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Emaar Misr looks to raise $367m in shares on Egypt exchange
Subsidiary of Dubai’s Emaar Properties said it would price the shares at 4.70 Egyptian pounds each. Emaar Misr, the Egypt-based subsidiary of...
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Dubai working to attract tourists as Russian visitors decline 23.5%
Slump in the rouble has led to falling visitor numbers from Russia. Dubai is stepping up tourism efforts and introducing new flights...
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Nepal quake: Plan to use old tyres to better protect buildings
Academic says a new technique using waste tyres can provide a cost-effective way of protecting buildings during an earthquake. A professor on...
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Drake & Scull bags $79m contract for Downtown Dubai project
Engineering arm of Dubai-listed firm to undertake mechanical, electrical, and plumbing works on upcoming mixed-use development. Drake & Scull Engineering (DSE) has...
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Dubai’s Emaar Properties reports 7% rise in profit
Developer of the Burj Khalifa skyscraper sold $672m in property in its home market during the first quarter. Dubai’s Emaar Properties has reported...
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Chinese construction firm builds 57-storey skyscraper… in 19 days
Broad Sustainable Building Company says it also wants to build world’s tallest skyscraper in just three months. A Chinese construction company has...
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Dubai’s Damac launches $477k ‘hotel villas’ at Akoya Oxygen
Nova Hotel Villas available at a starting price of about $477,463 for a 3-bedroom unit. Dubai’s Damac Properties has launched a ‘hotel...
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Futuristic bridge to Dubai’s Bluewaters Island gets green light
A $130m contract has been awarded for bridge linking $1.6bn island that is set to become home to world’s largest Ferris wheel....
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Dubai’s Emaar Malls posts 32% increase in Q1 net profit
Retail and malls arm of the Dubai real-estate giant says it made $117.8 million in first three months of the year. Emaar...
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Slow killers take most lives in construction, IOSH says
Hazards like dust and diesel fumes present bigger risk than working at height, says Institution of Occupational Safety and Health. Long-term health hazards...
