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Dubai’s Emaar Malls posts 32% increase in Q1 net profit
Retail and malls arm of the Dubai real-estate giant says it made $117.8 million in first three months of the year. Emaar...
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Slow killers take most lives in construction, IOSH says
Hazards like dust and diesel fumes present bigger risk than working at height, says Institution of Occupational Safety and Health. Long-term health hazards...
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Kier set to buy Mouchel in $408m cash deal
Acquisition of the international infrastructure and business group is expected to be completed by June 2015. Mouchel, the international infrastructure and business...
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Dubai developer Nakheel’s profits double in Q1 2015
Developer behind the Palm Jumeirah manmade island reports net profit of $367.5m for first quarter. Dubai’s Nakheel has reported a net profit...
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Qatar’s Barwa posts $879m net profit for Q1 2015
The real-estate developer sees massive jump on $72.8m profit reported in 2014. Barwa Real Estate, one of the largest listed developers on...
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Structural works completed at The Onyx project in Dubai
Construction of mixed-use development on Sheikh Zayed Road to be finished by end of year, contractor ASGC says. Al Shafar General Contracting (ASGC),...
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In Focus: Abu Dhabi property market
Retail and tourism are on a high, but oil prices and housing affordability remain key concerns. Playing host to major global events...
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‘Strong demand’ for cheap Dubai homes as property prices drop
There is ‘pent-up demand’ for affordable homes in the emirate, says Asteco report. There is ‘strong demand’ for affordable homes in Dubai as...
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Saudi Arabia building collapse kills at least seven workers
Another six construction workers were injured and two are still missing, civil defence authorities say. The collapse of a roof at a...
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Meraas to develop Bulgari-branded homes in Dubai
Residential units on Jumeirah Bay Island to go on sale soon, Bulgari and Meraas executives say. The Dubai developer Meraas plans to build...
