How the UAE is future-proofing by being a Metaverse champion

Far from being just an ethereal concept, the Metaverse has, for all intents and purposes, become a reality of our time. It...

Construction

Damac Properties awards $136mn contract for Damac Lagoons development

A $136 million construction contract has been awarded by Damac Properties to Shapoorji Pallonji for the main works at the Santorini Cluster...

Construction

Damac announces completion of roof slab works on Zada Tower

The successful completion of roof slab concrete works for Zada Tower has been announced by Damac Properties. Although the balance superstructure works...

Construction

Damac Properties logs 53 million safe man-hours on construction sites

Damac Properties has announced that it has logged more than 53 million safe man-hours across its ongoing projects in Dubai so far...

Construction

Damac Properties awards contract for 26-storey building in Business Bay

Damac Properties have awarded a $49.2m contract to Trans Emirates Contracting for the main construction work on a new 26-storey building in...

Consultant

ODS Global appointed to optimise operations and maintenance across 24 DAMAC Properties towers in Dubai

DAMAC Properties, the Dubai-based luxury properties developer, has appointed ODS Global, part of the Dubai-based SB Group International conglomerate – to optimise...

Construction

RTA says upgrade work on multiple Red Line metro stations 40% complete

Steady progress is being made on the Dubai Metro Red Line upgrade project, Dubai’s Roads and Transport Authority (RTA) has announced. Work...

Consultant

Damac says $229mn financing for London tower is a ‘major vote of confidence’ in the UK

Damac Properties has announced that they have secured a bank loan of $229 million for its landmark project in London called Damac...

Construction

Damac considers Neom as it eyes further expansion in KSA

Hussain Sajwani, chairman of Damac Properties, has said that the Dubai-based developer is scouting for additional plots of land in the Kingdom...

Construction

Arabtec Construction secures contracts worth $169mn for construction of residential projects

Arabtec Construction, a subsidiary of UAE-based contracting group Arabtec Holding, has won two new contracts worth $169 million for construction of residential...