Magazines
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Dubai’s RTA to open road linking E311 and E611
About 55,000 vehicles and 4,000 trucks are expected to use the new traffic corridor daily, easing movement along Sheikh Mohammed bin Zayed...
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High-end, high-rise properties in demand in Saudi Arabia, says report
There is a greater focus on modern luxury towers in cities like Jeddah and Riyadh, according to Colliers. There is increasing demand...
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Opening of $8bn New Suez Canal brings high hopes for Egypt
Massive infrastructure project undertaken in just one year, with canal’s annual revenues forecast to rise to $13bn by 2023. “Egypt’s gift to...
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Indians ranked as top foreign investors in Dubai property in H1
Indian investors carried out $2.12bn worth of transactions in the first half of 2015, followed by British, Pakistanis and Canadians. Indian investors...
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ALEC bags contract to build school at Akoya by Damac in Dubai
UAE-based contractor chosen to construct Jebel Ali School at the east end of Hessa Street. The UAE-based contractor ALEC, a subsidiary of...
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Damac shares soar 15% on Dubai market as Q2 profits triple
The developer, which listed on the Dubai Financial Market in January, announced a 20% dividend in cash and shares. Shares in Damac...
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Two new residential communities get green light in Dubai
Sheikh Mohammed approves plans for 8,000 plots, including 2,800 villas in Wadi Safa and Tai. Two new residential communities comprising a total...
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Building collapse in Mumbai, India kills at least 11
The 50-year-old building had already been served a notice by the municipality declaring it dangerous. At least 11 people have been killed...
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Emirates REIT in $56.7m deal to build school at Akoya in Dubai
The 20,800sqm facility at new Damac development will include a foundation, primary and secondary school. Emirates REIT, a real-estate investment trust, says it...
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Dubai set to break new records with world’s tallest residential tower
Planned 711m-tall tower to be part of Meydan One development, which will also include world’s longest indoor ski slope. Dubai is looking...
