Magazines
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Abu Dhabi property market ‘slowdown’ in 2016 – Asteco
Prices expected to remain steady despite less activity, consultancy says. Abu Dhabi property activity is set for a “noticeable slowdown” in 2016,...
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GCC states ‘need to pave the way for connected vehicles’
Upgrades to comms infrastructure likely needed, says UK research firm. The GCC states will need to upgrade infrastructure in order to adapt...
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Plans submitted for City of London’s tallest skyscraper
1 Undershaft set to rise to 309.6m in the ‘Square Mile’. The City of London Corporation has received design plans for what...
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General Motors ‘suspends Egypt operations’
GM temporarily halts production due to foreign currency crisis – Reuters. General Motors has temporarily suspended operations in Egypt amid an ongoing...
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Rotana to open nine hotels in UAE by 2020
Abu Dhabi-based chain set to boost number of UAE properties to 44. The Abu Dhabi-based hospitality chain Rotana is set to open...
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Samsung tests ‘transparent’ truck on Argentina roads
Monitors on back of truck display live feed of road ahead. Overtaking a slow-moving truck on a single-lane highway can be a...
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Majid Al Futtaim to invest $3.7bn in two Riyadh malls
Dubai developer to build Saudi Arabia’s largest mall and first City Centre. Majid Al Futtaim plans to invest $3.73 billion in the...
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Dubai property prices fell in 2015: Asteco
Villa and apartment sale prices down 11% and 8% respectively. Sale prices of Dubai villas and apartments fell by 11% and 8%...
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Emaar to build new tower at Dubai Creek
Sheikh Mohammed gives green light to project. Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister and ruler of Dubai,...
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Dubai’s Nakheel says 2015 profit rose 19%
Company handed over 847 units during the financial year. The Dubai-based developer Nakheel has announced a 19% increase in its net profit...
