Dubai unveils plans for $8.2bn ‘Wholesale City’

Dubai is to be home to a AED30 billion ($8.2bn) ‘Wholesale City’ spanning over 550 million square feet, according to plans unveiled...

Construction

Dubai Holding opens 246-acre Kochi Smart City in India

Dubai Holding has opened the Kochi Smart City project in the Indian state of Kerala, the UAE state news agency WAM reported....

Property

Jumeirah in deal to manage tower at Marina Gate, Dubai

The hotel operator Jumeirah Group has signed with Select Group to manage 508 units in the latter’s Marina Gate development in Dubai....

Property

Dubai Holding ‘to look at US acquisitions’ for first time since downturn

Dubai Holding is considering making acquisitions in the United States for the first time since the financial crisis, Bloomberg reported.The holding company,...

Property

Dubai Holding expects annual profits to hit $1.5bn

Dubai Holding, which manages various business park and real-estate interests, expects its 2015 net profits to exceed AED5.5 billion ($1.5bn), having reported a...

Property

Emaar to launch Creekside 18 residences at Dubai Creek Harbour

Dubai’s Emaar Properties says it is set to launch the Creekside 18 residences in The Island District of the Dubai Creek Harbour...

Property

Dubai Properties Group appoints new chief executive

Dubai Properties Group (DPG) has appointed Abdullatif Al Mulla as chief executive, according to a statement issued on Monday.Al Mulla has over two...

Property

Emaar shares climb in Dubai on cash dividend, Alabbar re-election

Shares in Emaar Properties on Thursday climbed by almost 10% on news that the Dubai-listed property giant re-elected Mohamed Alabbar as chairman and approved a cash dividend...

Construction

Work on Mall of the World to start by Q1 2015

Dubai Holding has announced that work on the world’s largest shopping mall will commence from the first quarter of 2015. The developer...

Construction

Mall of the World to require $6.8bn-worth investment over ten years

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