Pantheon Development acquires prime land from Marjan to develop mixed-use project

Marjan through its subsidiary RAK Central has signed an agreement with Pantheon Development, to acquire and develop a major project at their...

Construction

RAK’s Al Hamra Mall refurbishment complete

Aldar Properties has announced the successful completion of redevelopment work at Al Hamra Mall in Ras Al Khaimah. The project enhances the...

Construction

Miral announces 55% completion of Yas Waterworld Yas Island

Miral has announced that construction of the 16,900sqm expansion of Yas Waterworld Yas Island, Abu Dhabi is now over 55% complete, and...

Construction

Saudi’s NWC says work on $1.1bn of desalination projects has begun

Saudi Arabia’s National Work Company (NWC) has said that work on a range of water desalination plants, worth a total of US$1.1...

Consultant

Dubai’s Department of Finance announces $6.8bn worth of new PPP projects

More than $6.8bn of public-private partnership (PPP) projects have been announced by the Government of Dubai’s Department of Finance (DoF). The projects...

Construction

Ten ways to improve productivity in construction

According to the US-based Associated Builders and Contractors – a trade association – in 2020, globally, EBIT (earnings before interest and tax)...

Consultant

Coronavirus: Will Covid-19 have the same effect on real estate markets as previous pandemics?

Plagues have marked human history, from the Black Death in the 14th century to the Great Plague in London in the 17th...

Property

Coronavirus: UAE property market to receive shot-in-the-arm due to $27bn stimulus package, Savills Middle East says

The UAE’s real estate sector has remained largely resilient during the first two months of 2020, and with the introduction of the...

Machinery

Al Faris executes heavy lift and move job for Hatta hydro power project

Regional cranes, heavy lifting and transport solutions provider Al Faris has announced the completion of a new project in Hatta, in which...

Construction

Oil and gas, urban construction sectors driving increase in GCC projects, report says

GCC project announcements have increased and raised optimism in the construction market with oil and gas and the urban construction sectors contributing...