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Abu Dhabi: Aldar awards $136m Mayan contract
Ghantoot General Construction lands deal to build development on Yas Island. Aldar Properties, the Abu Dhabi-listed developer, has awarded the main contract...
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Tapping into the GCC’s water demand
Big Project ME catches up with executives of Almar Water Solutions and Abdul Latif Jameel Energy to find out how the region’s...
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Project profile: The Sustainable City, Dubai
The Diamond Developers mixed-use residential project shows the way towards a greener future. In the last two or three years, Dubai has...
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Drake & Scull breaches covenants on sukuk, bank loan facilities
Dubai-listed contractor in talks with lenders to find new solutions on the debt facilities in question. Drake & Scull (DSI), the Dubai-based...
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Sobha: 70% of phase 1 and 2 of Hartland project in Dubai sold
Construction of Buildings 1 and 4 at Hartland Greens Phase 1 in Dubai expected to be completed within nine months. Sobha Group,...
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VAT ‘could impact cash flows for GCC construction firms’
Proposed new law will not subject sale of new real estate units to taxation – report. Although the sale of new real...
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Dubai Properties launches Mudon Views project
First phase includes one, two and three bedroom apartments in two buildings. Dubai Properties (DP) has announced the launch of an apartment...
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Dubai Motorsport Business Park ‘due for completion in Dec.’
6,000 square metre project developed by Union Properties and Multilink Contracting. Motorsport Business Park, a new hub for the industry in the...
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Kuwait’s Alargan reports revenues of $88.4m for 2016
Real estate firm says increase in operational earnings was driven by strong residential unit sales and other factors. Alargan, the Kuwaiti real...
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Dubai: Pile foundations complete at The Tower
Several dedicated teams onsite to accelerate development work for Dubai Creek Harbour project. Emaar Properties, the Dubai-based real estate developer, has announced...
