Schon Properties Launches Hospitality Project in Dubai

• Tuesday, 29th November 2016
• by Karim Mohy

UAE-based real estate developer Schon Properties on Tuesday announced the launch of a more than AED 3.2 bn hospitality development, dubbed iSuites, near the site of Expo 2020.

Al Akaria Setting Up New Construction Company

• Tuesday, 29th November 2016
• by Karim Mohy

Saudi developer Al Akaria last week announced plans to set up a new contracting and construction firm.

Arabtec Appoints Hamish Tyrwhitt as New CEO

• Tuesday, 29th November 2016
• by Karim Mohy

Arabtec Holding on Tuesday announced it has appointed Hamish Tyrwhitt, former Leighton Holdings Chief, as the group's CEO.

Rotana to Manage First Cayan Hotel

• Monday, 28th November 2016
• by Karim Mohy

Cayan Group announced on Monday that its first hotel project — the Cayan Aryaan Hotel Apartments in Dubai — will be managed and operated by Rotana Hotel Management.

Ajman to Hold First Real Estate Conference

• Monday, 28th November 2016
• by Karim Mohy

Real estate analysts and investors will gather on December 14 to discuss ways to boost sustainable development at a conference in Ajman.

Sharjah Residents Not Shifting Toward Dubai

• Monday, 28th November 2016
• by Karim Mohy

Residents of the emirate of Sharjah so far have not relocated to Dubai in larger numbers, according to research by property services firm Asteco.

UAE Infrastructure Ministry to 3D-Print All Its Buildings -Official

• Monday, 28th November 2016
• by Karim Mohy

The UAE's Ministry of Infrastructure Development will construct all its future buildings employing 3D-printing, according to a ministry official.

Depa Records Nine Month Profit of AED 29 mn

• Monday, 28th November 2016
• by Karim Mohy

Dubai-based interior contractor Depa recorded a net profit of AED 29 mn in the first nine months of 2016.

Ajman to Strengthen Real Estate Laws

• Sunday, 27th November 2016
• by Karim Mohy

The emirate of Ajman is considering the introduction of new real estate regulations to help restart projects that stalled during the real estate bust that following the financial crisis of 2008.

Groundbreaking at Ras Al-Khaimah Housing Project

• Sunday, 27th November 2016
• by Karim Mohy

The foundation stone for a AED 330 mn housing project in Ras Al-Khaimah was laid in the presence of several representatives of the emirate's and the UAE's leadership on Saturday.