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

Egypt signs deal with UAE fund for $45bn capital city

The Egyptian government has signed a deal with a UAE-based fund to build a new capital city to east of Cairo, it...

Construction

Dubai protest: Contractor ‘not obliged’ to pay incentives

The employer of hundreds of workers involved in a protest near Dubai Mall on Tuesday morning says it is “not obliged” to pay incentives,...

Property

Abu Dhabi developer linked with new capital city in Egypt

An Abu Dhabi developer has been linked with plans to build a new capital city near Cairo at a cost of up...

Property

Egypt’s new capital city to cost $66bn

A new Egyptian capital city will be built at a cost of $66 billion by a Gulf-based developer and is set to...

Property

Dubai’s Emaar launches Acacia at Park Heights development at MBR City

Developer Emaar has launched the Acacia at Park Heights development in Dubai, with units available to buy from Saturday.The development will be...

Property

Emaar reports ‘record’ $912m profit for 2014

The Dubai property developer Emaar on Sunday reported a "record" profit of $912 million for 2014, a 30% rise on the previous year,...

Property

Emaar plans ‘huge investments’ in Egypt, role in new capital city

The Dubai property developer Emaar plans “huge investments” in Egypt and a key role in developing a new capital city in the...

Construction

Dubai-listed Arabtec wins two Emaar contracts worth $100m

The Dubai-listed Arabtec Holding has won two contracts worth a total of AED375 million ($102m) to construct residential villas for Emaar properties,...