Dubai theme parks: Half of retail units leased in Riverland zone

Almost half the units in the retail zone of Dubai’s massive under-construction theme-park project have been leased, it has been announced.Dubai Parks...

Dubai’s Majid Al Futtaim achieves ‘Green Star’ sustainability rating

Majid Al Futtaim, the Dubai-headquartered retail and leisure developer, says it has achieved the highest possible rating for the second year in...

Construction

Drake & Scull wins $61m MEP contract for Dubai hotel, mall expansion

Drake & Scull International says its engineering division has secured a $61 million contract related to work on a hotel complex and...

Property

Delayed Mall of Qatar signs deal with Alshaya for 32 stores

More than 30 global brands are to set up shop at the delayed Mall of Qatar, following a “mega deal” with Kuwaiti...

Construction

New level for Dubai’s Mall of the Emirates as $272m extension opens

Majid Al Futtaim on Monday delivered its AED1 billion ($272m) multi-stage extension of the Mall of the Emirates in Dubai.The so-called ‘Evolution 2015’...

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...

Infrastructure

Dubai’s Emaar Malls reports 37% jump in net profit

Emaar Malls, the Dubai property giant's malls and retail arm, has recorded a 37% growth in net profit for the first half...

Construction

Bahrain hospitality, retail sectors hold promise, says CBRE

Bahrain’s retail sector continues to witness development in the destination and community mall segments, while its hospitality market has also been busy...