Consultants eye Iran construction market as nuclear talks intensify

Chief executive of Hill International said his consultancy is ‘ideally positioned to enter Iranian market’. International consultancies are making plans to target Iran’s...

Dubai property market near bottom of world ranking as prices fall 6.1%

Emirate placed 53rd among 56 countries ranked by Knight Frank’s Global House Price Index. Dubai property prices were down by 6.1% in the...

Nakheel approves ‘floating islands’ project at The World in Dubai

Kuwait’s Oqyana Real Estate, Dutch Docklands to develop 33 luxury private islands in the shape of Australasia. Dubai’s Nakheel has given the...

Dubai’s DIFC plans to triple in size by 2024

Dubai International Financial Centre says it will increase office space to 511,000sqm to support expansion. The Dubai International Financial Centre (DIFC) is...

Egypt sees ‘complications’ in $45bn plan for new capital city

Contract negotiations with Capital City Partners, led by UAE’s Mohamed Alabbar, are still ongoing, according to Egypt's housing minister. An ambitious plan...

UAE theme parks to attract 18m visitors by 2021, PwC says

The UAE already rivals Orlando in the scale of transport links, hospitality and food & beverage sectors, report finds. The UAE can...

Hilton, UAE’s Wasl to open two mid-market hotels in Dubai

Signing follows the Middle East debut of the Hampton by Hilton brand. Hilton Worldwide and UAE-based Wasl Hospitality and Leisure have announced...

Dubai’s Damac Properties awards $760m contracts so far in 2015

Contracts awarded by the developer in first five months of year include construction of three hotel-apartment towers. Dubai’s Damac Properties says the...