Saudi’s Tourism Development Fund inks $42.66bn financing deal for key projects

Saudi Arabia’s Tourism Development Fund has announced that it has reached an agreement with Riyadh Bank and Banque Saudi Fransi. The deal...

Consultant

Miral achieves key milestones on Yas Bay in Abu Dhabi

Miral has announced that it has achieved key milestones on its Abu Dhabi waterfront destination, Yas Bay. Sheikh Khalid bin Mohamed bin...

Construction

ASGC says work on 25hours hotel in One Central Development on track

ASGC, the UAE-based construction group, has said that work is moving at a steady pace on Accor Group’s new hotel project coming...

Construction

The First Group achieves major milestone on construction of world’s tallest hotel

Developer The First Group says it has achieved a major construction milestone for its 365m tall Ciel hotel project in the Dubai...

Property

ValuStrat: UAE real estate market ‘shaken’ by the Coronavirus pandemic

Home sales transactions fell by almost 50% between the first two quarters of the year as the effects of the Coronovirus pandemic...

Construction

Mirage Leisure & Development and WSP pass 23mn working hours without a Lost Time Injury (LTI) at Address Residences

Mirage Leisure & Development and WSP in the Middle East says they are proud the Address Residences Jumeriah Resort project has achieved...

Construction

Umm Alqura for Development and Construction announces new destination for Makkah

Umm Alqura for Development and Construction has announced the launch of Masar, a new destination in Makkah. In a statement, the developer...

Consultant

Amaala chooses Foster + Partners design for new international airport

Amaala, the high-end luxury destination located along Saudi Arabia’s north-western coast, has announced that a designed by the UK-based architectural and design...

Construction

$114m Al Taif Business Centre project in Fujairah reaches 85% completion

Al Taif Investment, the Fujairah-based joint venture between Dubai Investments and Fujairah Investment Establishment, has announced that 85% of work has been...