Dubai’s Damac launches Viridis at Akoya Oxygen ahead of Cityscape

Dubai’s Damac Properties has announced the launch of Viridis, a four-tower project consisting of residential units and hotel apartments in Dubailand, ahead...

Construction

Work on Saudi Arabia’s $320m Riyadh Walk set to start in 2016

Construction work on the $320 million Riyadh Walk development in Saudi Arabia is set to commence in January, according to press reports.A...

Construction

First Dubai South hotel apartments ready soon, says Damac

A Damac Properties development in Dubai South is set to complete within six months, marking the first luxury serviced hotel apartments to be...

Construction

Dubai’s SKAI Holdings in $300m finance deal for Viceroy hotel projects

Dubai real estate investment firm SKAI Holdings has closed a $300 million finance package for the development of Viceroy hotel projects, the...

Infrastructure

Abu Dhabi Airports begins ‘de-propping’ Midfield Terminal Building

Abu Dhabi Airports says the ‘de-propping’ of the centrepiece of the Midfield Terminal Building (MTB) at the emirate's main airport has begun.In...

Infrastructure

India’s L&T scoops $161m Riyadh Metro deal

India’s Larsen & Toubro (L&T) Construction has bagged a $161.37 million order for the construction of the tracks for Lines 1 and...

Construction

UAE’s Arabtec denies $40bn Egypt housing contract scaled back

Arabtec has denied a media report saying that the company would only develop the first phase of a massive housing project in...

Construction

UAE’s Majid Al Futtaim opens City Centre Me’aisem mall in Dubai

The UAE-based retail giant Majid Al Futtaim has opened a $75 million (AED275m) mall in Dubai’s International Media Production Zone (IMPZ), marking its...