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Emaar to build new tower at Dubai Creek
Sheikh Mohammed gives green light to project. Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister and ruler of Dubai,...
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Dubai’s Nakheel says 2015 profit rose 19%
Company handed over 847 units during the financial year. The Dubai-based developer Nakheel has announced a 19% increase in its net profit...
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Half of Dubai 2015 property projects delayed: ValuStrat
Prices stopped falling in Q4 and may plateau in 2016. Half of the Dubai residential property projects due to complete in 2015...
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Big Project ME – February 2016
Big Project ME, your one-stop guide to construction developments in the region, The Big Project.. http://issuu.com/thebigprojectme/docs/bigproject_february_2016
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Dubai’s Danube Properties sells 85% of Ritz units
Studios with modular furniture priced from $117,000. The Dubai-based developer Danube Properties has announced it has sold 85% of its latest Dh300...
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Egypt’s Sisi calls on Russia to execute agreed projects
Remarks made during meeting with Russian Trade Minister. Egyptian President Abdel Fattah el-Sisi has called on Russia to execute the agreed upon...
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Oman to speed up licenses for strategic projects
Scheme targeted at investments in excess of $25 million. Oman’s Ministry of Commerce and Industry has set up a separate office to...
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‘Considerable progress’ in working conditions on Abu Dhabi’s Saadiyat Island – PwC
Report includes interviews with 880 workers. An independent report into employment practices on Saadiyat Island in Abu Dhabi has indicated ‘considerable progress’...
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Dubai a ‘buyer’s market’ for land deals, says Select Group CEO
Real estate slowdown means it’s a great time to invest, says developer. The slowing Dubai real estate market provides opportunities for canny...
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Nakheel awards $381m Dubai Palm Gateway contract
Ssangyong, China State to build mixed-used high-rise project. The developer Nakheel has awarded a construction contract worth $381 million for The Palm...
