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Nakheel’s Ali Rashid Lootah lauds “impressive start” to 2018
$1.36bn in construction contracts signed in Q1; $420 million net profit up 5% Y-o-Y. Nakheel's chairman Ali Rashid Lootah has hailed an impressive...
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GHD: New Dubai office brings us closer to clients
Firm marks 90th birthday with launch of Dubai office. Global professional services company, GHD says it is extending its presence in the...
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Dubai’s Sheikh Mohammed opens first stage of 800MW third phase of solar park
Remaining two stages will each add 300MW of capacity by 2020. The 200MW first stage of the 800MW third phase of the...
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Investcorp and Vamed to build new healthcare facility on Reem Island
Phase one focused on the construction of a 100+ bed rehabilitation centre . Investcorp has partnered with Vamed and Blue Apple Partners...
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Interserve CFO: We have good track record with Middle East payments
Analyst predicts international business could still be sold following 2017 losses . The international support services and construction divisions of UK services...
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Nshama launches Rawda 2 towers in Town Square Dubai
Residential project will offer residents easy access to retail outlets and other amenities. Nshama has announced Rawda 2, a new residential project...
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Oman and Kuwait launch $7bn Duqm Refinery project in Sultanate
Project is the first in Kuwait Petroleum Corporation’s pipeline of projects. Oman Oil Company and Kuwait Petroleum Corporation (KPC) have jointly laid...
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Lootah hands over 100-unit Lootah Residence II on time
The developer says it completed the remaining 40% of construction work on the building. Lootah Real Estate Development has announced the on-time...
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Dubai Properties announces new phase of Dubailand project
Amaranta 3 is expected to be completed in Q4, 2020. Dubai Properties has announced a new phase of its Villanova community in...
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Oriental Pearls launches master planned Royal Pearls development
Meydan project will include 1,565 freehold apartments in its first phase.. Oriental Pearls Estate Developers has unveiled Royal Pearls, a master planned...
