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Rents remain unchanged in Dubai’s prime areas – Chestertons
About 3,000 units are expected to enter the market this year . Rents for the majority of apartments in prime areas of...
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Interpipe registers trademark in UAE to combat counterfeiting
Fake products a significant challenge in region, Ukrainian company says. The Ukrainian steel-pipe manufacturer Interpipe has officially registered its trademark with the...
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Crystal Lagoons lands two contracts in Egypt
Developer to develop North Africa’s largest crystalline lagoon. Crystal Lagoons has landed two contracts in Egypt, including a deal to develop North...
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Mediclinic breaks ground on Parkview Hospital in Dubai
Project is expected to be completed in 2018. Healthcare chain Mediclinic Middle East has announced that it has broken ground on its...
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Dubai Holding opens 246-acre Kochi Smart City in India
Project expected to create over 90,000 jobs by 2020. Dubai Holding has opened the Kochi Smart City project in the Indian state...
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Dubai Properties unveils ‘affordable’ Serena project
Residential development in Dubailand to span 8.2 million square feet. The UAE-based developer Dubai Properties has unveiled an 8.2 million sq ft...
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Sweett Group ordered to pay $3.2m over UAE bribery offence
Firm was subject to UK Serious Fraud Office investigation. The construction services firm Sweett Group has been ordered to pay £2.25 million...
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Arabtec shares up 8% in Dubai despite 2015 loss
Investors bet the worst is over as builder reports $626m loss. Arabtec shares on Sunday rallied by more than 8%, as investors...
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Damac unveils $2bn Aykon City at Dubai Canal
Construction of six-tower project due to commence before summer. Damac has unveiled details of a $2 billion development overlooking the Dubai Water...
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Damac pays $343m for Dubai Water Canal land plots
Plots add 4 million square feet to developer’s land bank. Developer Damac has paid AED 1.26 billion ($343 million) for plots of...
