Developer Dar Al Arkan ‘in housing talks with Saudi government’

The Ministry of Housing is set to spend a total of $15.8 billion through to 2020. The Saudi Arabia-based Dar Al-Arkan Real...

Dubai’s Union Properties signs $79m project finance deal

Ajman Bank and National Bank of Ras Al Khaimah acted as joint lead managers for the deal. Dubai-based Union Properties has signed...

Dubai tower to soar ‘100m taller than Burj Khalifa’

Emaar Properties chairman Mohamed Alabbar reveals new details about $1 billion megastructure. The Tower, set to be the centrepiece of Dubai Creek...

Qatar’s Aljaber Group planning IPO – report

Construction firm could offer $800 million initial public offering on Doha stock market, says Reuters. The Qatar-based construction firm Aljaber Group is...

L&T ‘wins Qatar World Cup stadium contract’

Indian conglomerate in deal to build $135m 40,000-capacity Al Rayyan stadium – report. The Indian construction giant Larsen & Toubro (L&T) has...

Midday break: UAE plans 60,000 inspections

Violations of summer working rule will be reported electronically directly from construction sites - report. Government officials in the UAE will conduct...