Built Assets Contributing Strongly to UAE’s Economy, Qatar Leads in Spending

• Tuesday, 29th November 2016
• by Karim Mohy

Built assets now contribute almost 50% to the emirates' GDP, according to a recent report by consultancy Arcadis.

Oman Offering Land Plots for Tourism Projects

• Tuesday, 29th November 2016
• by Karim Mohy

Oman is offering 33 land plots to investors for the development of tourism projects, reported Reuters Zawya on Monday.

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.