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Fujairah signs deal for Smart Logistics City
The start of the project’s first phase is planned for the end of 2018. The Government of Fujairah has signed a partnership...
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UAE to exempt residential property from VAT
Ministry of Finance adds that supplies of commercial properties will still be taxable. The UAE government has decided to exempt residential property,...
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ADIB reinstalls cladding on new Abu Dhabi HQ
Move to replace exterior cladding panels comes as scrutiny grows over tower facade standards. Abu Dhabi Islamic Bank (ADIB) has said that...
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Abu Dhabi’s Aldar says project portfolio is on track
Abu Dhabi-based developer provides progress updates on projects as Ansam project nears handover. Aldar Properties, the Abu Dhabi-based listed property development, investment...
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Dubai land prices ‘rise by 13% in 2017’
Rise in first six months of year was not matched by similar increase in house prices. Land prices in Dubai freehold zones...
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Damac chairman discusses Croatian investment opportunities
Hussain Sajwani meets with Croatian president during visit to Zagreb. Hussain Sajwani, the chairman of Dubai’s Damac International, has discussed tourism investment...
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Property transactions in Dubai ‘decline by 23%’
Chestertons says seasonal decline in second quarter offset positive trend of Q1. The total number of residential transactions in Dubai during the...
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Ain Dubai wheel rim installation passes halfway mark
Five of eight 107-metre sections of wheel rim have been installed, developer Meraas says. Meraas, the Dubai-based real estate developer, has announced...
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Carillion to exit three Mideast markets as CEO steps down
UK contractor to exit Saudi Arabia, Egypt and Qatar. The UK contractor Carillion has said it is pulling out of Saudi Arabia,...
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Dubai Ribbon of Light project ‘more than 50% complete’
Two-tower residential project designed by ARACO is being built in Dubai Silicon Oasis. Ribbon of Light, the two-tower residential project being constructed...
