Dubai’s Emaar Properties reports 16% rise in profits

Boost comes on back of higher international sales, growth of malls and hospitality business. The Dubai-listed developer Emaar Properties reported a net profit...

Bahrain’s $650m Villamar project back on track after major delays

The mixed-use development was initially scheduled to complete in 2010. Gulf Holding Company (GHC), the developers of the long-delayed $650 million Villamar...

Union Properties starts work on third phase of Green Community in Dubai

Construction project will take the total number of residential units on the development to 1,765 . Union Properties has begun construction of...

Abu Dhabi to get 2,300 more hotel rooms this year, says JLL

The UAE capital saw a 20% increase in hotel guests in the first quarter of 2015, according to official figures. The Abu...

Abu Dhabi rent rises at two-year low, says CBRE

Luxury developments still in demand, despite overall rent increase of just 1.75% in second quarter, report shows. Abu Dhabi rents rose by...

Midday break: ‘No Dubai companies flouting law’

Nearly 10,000 surprise inspections were conducted on establishments in Deira and Bur Dubai between June 16 and July 23. No Dubai-based establishments...