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Dubai’s Union Properties launches Green Community phase III
Extension to take total number of units in the complex to 1,765. The Dubai-based Union Properties has announced the launch of the...
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Dubai’s Deyaar posts a 37% decline in Q3 net profit
Developer reports nine-month net profit of $51.7 million. The Dubai real estate developer Deyaar posted a lower net profit of $13.3 million...
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New UAE labour rules ‘to end disputes’ over unjust contracts
Issuing new work permits and contract renewals to require ‘clear signature’ of employee. New regulation to end labour disputes over “unjust” contracts...
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Two UAE quarries shut down for violating regulations
Ministry of Environment shuts down facilities in Fujairah and Ajman. Two quarries in the UAE have been shut down after authorities found...
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Saudi construction sector ‘to grow 7.8% by 2019’
Key growth drivers include an expanding population, religious tourism and demand for better infrastructure. Saudi Arabia’s construction sector maintains its position as...
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New Qatar construction specifications supported by ASTM product
ASTM standards used around the world cover areas like quality and safety. The Qatar Construction Specifications 2014 (QCS 2014) is set to...
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Dubai’s Nakheel reports 39% hike in net profit
Amount recorded in first nine months of the year almost equals entire net profit in 2014, developer says. The Dubai-based developer Nakheel...
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Abu Dhabi residential rents down 1% in Q3: CBRE
Older properties in secondary locations see bigger rental drops in the third quarter. Abu Dhabi residential rents saw a 1% decline in...
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National BIM standards needed in UAE, contractor says
Adoption of building information modelling is still low in the region, Brookfield Multiplex exec says. The UAE needs a national building information...
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Jumeirah Golf Estates awards contract for Alandalus project in Dubai
Al Habtoor STFA Soil Group bags piling contract for the upcoming development. Dubai developer Jumeirah Golf Estates has awarded the piling contract...
