Empower achieves a net profit of $175 million in 2016

Emirates Central Cooling Systems Corporation (Empower), reportedly the world’s largest district cooling services provider, recorded a net profit of $175 million for...

Property

GCC investors ‘continue to buy Dubai real estate’

A developer has said that investors from GCC countries are still buying Dubai real estate, as the UAE’s property market continues to...

Construction

Nakheel receives construction proposals for Deira Mall

Construction proposals have been received for Deira Mall, the new retail, dining and entertainment hub being developed by Nakheel, the Dubai-based developer...

Property

Phase two sales begin at Kempinski Residences in Dubai

Gemstone Real Estate Development and Tamleek Real Estate Co. have announced the commencement of sales in the second phase of the Kempinski...

Construction

Dubai’s Nakheel starts work on $230m Ibn Battuta projects

Developer Nakheel says it has started work on projects worth AED850 million ($231m) at its Ibn Battuta Mall complex in Dubai. The...

Construction

Danube says Dubai ‘Miraclz’ project almost sold out

Developer Danube Properties says 95% of its recently launched Miraclz project in Dubai has been sold. The announcement was made by Rizwan...

Construction

Dubai’s Nakheel moves ahead with works at Waterfront project

The Dubai developer Nakheel is moving ahead with infrastructure work at its Madinat Al Arab project, a 522 hectare site with 266...

Construction

Dubai Properties awards contract for 1/JBR project

Dubai Properties (DP) has awarded Dubai Contracting Company (DCC) the contract for its 1/JBR residential project, the developer announced at a recent...