Emaar Properties posts $1.5bn profit for FY2017 as revenue increases by 21%

Emaar Properties said it is able to pay shareholders a total of $272.25 million after it revealed that it recorded a net...

Nakheel awards $162m mall contract to Metac General Contracting

Master developer Nakheel has awarded a $162m contract for the construction of Nad Al Sheba Mall. According to a statement from the...

Construction

RTA: All bridges on Airport Street to open this week

Dubai’s Roads and Transport Authority (RTA), has said that it is set to open three new bridges this Friday, as part of...

Construction

Aldar to begin handover of homes at Nareel Island and Al Merief

Aldar Properties has announced that it will begin handing over homes at two of its premium developments in Abu Dhabi in the...

Emaar returning malls to an ‘old-fashioned shopping experience’

Mohamed Alabbar, chairman of Emaar Properties, has said that the retail developer’s next generation of shopping malls will mark a return to...

Construction

Aldar’s Alghadeer community to have its own Hyperloop system for Expo 2020 Dubai

Developer Aldar Properties has signed a MoU with Hyperloop Transportation Technologies (HyperloopTT), which will see the development of a new urban centre...

Construction

Emaar launches Address Al Marjan Island hotel and residences project

Emaar’s hospitality arm has just launched the Address Al Marjan Island, a hotel and residences development that will be built in Ras...

Construction

Warner Bros. World Abu Dhabi will open 25 July, 2018

Miral has announced that Warner Bros. World Abu Dhabi, an indoor theme park will open its doors to the public on 25 July,...

Consultant

Royal HaskoningDHV appointed to conduct market study for Haramain High Speed Railway

Dutch consultancy Royal HaskoningDHV says it has been appointed to carry out a detailed market study for the 449km Haramain High Speed Railway...

Consultant

Tamdeen Group opens Al Kout Mall in Kuwait

Kuwait-based property developer Tamdeen Group has opened Al Kout Mall, the latest addition to its waterfront Al Kout retail and leisure development....