Magazines
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Dubai’s DIFC plans to triple in size by 2024
Dubai International Financial Centre says it will increase office space to 511,000sqm to support expansion. The Dubai International Financial Centre (DIFC) is...
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Egypt sees ‘complications’ in $45bn plan for new capital city
Contract negotiations with Capital City Partners, led by UAE’s Mohamed Alabbar, are still ongoing, according to Egypt's housing minister. An ambitious plan...
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UAE theme parks to attract 18m visitors by 2021, PwC says
The UAE already rivals Orlando in the scale of transport links, hospitality and food & beverage sectors, report finds. The UAE can...
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Hilton, UAE’s Wasl to open two mid-market hotels in Dubai
Signing follows the Middle East debut of the Hampton by Hilton brand. Hilton Worldwide and UAE-based Wasl Hospitality and Leisure have announced...
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Mining specialist Joy Global pays $123m for equipment maker Montabert
Acquisition relieves Doosan of Montabert, which had sales of approximately $100m in the last fiscal year . Hydraulic breaker manufacturer Montabert has...
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Dubai’s Damac Properties awards $760m contracts so far in 2015
Contracts awarded by the developer in first five months of year include construction of three hotel-apartment towers. Dubai’s Damac Properties says the...
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Sharjah, UAQ to sign agreements to cut UAE border delays for trucks
Truck drivers spend more than half their working time at border crossings, hampering trade in Arab world, study finds. Sharjah and Umm...
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Bayti Homes project in Ras Al Khaimah, UAE nears completion
First 80 homes on $68m development to be ready in November, says developer Al Hamra Real Estate Development. Al Hamra Real Estate...
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Half a million Dubai workers subject to midday break
Firms violating UAE ban on work during hottest hours of the day face fines of up to $13,600. The UAE’s ‘midday break’...
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Chinese construction firm ‘eyes $3bn Balfour Beatty takeover’
China Civil Engineering Construction Corporation looking at feasibility of bidding for Britain’s biggest contractor, The Sunday Times reports. A Chinese construction firm...
