Middle East dispute resolutions accelerated in 2019, reveals Arcadis report

After an almost 7-month increase in 2018, average duration of construction disputes in the Middle East decreased in 2019. Average construction dispute...

Kuwaiti parliamentary legislative committee to discuss amendments to real estate law

Kuwait’s parliamentary legislative committee to discuss amending some provisions of Decree Law 35/278 which pertains to real estate leasing. Kuwait’s parliamentary legislative...

Coronavirus: Sharjah Finance Department announces $1bn liquidity boost in response to impact

Authorities in Sharjah and across the region take the required measures to provide maximum assistance to businesses dealing with the impact of...

‘First-of-its-kind’ Independent Sewage Treatment Plant in KSA reaches financial closing

$245m project will be built in the western region of Dammam and will have a designed capacity of 350,000 cubic metres a...

Coronavirus: ADFD unveils $272.2mn loan package to support national companies impacted by COVID-19

Initiative is expected to positively impact recipient sectors directly and indirectly throughout 2020. The Abu Dhabi Fund for Development (ADFD) has announced...

RTA says new digital investment platform will go live in 2021

RTA Invest will facilitate the response and interaction of bidders to call for RTA investment tenders. A new digital investment platform has...

‘Be bold’ Emaar’s Alabbar tells retailers in conference call

Emaar chief says the firm will work closely with its partners to navigate the months ahead. As the UAE gradually comes out...

Infrastructure and transport drive $5.5bn boost to GCC projects in April

Saudi Arabia the primary driver, with 67% of the total value of announcements. Projects worth $5.5 billion had been announced across the...

RAK Government launches integrated COVID-19 stimulus package

Bodies have agreed on three levels of support for payment exemptions, postponement of fees and the provision of consultancy and assistance. The...

Coronavirus: 50,000 inspection visits carried out by Dubai Municipality on construction sites

Inspection visits carried out across 12,331 under-construction buildings across last two months. Dubai Municipality (DM) has announced that it has intensified monitoring...