Dubai Hotel Room Construction Increases
According to STR’s Global Construction Pipeline report, there has been a reported 9.4% increase in Dubai hotel room construction, either in the final planning...
Nakheel Unveils Master Plan Vision for Dubai Islands
Nakheel, the Dubai-based master developer, has unveiled a new vision for the Dubai Islands, redefining the waterfront living concept. Comprised of five islands with...
160,000 Hotel Rooms under Construction in the Middle East
STR’s November 2016 Pipeline Report shows 159,922 rooms in 560 projects Under Contract in the Middle East and 58,878 rooms in 316 projects Under...
Development Valuations in Light of Covid-19
Stephen Flanagan, Knight Frank Middle East’s Head of Valuation & Advisory explores why development valuations even in stable market conditions, have a degree of...
UAE construction sector expected to grow by 9.5% until 2016
Currently the Asia Pacific block is considered as a global recovery catalyst. The region is a promising construction investment destination with a strong potential....
The Construction Industry Gathers For The Big 5 With Regional Development...
UAE Ministry of Energy & Infrastructure supports The Big 5; HE Al Mazrouei urges ‘full spectrum of industry collaboration’ as smart technology looks to...
Shapoorji Pallonji secured Funding to Complete Imperial Avenue
Houlihan Lokey, the global investment bank listed on the New York Stock Exchange (NYSE: HLI), is pleased to announce that it has secured funding...
GCC infrastructure projects now worth US$119.6 billion
he GCC countries will invest over US$119.6 billion in infrastructure projects over the next ten years, of which rail projects account for ...
Azizi Developments to Develop Its New Offices in MBR City
The offices of the UAE’s leading private developer are currently located on the iconic Sheikh Zayed Road – Azizi now plans to expand to...
Dubai developers can utilise $2.2 bln escrows
Dubai developers have access to up to $2.2 billion from escrow accounts to cover construction commitments, the emirate's property regulator said in a strategy...
Main Contractor Appointed for ‘Serenia Living’ on Palm Jumeirah
Palma Development, one of the most prestigious developers in the real estate industry, has announced the appointment of Khansaheb as the main contractor for...
Modular, Greener, Digital: 2021 Outlook for Regional Construction Industry
Demand for talent with digital and manufacturing construction skills is growing
The COVID-19 pandemic has accelerated disruptions in the GCC’s construction industry, creating a mix...
DAMAC Properties Awards Key Contract for Safa One de GRISOGONO
UNEC awarded the main works package for a sum exceeding half a billion AED
Expected date of completion of Safa One, currently under development on...
Damac awards three new contracts in Dubai and Abu Dhabi projects
Luxury lifestyle provider Damac Properties has awarded three more contracts for work to begin on site at projects in Dubai and Abu Dhabi.
Enabling works...
Last cladding panel of Burj Dubai ready for installation
1. Arabian Aluminium Company completes last of the 24,348 panels
2. Six-metre long glass, aluminium and steel panel will be installed at the bottom of...
Azizi Developments Adds Crystal Lagoon to Riviera
The more-than-2 km long man-made lagoon will allow residents to swim in crystal blue, filtered and desalinated waters and unwind on its beach-like shores.
Azizi...
The Sustainable City launches The Sustainable Homes
The collection of 51 short-stay homes allows everyone to experience sustainable living first hand inside The Sustainable City community
The Sustainable City, the first fully...
Hotel Development in Prime GCC Tourism Destinations Growing at Six Times...
Latest STR report highlights massive hotel development plans in Makkah, Doha, Riyadh, Medina, Muscat and Dubai
ATM 2022 organisers expect significant presence at live event...
