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Qatar’s Barwa Real Estate sees Q2 profit nearly treble
Developer made $151.1 million in the second quarter – report. Qatar’s Barwa Real Estate almost trebled its profits during the second quarter...
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Farnek wins MEP contract for IMG Worlds of Adventure
Dubai indoor theme park, which is set to open next month, has a daily capacity of 30,000 people and spans 1.5 million...
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UAE’s Lulu Group opens first hypermarket in Malaysia
Company also plans to open a central logistics and warehousing facility following Kuala Lumpur launch. The UAE-based Lulu Group has announced the...
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Saudi Arabia ‘plans countrywide gas pipeline network’
Kingdom’s Shura council to decide on public-private project this month – report. Saudi Arabia is planning to build a pipeline network across...
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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...
