Dubai’s Arabtec denies withdrawing from $40bn Egypt housing project

The Dubai-listed builder Arabtec has denied reports it is withdrawing from a $40 billion scheme to build a million homes in Egypt.The...

Construction

Make it snappy… Work on Dubai’s $6m crocodile park to take 14 months

Construction of Dubai’s first crocodile park is scheduled to be completed in just 14 months following the appointment of a project contractor,...

Infrastructure

Modi visit: UAE, India aim to raise $75bn infrastructure fund

The UAE and India aim to raise a $75 billion infrastructure fund for projects in the South Asian country, it was announced...

Analysis

The mixed-use boom in the Middle East

Over the last decade, mixed-use developments have moved to centre stage in urban planning, redefining the real estate landscape in the Middle...

Construction

Abu Dhabi approves 26 major projects in second quarter

Abu Dhabi gave the green light to 26 major developments in the second quarter, accounting for triple the total floor area of projects...

Construction

Dubai ‘launches design competition for Asian Cup stadium’

Dubai has launched a competition to design a 60,000-seat stadium that will be built to stage matches for the 2019 Asian Cup,...

Construction

Dubai Parks and Resorts’ expenditure tops $1bn

Total expenditure by Dubai Parks and Resorts exceeded $1.03 billion as at the end of June, according to the latest filings by...

Construction

UAE’s Naresco bags construction contract for Danube’s Glitz 1 and 2

Dubai developer Danube Properties has awarded a contract to UAE-based Naresco Contracting for the main construction of its upcoming residential projects, Glitz...

Infrastructure

Railway linking six Gulf states ‘on track to open in 2018’

A railway linking all six Gulf Cooperation Council (GCC) states is scheduled to be operational by 2018, according to press reports.The planned passenger...