Thyssenkrupp, Tata in talks over European steel mills

Germany’s biggest steelmaker says consolidation of the European steel industry is necessary due to economic conditions. Thyssenkrupp, Germany’s biggest steelmaker, has said...

Retail and tourism offset construction slowdown in Dubai

Emirates NBD monthly survey finds companies still reluctant to increase staffing levels. The slowdown in Dubai’s construction sector was last month offset...

Jordan property trade down 6% in first half of 2016

Revenues from real estate sales also down 10%, according to official data . Jordan’s property market saw a slump in the first...

Dubai property handovers: ‘71% of units delayed in Q2’

Majority of units initially scheduled for completion in second quarter were delayed, says Cavendish Maxwell report. More than seven in ten Dubai...

Dubai, Abu Dhabi house prices ‘down 4-6%’

Apartment and villa prices lower in the second quarter compared to same time last year – report. Apartment and villa prices in...

Saudi Arabia’s first ‘Snow City’ set to open in Riyadh

Al Othaim Leisure plans to open snow-themed destination on Wednesday. Residents of Riyadh will be able to experience Saudi Arabia’s first snow-themed...

Dubai Opera construction ‘to complete by August’

Developer Emaar says that landmark cultural project is ‘showing good progress’. Construction work on Dubai Opera, the city’s first purpose built, multi-format...

Carillion looks for Middle East PPP deals

British building support services company looks for new work after Oman deal. The British building support services company Carillion says it is...

UK construction ‘sees worst contraction in seven years’

Experts voice ‘serious concerns’ about construction sector following vote to leave European Union. The UK’s construction industry suffered its worst contraction in...