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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....
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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...
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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...
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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...
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Gulf airport construction set to grow by almost 8% a year
Big events like the 2022 FIFA World Cup in Qatar give boost to airport construction, says report. Airport construction in the Gulf...
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Dubai markets: Emaar and Damac shares fall further
Further declines for real estate stocks as Dubai Financial Market index drops 1.44%. Some of the UAE’s biggest real-estate companies saw continued...
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Bentley to furnish Sweden Island villas at The World, Dubai
Car brand’s interiors division to kit out exclusive villas on The Heart of Europe manmade islands. The iconic car brand Bentley has...
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Emaar, Damac and Arabtec shares hit hard as Dubai market falls 6%
Real-estate stocks plummet as further weakness in oil prices hits UAE markets. Shares in some of the UAE's biggest real estate and...
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‘Dubai South’ rebrand for planned 145 sq km airport city
New name given to Dubai World Central megaproject, which will eventually house a million people and generate 500,000 jobs. Dubai World Central,...
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Dubai’s Arabtec denies withdrawing from $40bn Egypt housing project
Builder says it is still discussing terms with officials; shares in the Dubai firm fall by almost 4%. The Dubai-listed builder Arabtec...
