Emaar Properties reports 30% profit jump as revenue nears $7bn

Developer reports off-plan sales of $3.92 billion in 2018; 56% of total revenue. Emaar Properties has reported a net profit of $1.965...

IHG signs partnership deal with Bahraini developer to open first Staybridge Suites hotel in capital

Agreement with Bin Faqeeh Real Estate Investment Company will see 128-room hotel open in January 2020. InterContinental Hotels Group (IHG), the global...

Trends in offsite modular construction

Waleed Khaled, regional sales director, Losberger De Boer ME, says we want big projects to be delivered faster than ever. As the...

Dubai Municipality opens parks for investment

Najeeb Mohammed Saleh, director of Planning Department at Dubai Municipality says the organisation is to provide investment opportunities representing 10% of areas...

DPM partners with UN-Habitat to kickoff WUF ‘UniverCity’ Programme

Initiative aims to build active participation from students and universities. The Department of Urban Planning and Municipalities (DPM) has initiated its WUF...

Dewan eyes growth in S.E. Asia

Firm has opened a new office in Hong Kong with plans to open another in Vietnam by the end of the year...

Eltizam Asset Management Group sets aside $55mn for M&A raids

Asset management firm is in talks with three companies to 'secure further opportunities within the industry'. Eltizam Asset Management Group says it...