National Properties unveils new $272mn residential project in Dubai

The project will offer a range of units and is scheduled for completion in Q4 2025. 399 Hills Park has been announced...

Gulf Asia appointed as contractor for Bay Residences

RAK Properties makes announcement as second phase of beachfront project fully sold out. UAE-based RAK Properties has signed up Gulf Asia Contracting...

Azizi Developments enters the hospitality sector

The company is set to launch more than 50 prestigious hotels as part of its major new sector investment. Private developer Azizi...

Dar Group acquires majority stake in Su-Yapı

Turkey-based Su-Yapı will continue to operate under its own brand while leveraging the resources of the Dar Group. The acquisition of a...

PowerBar Gulf up-scales presence in Rakez

The company has consolidated its 14 years in the emirate with a 16,000sqm plant. PowerBar Gulf has successfully expanded its production facility...

Tecom Group’s net profit up 34% in Q1

High occupancy rates and strong growth across key business sectors enabled a $54.5mn dividend payout. Tecom Group said that it has observed...

ENEC MD & CEO appointed Chair Elect of World Nuclear Association Board of Directors

The WNA’s members are responsible for 70% of the world's nuclear energy generation. Emirates Nuclear Energy Corporation’s (ENEC) Managing Director and Chief...

Cundall expands into Saudi Arabia with opening of 24th global office

The firm has worked with clients in the Middle East for over 15 years, with projects across the region including several in...

Lanai Island mansion sells for $54.4mn says Majid Al Futtaim Development

The sale underlines Dubai’s appeal as a ultra-high-net-worth destination. Majid Al Futtaim Development, part of Majid Al Futtaim Properties, said it has...