Bahrain’s GFH Capital sells US property for $43m

Sale was completed through an open market bidding process. GFH Capital, a subsidiary of the Bahrain-based GFH Financial Group, has said that...

Dubai’s Drake & Scull appoints new chairman

Abdulla Atatreh named new chairman during the first meeting of newly-elected board members. Drake & Scull International, the Dubai-based engineering and construction...

Cityscape: MAG launches $1bn project in Dubai

Flagship project will be developed in the heart of Mohammed bin Rashid City. MAG Property Development (MAG PD), the real estate development...

Stromek Foundations to drive business transformation with ePROMIS ERP

Leading piling foundations and soil mechanics specialized contractor Stromek Foundations goes live on project-based ePROMIS ERP software. Supplied content Stromek Emirates Foundations...

Majid Al Futtaim in talks over ‘flagship’ Dubai project

MAF consulting with contractors; plans to unveil the masterplan in the first half of 2018. Majid Al Futtaim has announced plans to...

Phase one of Bahrain Water Garden City completed

Residents and restaurant operators expected to move in by the end of 2017. Phase one of the Water Garden City project in...

Six Construct wins contract for Masdar City project

Project involves 1.1 million sqft of gross floor area in Abu Dhabi’s sustainable city. Six Construct says it has won a contract...

Cityscape: Meraas plans second cruise terminal at Dubai Harbour

Dubai Harbour to serve 1.2m passengers annually when completed. Meraas has announced that Dubai Harbour will have a second cruise terminal in...

Dubai’s One Palm development tops out ahead of schedule

Developer Omniyat says the project will be completed in 2018. Omniyat, the Dubai-based developer, has announced that the build on its luxury...

Cityscape: Nakheel to launch Palm Jumeirah beachfront project

Palm Beach Residences among $1bn worth of projects being launched at Dubai show by developer. Nakheel, the Dubai-based property developer, has said...