Confidence returning to Dubai’s real estate market, says Chestertons

Q4 apartment and villa sales prices down 2% and 3% respectively; rental rates Q-on-Q point towards stabilising prices. Dubai’s real estate market...

Chile ramps up Expo 2020 Dubai preparations

South American country's 700sqm pavilion to showcase key themes of sustainability, diversity, tradition and progress. The Republic of Chile has announced that...

Metito wins 55 MW solar power plant project in Bangladesh – Exclusive interview

Metito MD tells MECN that they were able to achieve the lowest tariff ever reported in Bangladesh on the project. Metito Group...

Nakheel’s Ali Rashid Lootah resigns and moves to Dubai World

Departing chairman thanked as HE Mohammed Ibrahim Al-Shaibani takes lead of expanded seven-member board. Nakheel has announced changes to its board following...

5yr visas to add stability to UAE real estate, says Lootah Real Estate Development CEO

The outcome of a new visa policy will add stability to the UAE’s real estate market, a senior official of one of...

CGC unit wins Abu Dhabi School project

Project is to be completed in 600 days . Combined Group Contracting (CGC) has won a contract to establish Phase 8 package...

ADNOC, Eni sign MoU on carbon capture utilisation and R&D

ADNOC’s commercial scale facility for carbon capture utilisation and storage was set-up in 2016. ADNOC has announced that it has signed a...

JLL announces Dana Salbak as new head of research for MENA

Salbak rejoined JLL in Q4 2014 as an associate . Dana Salbak has been announced as the head of research for the...

ADFD signs agreement for $20m contribution to Arab Gulf Programme for Development

Contribution will fund strategic development efforts in key socio-economic sectors. The Abu Dhabi Fund for Development (ADFD), the national entity for economic...