‘Mini Ibiza’ island in UAE to stick to the law as it woos party-goers

The developer behind a planned party island in Ras Al Khaimah has insisted that the project can go ahead despite the considerable...

Property

Arabtec shares tumble as $40bn Egypt deal stalls

Shares in the Dubai-listed builder Arabtec have plummeted following news that a $40 billion housing deal in Egypt has stalled.Arabtec shares fell...

Property

Abu Dhabi developer linked with new capital city in Egypt

An Abu Dhabi developer has been linked with plans to build a new capital city near Cairo at a cost of up...

Construction

India’s Shapoorji Pallonji wins $525m contract for Kuwait University

The Indian construction giant Shapoorji Pallonji has won the contract to build, operate and maintain the colleges of social science, law and Islamic studies,...

Property

Egypt’s new capital city to cost $66bn

A new Egyptian capital city will be built at a cost of $66 billion by a Gulf-based developer and is set to...

Property

Property firm Damac to build ‘tropical rainforest’ in Dubai

Just when you thought you couldn’t be surprised by anything Dubai has to offer, the city proves you wrong with a new,...

Construction

Expos in 2015, 2020 ‘to boost construction ties’ between Italy, UAE

The World Expos scheduled to be held in Milan and Dubai are set to boost ties between the construction sectors of Italy and...

Property

Dubai’s Emaar launches Acacia at Park Heights development at MBR City

Developer Emaar has launched the Acacia at Park Heights development in Dubai, with units available to buy from Saturday.The development will be...

Property

Damac towers with Paramount, Fendi ties top out in Riyadh

Damac has topped out two branded towers in Riyadh less than 24 months after work began, the Dubai-listed property developer said on Monday.The Damac...

Property

Dubai ruler launches key developments, one to feature ‘snow fountain’

Dubai’s ruler on Wednesday gave his backing to four major property projects including one with a “year-round snow fountain”.Sheikh Mohammed bin Rashid Al...