Dubai property market slowdown a ‘positive trend’, say experts

Market correction is due to tighter regulation and not the oil-price slump, claim consultants and developers. The slowdown in Dubai’s real estate sector...

Dubai government to launch app for real estate project owners

DEWA, RTA, Dubai Municipality and the Mohammed bin Rashid Housing Establishment to jointly launch the TM app next month. A team of...

Hacking scam alert after fraudsters target Dubai construction firm

Construction Machinery Centre boss describes attempted online fraud after customer’s email account was infiltrated. A Dubai-based machinery company has warned of a...

Abu Dhabi floats tender for upgrading Sharia Park

Abu Dhabi Municipality calls on firms to submit bids by September 29. The Abu Dhabi City Municipality has released a tender for...

Langham and Omniyat partner for $273m hotel near Dubai’s Burj Khalifa

Construction of five-star hotel and serviced apartments set to complete in 2018. The Langham Hospitality Group and developer Omniyat plan to build...

Madinat Jumeirah set to open UAE’s biggest hotel events space

The Dubai resort’s expanded Fort Island area, which will be large enough to hold 1400 people, is set for completion in October....

Work on Qatar 2022 World Cup semis venue to kick off next month

Accommodation for 2,700 workers is being built at site of the Al Bayt Stadium, ahead of main contractor commencing work. The main...

Saudi Arabia’s Namariq to build $40m labour camp at KAEC

The 104,000sqm camp will be able to house over 4,000 labourers working in King Abdullah Economic City. A SR150 million ($40m) residential...

Turkish property market ‘sees rising interest from Gulf investors’

Gulf nationals spent $4.3 billion in Turkey’s real-estate sector last year, according to a report released ahead of Cityscape Global. Turkey’s real-estate...