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Alternative solutions needed to fund capital projects in GCC

The new economic reality of lower oil prices will constrain the amount of funding available to the Gulf Cooperation Council’s (GCC) governments to finance...
Aerial View of Majid Al Futtaim Communities

Majid Al Futtaim’s Elan Development Begins Construction Phase Following Noteworthy Buyer...

Majid Al Futtaim Communities has underlined the resilience of the UAE real estate market by holding a ground-breaking ceremony for their recently launched Elan...
Palma Development has announced the appointment of Khansaheb as the main contractor for Serenia Living on Palm Jumeirah.

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...

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...

Union Railway to tender civil engineering contracts in March

Union Railway, the master developer and operator of the UAE's national railway, today announced that it will tender civil engineering contracts in March. Construction...

DIRE awards US $130 million construction contract for Jewel of the...

Construction works on Package #7 have already begun and completion is expected in August 2013 Dubai International Real Estate (DIRE) has signed a contract with...

Jumeirah Lakes Towers construction progresses on schedule

Project’s first lake inaugurated 25 towers ready for handover by first half 2009 Project on track for completion in 2011 The Dubai Multi Commodities Centre (DMCC) announced...

Construction Cost Index of Dubai surges 0.16 percent in Q4-2018

Construction costs rose during Q4 of 2018 by 0.16 percent, compared to the Q3 of 2018, with construction costs rising by 0.14 percent for...

3,477 buildings completed in Emirate of Abu Dhabi in Q4 of...

Abu Dhabi issued its latest statistics on the buildings completed in the three regions of the Emirate of Abu Dhabi (Abu Dhabi, Al Ain...

”Vertical travel” within Burj Khalifa in world’s highest elevators

Call it vertical travel with a difference. Burj Dubai, the world's tallest building by Emaar Properties, set to be inaugurated on January 4, 2010...

Fayrouz Tower – Costruction Updates

Directly from the developer Fayrouz is the 2nd tower among the 7 towers which BSEL is developing in the Emirates City of Ajman. It...

Projects on track

In recent weeks, delays have beset several massive projects, according to several architects and articles in The National. Dubai Waterfront is moving much...

New retail strip ‘The Avenue’ enters phase 1

Meraas announced it has appointed Al-Futtaim Carillion as project contractors for phase-1 of 'The Avenue', which is part of a three-phase project spanning 1.1 kilometers at a prime location in Dubai.

The Address Downtown restoration will surpass previously known grandeur

In line with the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to...

Emirates Green Building Council’s to develop green financing scheme

Joins hands with Dubai Carbon Centre for Excellence to address challenges of funding green retrofit projects Emirates Green Building Council (EmiratesGBC), an independent forum aimed...

World’s largest wellness village to launch in Dubai Healthcare City Phase...

Dubai Healthcare City, a health and wellness destination, today announced the launch of the world’s largest wellness concept in its Phase 2 expansion in...

Manazel Al Khor project 70% complete

Handover of the luxury residential project handover set for summer 2016 Manazel Al Khor, the luxury residential project overlooking the historic Dubai Creek, being developed...