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Arabtec shares up 14% as ex-CEO said to boost stake
Shares in Dubai-listed builder rally on news Hasan Ismaik is buying. Arabtec shares rose by more than 14% on Monday amid unconfirmed...
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Damac sees ‘unprecedented demand’ for Aykon City project in Dubai
‘Significant number’ of units sold at $2bn Dubai Water Canal project. Damac reports “unprecedented demand” for the initial release of units at its Aykon...
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UAE construction safety experts call for more information sharing
Sharing of HSE data can help prevent onsite accidents, experts say. Health and safety experts have called for greater information sharing within...
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Deal reached over Saudi Binladin staff payments – report
As many as 2,000 staff allegedly had salaries delayed for up to four months. An agreement has been reached over alleged salary...
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Sandan Industrial Park launched in Oman
The $260m project is expected to complete by mid-2018. The Oman-based Sandan Development has announced the official launch of its 250,000 sqm...
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Revealed: Top 5 destinations for UAE property investors
The US is among the hotspots, says YouGov survey. The US, UK, Australia, Singapore and Germany are the top five destinations for...
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Dubai’s Nakheel inks deal for second hotel at Ibn Battuta Mall
Signs with Thailand’s Minor Hotel Group for 372-room property. Dubai developer Nakheel has inked a management agreement with Thailand’s Minor Hotel Group...
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Site visit: Alef Residences, Dubai
Al Sharq Investment’s first high-end luxury residential project. Dubai has always been a city enamoured with the concept of exclusive luxury. Having...
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Dubai Airports opens Concourse D extension
Part of $1.2bn investment to boost capacity to 90 million passengers a year. The Concourse D extension of Dubai International Airport opened on...
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Renewable energy: The world needs a big change
We need to prepare clients for the challenges ahead, writes Barny Evans. Our energy systems are in the foothills of a revolution...
