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Tender prices ‘to stay flat’ in UAE, Muscat
Markets are among just three globally where tender prices will not increase this year, according to Turner & Townsend. The UAE and...
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Property prices rise in ‘affordable’ Dubai areas
The market is showing signs of bottoming out after a 17% decline in transaction levels, says Asteco. Property prices and sales transactions...
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Dubai property prices ‘down 7.5% on last year’
April saw a month-on-month drop in property sale prices in both Dubai and Abu Dhabi, according to Reidin. The UAE’s two key...
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Dubai Properties set to launch Bellevue Towers unit sales
Sale of two-tower project, close to Dubai Properties’ Marasi Business Bay development, to open to investors on June 4. Dubai Properties (DP)...
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Deloitte: GCC projects worth $2tn in pipeline
Region continues to be “an attractive market” despite the forecast 17% decline in contract awards this year. Projects worth $2 trillion are...
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Kuwait awards $4.3bn airport contract
Turkey’s Limak Group and its local agent officially awarded deal to build new terminal. Turkey’s Limak Group has scooped a contract to...
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Egypt’s Orascom Construction returns to profit
Cairo and Dubai-listed group posts $23m net profit in first quarter. Egypt’s Orascom Construction has reversed its loss-making run, having reported $23...
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Italy’s FILA showcases technologies at Mideast Stone Show
The region is an important market for FILA as it is a gateway to markets like India and Indonesia. Italian surface solutions...
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Plans for $272m Dubai Canal project unveiled
Marasi Business Bay development, launched by Dubai Properties Group, is set for completion by 2023. Plans for a project worth more than...
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World’s ‘first 3D-printed office’ opens in Dubai
Building next to Emirates Towers in Dubai took 17 days to ‘print’, and was installed on site within two days. The “first...
