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Dubai Properties Group CEO resigns – report
Abdullatif AlMulla reportedly resigned in late June. Abdullatif AlMulla, the group chief executive of Dubai Properties Group, has resigned from his position,...
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Damac prices new Dubai Akoya villas at $326k+
Developer to sell three-bedroom villas at new Akoya Imagine cluster under three-year payment plans. The Dubai-listed Damac has launched a new cluster...
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Big Project ME – July 2016
Big Project ME, your one-stop guide to construction developments in the region, The Big Project..
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UAE’s Al Najibi to build $296m resort in Australia
Hospitality project in Queensland to feature waterpark, Olympic-standard training centre and four-star hotel. The UAE-based Al Najibi Group has announced it will...
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Emaar, Arabtec shares fall in Dubai amid Brexit turmoil
Shares in the property and construction firms hit hard as Dubai Financial Market sees overall decline. Shares in Emaar Properties and builder...
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Damac awards $817m in contracts during H1
Dubai developer awards 25 construction and consultancy contracts for projects including Akoya Oxygen. Damac Properties says it awarded 25 construction and consultancy...
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Brexit vote hits UK house builders’ shares
Developers' shares see biggest drops on FTSE 100 index after Britain votes to leave the European Union. Shares in UK house builders...
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Muscat property prices hit by economic slowdown
Chairman of the Oman Real Estate Association says economic situation had a negative impact. The chairman of the Oman Real Estate Association...
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UK construction costs ‘could rise 15% if Brexit happens’
Leading London homebuilder predicts gloomy outlook if EU exit vote goes through. The United Kingdom could see a 15% rise in construction...
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Saudi land tax ‘to cut prices by up to 40%’
Tax on vacant plots in urban areas will spur development and help lower land and property prices – report. The new tax...
