Abu Dhabi rents fall amid economic uncertainty

Abu Dhabi rents fall amid economic uncertainty – report

Significant declines recorded in Q3 office, apartment and villa rents while residential sales prices fall marginally. Rental rates for apartments and villas...

UAE property portal expands annual brokerage awards

Six new categories introduced in third edition of propertyfinder’s Real Estate Brokerage Awards. Real estate portal Propertyfinder has announced the launch of...

EGA’s $3bn UAE alumina refinery reaches milestone

Al Taweelah alumina refinery is currently one of the largest industrial construction sites in the Emirates. Emirates Global Aluminium’s $3 billion Al...

Majid Al Futtaim to invest $70m in City Centre Sharjah

Work on expanding and refurbishing the mall expected to be complete by Q4 2017. Majid Al Futtaim, the shopping mall, retail and...

Six Flags ‘to open first Saudi theme park by 2021’

Entertainment giant’s expansion into the kingdom will probably include three parks - report. Six Flags Entertainment plans to open its first theme...

Saudi cement sales down 7%, inventories on rise

Inventories continued to rise with a 16.4 per cent year-on-year growth. Total cement sales in Saudi Arabia fell 6.8 per cent year-on-year...

UDC inks $196m Pearl Qatar project deals

United Development Company announces three projects including the Al Mutahidah Towers. United Development Company (UDC) has announced the signing of three contracts,...

First Group breaks ground on Dubai hotel project

Indian Test cricket legend Sunil Gavaskar attends ceremony at site of Millennium Place JVT Dubai. The First Group held the ground-breaking ceremony...