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Abu Dhabi to review building rules after storms
Overhaul of regulations expected after freak thunderstorms hit UAE. Abu Dhabi is expected to overhaul its building and infrastructure rules after the...
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Damac to sell first Aykon City hotel rooms overlooking Dubai Canal
Rooms in 63-storey block start at $270m. Damac Properties today announced the sales launch of the first hotel rooms at its Aykon...
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Arabtec wins work on $300m twin towers in Dubai
Builder says 50-storey towers will be finished in two and a half years. Arabtec, the Dubai-listed construction company, says it been awarded...
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UAE storms bring lessons for construction sector
‘Buildings in the UAE have to be built to withstand the elements’. The heavy storms that hit the UAE this week caused serious...
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UAE storms point to weak spots in building design, and attitudes
‘It never rains in the UAE’... Until it does. Rhys Steel, a Chartered Building Surveyor in Cavendish Maxwell’s Project and Building Consultancy...
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Abu Dhabi property law ‘will boost investment in real estate’
New regulations mean expat residents will be more likely to invest. Abu Dhabi’s new property law is set to boost growth in...
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Turkey tops ranking of property price rises
Prices rose by 18.4% in 2015, Knight Frank global index finds. Property prices in Turkey rose by the most globally last year,...
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Saudi salary delays: Foreign powers demand action
France, the Philippines and Bangladesh taking up case of unpaid wages. Foreign governments are exerting pressure on authorities and executives in Saudi...
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Aldar awards $86m contract for Al Jimi Mall expansion
Pivot Construction Company to manage Al Jimi Mall expansion works. Aldar Properties, the Abu Dhabi-listed property developer, has announced the signing of...
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Russia confirms $5bn loan to Iran for joint projects
Russian Energy Minister to visit Iran to discuss cooperation. Russia has confirmed plans for a $5 billion loan to Iran for joint...
