Dubai Investments Park plans eight new hotels, serviced apartments

Community owner sees ‘surging demand’ due to proximity to Al Maktoum Airport and Expo 2020 site. Dubai Investments Park (DIP) plans eight new...

Damac shares rally in Dubai on London tower plans

Dubai property developer says it is considering an equity stake in a 50-storey project, in what would mark its entry into the...

Damac opens two hotels near Burj Khalifa in Dubai

Property firm says it has opened five hotel-apartment developments in last 14 months. The Dubai-listed developer Damac says it has opened two hotel-apartment...

Arabtec shares rally as first phase of $40bn Egypt deal approved

Shares in the Dubai builder rose by more than 5% after 100,000 housing units get green light by Egyptian government. Arabtec shares on...

Dubai tackles 500 construction-site issues in first quarter of 2015

Dubai Municipality assesses complaints regarding issues such as on-site accidents and night-time work. Dubai Municipality officials have addressed more than 500 complaints, requests...

Migrant workers ‘forced to run Qatar marathon’

Workers allegedly “press-ganged” into participating, although organisers deny claims of coercion. Qatar is once more courting controversy over the treatment of migrant workers following...

Al Jaber Group suspends CFO ahead of ‘disciplinary hearing’

Sam Deeb was appointed as chief financial officer in January 2014 as conglomerate looked to restructure debt. Abu Dhabi’s Al Jaber Group...

Qatar ‘may not require cooling systems at winter World Cup’

World Cup Organising Committee exec reportedly said holding event in winter could negate need for sophisticated cooling systems. Qatar may not require...