubai South’ rebrand for planned 145 sq km airport city
New name given to Dubai World Central megaproject, which will eventually house a million people and generate 500,000 jobs. Dubai World Central,...
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Dubai’s Arabtec denies withdrawing from $40bn Egypt housing project
Builder says it is still discussing terms with officials; shares in the Dubai firm fall by almost 4%. The Dubai-listed builder Arabtec...
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Make it snappy… Work on Dubai’s $6m crocodile park to take 14 months
Construction expected to start in September following the appointment of a contractor. Construction of Dubai’s first crocodile park is scheduled to be...
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Qatar ‘postpones launch of wage protection system’
Online system for migrant workers, many of whom are employed on World Cup 2022 projects, is postponed to November 2. Qatar has...
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Indian PM Modi visits labour camp in Abu Dhabi
Prime minister’s visit seen as putting a spotlight on welfare of migrant workers in the Arabian Gulf. Indian Prime Minister Narendra Modi...
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Abu Dhabi approves 26 major projects in second quarter
Total floor area of developments given green light triples to 2.3 million square metres, Abu Dhabi Urban Planning Council says. Abu Dhabi...
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Dubai ‘launches design competition for Asian Cup stadium’
Roads and Transport Authority reportedly given the remit to build the 60,000-seat stadium. Dubai has launched a competition to design a 60,000-seat...
