Dubai’s DP World signs Canada port deal

The Dubai-based ports operator DP World has struck a deal to expand and operate Canada’s Rodney Container Terminal, according to press reports....

Infrastructure

DP World to develop Taiwan port terminal

DP World, the Dubai-based global marine terminal operator, says it has signed a memorandum of understanding with the state-run Taiwan International Ports...

Construction

Wind tests completed for $1bn Dubai tower

Emaar Properties has announced the successful completion of advanced wind tunnel tests to confirm the structural strength and durability of its $1bn tower...

Construction

Overactive Gulf real estate market faces ‘perfect storm’

The real estate business in the Arabian Gulf faces a “perfect storm” due to unprecedented construction activity being at odds with the gloomy...

Construction

Report: 54,000 new UAE hotel rooms in pipeline

As many as 183 new hotels are set to be built in the UAE, adding 54,000 guest rooms to the market, according...

Property

Abu Dhabi real estate shows ‘initial signs of decline’

Abu Dhabi’s real estate market is showing initial signs of decline, with rents dropping for the first time in three years, property...

Property

Saudi property sales ‘down more than 50%’

Saudi property sales have plummeted by more than 50% as investors hold off due to the expected impact of a new land...

Property

Brexit ‘can boost Chinese investment in Dubai property’

Dubai has a huge opportunity to boost growing real estate investment from Chinese investors in the wake of Britain’s decision to leave...

Construction

Major fire at Dubai Marina tower put out

A blaze at a 75-storey residential tower in Dubai Marina has been brought under control, with no injuries reported, officials said. Residents...

Sustainability

Green building council backs new Dubai ratings system

The chairman of the Emirates Green Building Council (EmiratesGBC) has welcomed Dubai Municipality’s move to introduce a green ratings system, known as...