World’s largest sports mall to open in Dubai

Dubai-based firm Viva City has announced that it will be opening the world’s largest commercial sports mall, Sport Society by 2020, in...

Consultant

Middle East and Africa hotel sector booming in 2018

The October Pipeline Report from STR Global stated that the Middle East and Africa (MEA) hotel sector is thriving, reported Trade Arabia....

Construction

Omran and Majid Al Futtaim lay foundation stone for Madinat Al Irfan

Oman Tourism Development Company (Omran) and Majid Al Futtaim have laid the foundation stone for the $13bn Madinat Al Irfan project. The...

Construction

Nakheel announces net profit of $1.05bn for first nine months of 2018

Nakheel, the UAE-based master developer, has announced a net profit of $1.05 billion for the first nine months of the year. That...

Construction

Union Properties records $40mn net profit for first nine months of 2018

Union Properties, a Dubai-based real estate developer, has said that it has recorded a net profit of $40 million for the first...

Construction

Bahrain’s KFCA invites bids for transitional phase of $4bn King Hamad Causeway

Bahrain’s King Fahd Causeway Authority (KFCA) has said that it has invited bids from qualified transaction advisory services consultancies for the implementation...

Construction

Ajman City Centre undergoes $163mn refurbishment

Majid Al Futtaim (MAF), has recently announced that it has completed a $163 million refurbishment at City Centre Ajman, to boost convenience...

Construction

Al Rakha wins $91.2mn construction contract for Aldar’s Alghadeer

Aldar Properties has announced the appointment of Al Rakha Contracting and General Transport as the contractor for its sustainable destination - Alghadeer,...