Arabtec shares rise 6% on Aldar contract win

Shares in Arabtec on Monday rose by 6% on news that the Dubai-listed builder has won a $544.5 million contract from developer...

Construction

Dubai Water Canal project 61% complete

Work on the Dubai Water Canal project is well on track, and is now 61% complete, the UAE state news agency WAM...

Property

Wasl Properties launches project in Karama, Dubai

The UAE-based developer Wasl Properties has announced the launch of the first building in a two-block mixed-use development in Karama, Dubai.The company said...

Property

Dubai’s Al Habtoor reveals plans for Egypt megaproject

The Dubai-based businessman Khalaf Al Habtoor has revealed plans for a megaproject in Egypt that would include hotels, apartments and luxury villas.The...

Construction

Arcadis: Dubai, Doha relatively low-cost for construction

Doha and Dubai are relatively cheap places to build compared to other global cities, according to the International Construction Cost Index published...

Construction

UAE’s LuLu to invest $150m in Lucknow, India

The UAE’s LuLu Group, well known for its chain of supermarkets across the region, has announced it will invest $150 million in...

Property

Eagle Hills and Bahrain partner launch Marassi Residences

The UAE-based developer Eagle Hills, in partnership with Bahrain’s Diyar Al Muharraq, has announced the launch of Marassi Residences. The project is...

Consultant

UAE hiring consultant for road projects worth $212m

The UAE is in the process of hiring a consultant for seven road projects worth AED780 million ($212m), WAM reported.Abdullah bin Mohammed...

Construction

Dubai’s Emaar appoints DUTCO to restore fire-damaged Address hotel

Emaar Properties has appointed contractor DUTCO Group to undertake the clearing, assessment and restoration work of the fire-damaged The Address Downtown hotel...