Dubai builder Arabtec appoints new CEO for construction arm

Arabtec Holding has appointed a new chief executive for its construction subsidiary, the Dubai Financial Market-listed firm said in a statement.Raja Hani...

Property

Dubai’s Damac says property sales boosted by foreign buyers

Dubai’s Damac Properties posted robust sales in the first quarter of this year due to healthy demand from foreign investors, the firm’s managing...

Construction

Dubai’s Arabtec scoops $283m Saudi Aramco housing contract

Arabtec has won an AED1.04 billion ($283.1 million) contract to build housing for Saudi Aramco, the Dubai-listed builder said in a statement.The contract won by...

Construction

Shares in Dubai’s Arabtec tumble on $25.7m loss

Arabtec shares tumbled by 7.25 percent on Sunday morning after the Dubai builder reported a loss of $25.7 million in the final quarter...

Property

Dubai’s Emaar denies rumours Alabbar plans to quit

Emaar has strongly denied rumours its chairman Mohamed Alabbar plans to quit, in an attempt to end days of speculation that saw shares in the Dubai-listed...

Property

Damac shares dive 10% on dividend news

Shares in Damac plunged by almost 10% on Monday morning, as the Dubai developer proposed a stock, rather than cash, dividend for...

Property

Akoya sales help boost Damac revenues by 64%

The Dubai property developer Damac today reported revenues of $2 billion for 2014, a 64% rise on the previous year, driven by...

Construction

Dubai Parks and Resorts to launch IPO

RELATED ARTICLES: Phase 1 of Dubai Parks and Resorts reaches 30% completion mark for infrastructure | Hill International awarded $50mn Dubai Parks & Resort...