Damac awards $817m in contracts during H1

Damac Properties says it awarded 25 construction and consultancy contracts worth AED 3 billion ($817m) in the first half of 2016. Work...

Consultant

Aurecon appointed on The Tower project in Dubai

A building consultancy has been appointed as engineer/architect-of-record of The Tower in Dubai, which is set to soar 100 metres above the...

Property

Dubai’s Damac plans sale of first Aykon City residential units

Damac Properties has announced the upcoming sales launch of the first residential tower at its Aykon City project next to the Dubai...

Property

Damac launches phase 2 of ‘Sharia compliant’ project

The Dubai-based real estate heavyweight, Damac Properties, has announced a limited release of units in the second phase of its Sharia-compliant luxury...

Construction

ACC wins contract for Emaar project in Jeddah

Emaar says it has awarded the Arabian Construction Company (ACC) a contract to build a project in its Jeddah Gate community in...

Construction

Dubai-listed DSI posts 61% fall in Q1 net profit

Drake and Scull International (DSI), the Dubai-based contractor, has posted a 61% fall in first-quarter net profit, with declining revenues extending an earnings slump,...