All posts tagged "featuredpost"
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PropertyDubai rent drops spread to non-freehold areas
Rental declines are starting to spread to high-density locations of Dubai such as Al Barsha, Oud Metha and Bur Dubai, following price...
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ConstructionDubai construction sector picks up – report
The Dubai construction industry has gained momentum and ranks among the top three sectors in the overall economy, an Emirates NBD report...
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ConstructionSaudi Oger ‘faces $800m liabilities, bankruptcy’
Construction giant Saudi Oger is expected to file for bankruptcy amid liabilities of over $800 million in alleged unpaid salaries and other...
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ConstructionDubai’s Nakheel issues tenders for two hotels
Nakheel has released construction tenders for two hotel projects comprising a total of 670 rooms, the Dubai developer said on Sunday. Nakheel...
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ConstructionWorkers evacuated in Viceroy Dubai tower fire
Workers at the under-construction Viceroy Dubai Jumeirah Village tower had to be evacuated from the site following a major fire on Saturday...
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ConstructionSaudi Arabia ‘plans $800m social housing drive’
Saudi Arabia plans to launch a SAR3 billion ($800m) programme to build social housing in cooperation with the private sector, according a...
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ConstructionSaudi Oger ‘sees 31,000 workers file wage complaints’
A source at contractor Saudi Oger has said that 31,000 employees have lodged complaints over alleged delayed wages, according to press reports....
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PropertyAbu Dhabi’s Aldar reports 9% profit rise
The Abu Dhabi developer Aldar has reported a 9% increase in second-quarter net profits despite signs the local property market is slowing....
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PropertyDubai’s Emaar posts 8% higher Q2 profit
The Dubai-listed Emaar Properties reported 8% higher net profits for the second quarter of 2016, when the developer made AED 1.270 billion...
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ConstructionAl Futtaim Carillion ‘preferred bidder’ for Abu Dhabi’s Reem Mall
Al Futtaim Carillion has been named as the preferred bidder for the construction of the $1 billion Reem Mall in Abu Dhabi,...
