Dubai’s Emaar Malls reports 37% jump in net profit

Emaar Properties shopping-mall subsidiary records $230m profit for first half of the year. Emaar Malls, the Dubai property giant's malls and retail...

Atkins’ Middle East boss calls for more onsite engagement on safety

Simon Moon says greater education on construction sites is necessary to meet health and safety standards. The Middle East construction industry needs...

Sharjah, Ajman rents drop 3% amid ‘reverse relocation’ to Dubai

Residential properties in Sharjah also struggle to attract buyers, real-estate firm Asteco finds. Sharjah’s property market has been feeling the pinch of “reverse...

R Hotels plans $41m property in Ajman, UAE

Upcoming hotel, located beside the Ramada Beach Hotel Ajman, is set for completion in early 2017. R Hotels has announced plans for...

SPF Realty to sell townhouses at project in MBR City, Dubai

Ground-breaking on the Jade at The Fields development is expected in the first half of 2016. Property broker SPF Realty has been appointed...

Worker killed at Louvre Abu Dhabi construction site, TDIC says

The death, in June, is the first such incident reported on the project, says Tourism Development & Investment Company. A worker has...

Dubai’s Damac launches Aykon tower in London; units start at $1m

The 50-storey development, set to feature interiors by Versace Home, is Damac’s first outside the Middle East. Damac Properties on Monday launched...

Qatar shuts 42 work sites for midday break violations

Companies required to stop outdoor work from 11.30am to 3pm to protect staff from summer heat. Qatar has shut 42 sites found...

UK property firm Chestertons launches in Saudi Arabia

Chestertons Saudi Arabia will offer valuation and consultancy services in the Kingdom. UK property firm Chestertons has launched in Saudi Arabia through...