Union Properties reaches agreement with Emirates NBD over restructure of $258mn debt

Developer says that the agreement with Emirates NBD, which is its main creditor, will substantially improve the debt profile of the group....

HKA acquires leading UK construction dispute specialist Probyn Miers

Consultancy and advisory firm HKA acquires Probyn Miers, one of the UK's foremost firms of experts in construction dispute avoidance and resolution....

ICD Brookfield Place awarded LEED Platinum rating

53 storey tower, 1.5 million sqft mixed-use development awarded rating for sustainability and green building initiatives. ICD Brookfield Place, the Dubai-based premier...

Egypt’s Elsewedy Electric agrees EPC deal to build $38.6mn energy project in DR Congo

Elsewedy Electric set to build 220-15/6.6kV high voltage distribution substation in the city of Kasumbalesa. Elsewedy Electric, an integrated energy and infrastructure...

RAK AMI Hotel passes 40% milestone on Mövenpick Resort Al Marjan Island project

The resort is scheduled for completion in September 2021 and is progressing as per schedule, despite the challenges posed by the COVID-19...

Union Properties completes strategic blueprint to launch new mixed-use development in Motor City

Motor City Hills development will feature a total of 195 residential villas, 490 townhouses and six commercial properties. Union Properties, the main...