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Abu Dhabi new property supply ‘at 7-year low’
Slowdown in new supply to ‘counter some of the downward pressure on rents’ – Abu Dhabi Islamic Bank report. Delivery of new...
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Number of Jeddah hotel rooms to double by 2018 – JLL
Forecast increase is due to the addition of a number of major hospitality projects that are in the pipeline. The number of...
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Dubai’s DWTC launches One Central branding programme
Branding agency MBLM creates visual narrative with interactive multimedia installation and website. Dubai World Trade Centre (DWTC) has launched a real estate...
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1km high Jeddah Tower ‘delayed by a year’
Jeddah Economic Company exec says project delayed following funding issues with contractor Saudi Binladin Group – report. The developer behind the 1km-high...
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Sharjah Holding awards contract for housing at Al Zahia
Al Qabdah Building Contracting clinches deal to build first stage of Al Narjis neighbourhood. Sharjah Holding has awarded Al Qabdah Building Contracting...
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Marina works start at Hidd Al Saadiyat in Abu Dhabi
Ghantoot Group appointed to build 110-berth private marina at luxury villa development on Saadiyat Island. Construction of a 110-berth private marina has...
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Dubai-listed DSI posts 61% fall in Q1 net profit
Contractor made a net profit of just $2.67 million in the three months to March 31, 2016. Drake and Scull International (DSI),...
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Masterplan for Sharjah’s Tilal City includes six mosques
The $653m mixed-use development is to comprise of 1,855 land plots available to buy or lease by UAE residents and GCC nationals....
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Sharjah ‘curbs cladding use’ pending new UAE fire safety code
Committee from Civil Defence and other government departments has been formed to look into the issue - report. Sharjah Civil Defence has...
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Arabtec shares down 4.6% after Q1 loss
Dubai-listed builder made a net loss of $12.6 million in the first three months of the year. Shares in Arabtec today fell...
