Louvre Abu Dhabi handover ‘in mid-2016’

Former French President Nicolas Sarkozy tours site. The Louvre Abu Dhabi will be handed over by the middle of the year, officials...

Saudi ‘to invest over $100bn in renewable energy’

Kingdom’s energy demand expected to grow to 100 GW in 2040. Saudi Arabia plans to spend over $100 billion in renewable energy...

Dubai fire prompts UAE-wide building inspections

Cladding at Address hotel ‘did not follow specifications’, official says. The major blaze at The Address Downtown hotel in Dubai on New...

DWTC breaks ground on $196m phase two of Dubai Trade Centre District

Works to include two Grade A office buildings. Dubai World Trade Centre (DWTC) says it has broken ground on the $196 million...

Macro awarded Dubai Trade Centre District contract

Facilities management company lands deal covering first building at mixed-use development. Macro has been appointed by the Dubai World Trade Centre to...

Lack of liquidity ‘biggest threat to Dubai real estate’ in 2016

Recovery of market could be delayed further, says Phidar Advisory. A lack of liquidity for investors will be the biggest threat to...

Oman floats tender for mammoth fishery harbour project

Investment in the project and infrastructure estimated at $260m. Oman has floated tenders for the construction of its largest fishery harbour project...

Abu Dhabi’s $1bn Reem Mall gets final approvals

Urban Planning Council grants project detailed planning approval. The upcoming Reem Mall in Abu Dhabi has been granted detailed planning approval by...

China’s CSCEC wins contract for Indigo Zen development in Dubai

Contractor has started work on four show villas. Indigo Properties, the Dubai-based property developer, has announced that the China State Construction Engineering...