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Nakheel releases tender for $182m RIU resort in Dubai
Deira Islands resort and water park is expected to be delivered in Q4 2019. Nakheel, the Dubai-based real estate developer, has released...
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RAK Properties reports 61% increase in revenues
Revenues of more than $31.2m recorded between January to March 2017. RAK Properties has reported revenues in excess of AED115m ($31.2m) for...
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Mideast construction disputes ‘being resolved more quickly’
Average length of time needed to resolve a dispute fell by 10%, says Arcadis. Middle East construction disputes are on the rise,...
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Dubai Properties awards $55m contract for Bellevue Towers
SEIDCO named primary contractor for the project, with work set to be completed by mid-2019. Real-estate master developer Dubai Properties (DP) has...
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Dubai’s Arabtec Construction appoints Boyd Merrett as CEO
Announcement follows the news that the wider group posted a profit for the first time since 2014. Arabtec Construction, part of the...
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Egypt Property Show 2017 highlights market growth
Country needs 500,000 new homes to be built annually for the next five years to meet demand, minister says. The Egypt Property...
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Aldar awards $462m Yas Acres contract
Trojan General Contracting to deliver 652 residences and other facilities for first three precincts in 32 months. Aldar Properties has awarded Trojan...
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Al-Futtaim Engineering wins Dubai AC deal
Contract to supply equipment across 60 villas at the high-end Jumeirah Hills, The Palaces project. Al-Futtaim Engineering’s air conditioning division has announced...
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Dubai’s Arabtec posts first profit since 2014
Contractor announces profit of $4.9m for the first quarter of 2017, with turnaround ‘in its infancy’. The Dubai-listed contractor Arabtec posted a...
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Honeywell highlights smart technology for mosques in Mideast
Company says technology will make mosques more energy efficient and sustainable. Honeywell showcased new technology destined for mosques in the Middle East,...
