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Dubai spending $2.5bn on infrastructure in 2019
PPP Law and the development of project financing through long term financing priortised. The Ruler of Dubai, His Highness Sheikh Mohammed bin...
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Al Hamra lauds 2018 milestones at Manar Mall
Waterfront promenade including floating cinema slated for completion in summer 2019. Ras Al Khaimah-based real estate developer Al Hamra says it passed several...
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Banyan Tree Residences reports increased foreign interest
The apartments complex is scheduled to open in Q3 2019 and will have 235 houses. Sweid & Sweid, developers of the first...
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Careem Bus has launched in Egypt; Targets Pakistan, Saudi Arabia
40% of the Egyptian population is not being served by a proper transportation service . Careem says its new bus service will...
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Suhar Mall ready for January opening in Oman
$117 mall will join Sultanate’s booming retail sector within the month, says MAF. Husam Al Mandhari, senior mall manager, Oman, Shopping Malls...
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One Central completes 68,934 sqm of development ahead of schedule
Commercial and retail space in One Central spans 159,793 sqm with a four-level basement parking of 4380 spaces. Dubai World Trade Centre...
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Surge in Russian visitors as Abu Dhabi and Dubai witness rise in tourists
Tourists from China and Germany increased by 11.6% and 14.7% in first 8 months of 2018. The combined number of tourists visiting...
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Arabtec Construction wins $60mn Villanova contract
Works will commence immediately for a duration of 20 months. Arabtec Holding's has confirmed that its wholly-owned subsidiary Arabtec Construction has been...
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Adnoc awards key contract for chemical plant to Técnicas Reunidas
The LAB plant is the first of the derivative units to be advanced under Adnoc’s $45bn Ruwais downstream investment programme. Abu Dhabi...
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Dubai begins hybrid Abra tests across the Creek
High-tech abra has a capacity of 20 passengers and is powered by a 20KW electric motor.. Mattar Al Tayer, the director-General and...
