Sharjah’s Al Majaz phase 2 ‘to complete by year-end’

The Sharjah Investment and Development Authority (Shurooq) has announced that it will finalise the new extension of the Al Majaz Waterfront tourist...

Property

Dubai Marina ‘continues to attract buyer interest’

Dubai Marina continues to see strong interest from buyers, especially those in the middle income category, despite the sluggish property market in...

Infrastructure

Work starts on Abu Dhabi’s Madinat Zayed-Al Marfa Road

The Abu Dhabi General Services Company, Musanada, has started construction on the Madinat Zayed–Al Marfa road project, a 50km motorway linking the...

Property

Dubai’s Deyaar Development reports 22.5% rise in Q3 profit

The Dubai Financial Market-listed Deyaar Development has reported a 22.5% increase in revenues for the third quarter. Deyaar made AED56.5 million ($15.4m)...

Construction

Abu Dhabi Urban Planning Council approves 40 projects

Forty development projects covering an area of seven million square metres have been approved by the Abu Dhabi Urban Planning Council, it...

Machinery

Volvo CE improves margins in Q3 despite 2% dip in sales

Construction machinery major Volvo CE has announced a 2% slide in sales for the third quarter of the year, while maintaining an...

Construction

RAK: Flamingo Townhouses units to be delivered early

RAK Properties has announced that it is handing over the second phase of its Flamingo Townhouses project, comprising 57 units, two months...

Consultant

Perkins+Will appoints new finance director for Dubai office

Perkins+Will has appointed Ganesh Prabhu as the finance director for its Dubai office, where he will be responsible for the overall financial...

Construction

First Avenue Mall, hotel to open in Dubai in early 2017

A new shopping mall and hotel are set to open in Dubai’s Motor City in the first quarter of 2017 as part...

Construction

Aldar awards Yas Acres early works contract to Bauer

Aldar Properties has awarded an AED155 million ($42.2m) contract to Bauer Geotechnical Specialized Foundation for early works at its flagship golf and...