First leg of Dubai Eye big wheel lifted into place

The first leg of the Dubai Eye, set to be the world’s tallest Ferris wheel, has been secured into place, the contractor...

Features

Top 10 Gulf airport projects

1. Al Maktoum International Airport ExpansionCountry: UAEOwner: Dubai AirportsBudget: $33bnProgress: Enabling works Expansion plans for Al Maktoum International Airport were first announced...

Construction

EU delegation tours Saadiyat workers’ village in Abu Dhabi

Abu Dhabi’s Tourism Development & Investment Company (TDIC) has hosted an European Union (EU) delegation for a tour of its Saadiyat Accommodation Village.The...

Property

Qatar property stocks nosedive after FIFA arrests, World Cup probe

Shares in Qatar’s property sector continued to fall on Thursday amid negative sentiment in the market following news of arrests at the football...

Construction

Palm Jumeirah mall is 30% complete, says Dubai’s Nakheel

Construction of the $220 million The Pointe mall on Palm Jumeirah in Dubai is around 30% complete, according to the developer Nakheel.The...

Infrastructure

Qatar’s Ashghal to build 40 multi-level road interchanges

Qatar’s Public Works Authority (Ashghal) will build about 40 multi-level interchanges within the next four years as part of major road projects,...

Construction

Egypt denies $37bn Arabtec housing project has stalled

Cairo has denied a report that Arabtec’s $37 billion deal to build homes in Egypt has stalled, prompting a 2.15% recovery in...

Property

Damac, Emaar and Arabtec shares tumble in Dubai

Shares in some of Dubai’s biggest property and construction firms saw steep declines on Sunday, helping drag the overall market index down...

Property

New UAE property regulations ‘prevent overheating in Dubai’

Changes to the UAE’s real-estate regulations have stopped the Dubai property market ‘overheating’, a Cluttons report has said.In its Spring 2015 Dubai Residential Market...