Dubai’s Nakheel says six-month net profit up 53%

Developer reports $770m profit during first half of 2015 amid ongoing handover of properties. The Dubai developer Nakheel says it made a...

Value of Dubai property deals up by 15% in first half of 2015

Real-estate transactions worth $35.1bn mark growth on first six months of last year, Dubai Land Department figures show. The total value of...

UAE’s LuLu to convert London’s Scotland Yard into luxury hotel

Old police headquarters was once the centre of investigations into famous crimes including the ‘Jack the Ripper’ case. The Abu Dhabi-based LuLu...

India’s Tata Housing opens Dubai office

Non-resident Indians currently contribute 15-20% of the real estate developer’s total sales. Indian real estate developer Tata Housing has opened an office...

Egypt’s New Suez Canal project work complete, UAE firm says

Successful trial runs of $1.5bn waterway expansion held ahead of official inauguration on August 6. Works on the $1.5 billion New Suez...

Carillion completes lift of 650tn roof truss over Liverpool FC’s Anfield Stadium

Milestone reached in redevelopment plan for famous football stadium in the UK. Carillion, the UK-based contractor, has lifted a 650-tonne roof truss...

Habtoor Leighton wins $71.6m contract for Abu Dhabi’s Kizad

Work on infrastructure project begins this month and is set for completion in March 2017. Habtoor Leighton Group (HLG) has been awarded...

Will technology help us live underground?

David Sammons on the benefits of underground environments. A 40°C Dubai summer is a far cry from the minus 30°C winter of...

10 steps to BIM: How AEC firms can prepare for coming mandates

Autodesk's Louay Dahmash on how to successfully adopt BIM. Over the last decade, Building Information Modelling (BIM) has transformed design and construction...