Deyaar Records 16% Rise in Revenues During H1 2016

• Thursday, 21st July 2016
• by Eman El Sherbiny

Dubai’s Deyaar Development has revealed that its net profit for the first half 2016 recorded AED 111 million, maintained by 16% of increased revenues.

Fujairah Offers Cheap Apartment Rental Listings

• Thursday, 21st July 2016
• by Eman El Sherbiny

In light of the UAE's high-end rental market, Fujairah was listed as the cheapest emirate, with lease values averaging at AED 11,000-22,000 annually.

Arcadis Wins Design and Consultancy for Tilal Mall

• Thursday, 21st July 2016
• by Eman El Sherbiny

Arcadis, a leading consultancy firm, has won the design and consultancy for Tilal Mall, which is going to be built in Tilal City in Sharjah.

Desert Rose City Project Gets The Green Light

• Thursday, 21st July 2016
• by Eman El Sherbiny

An AED 30 billion eco-friendly project, in the shape of a desert rose, has been approved by Dubai Municipality.

Aldar Properties Awards AED 440 M Nareel Island Project to NPC

• Wednesday, 20th July 2016
• by Eman El Sherbiny

Abu Dhabi-based Aldar Properties has awarded its AED 440 million ($ 119 million) island community project, Nareel Island and Al Merief, a community in Khalifa City to National Projects and Construction (NPC).

Dubai’s Real Estate Market Witnesses Dropped Investments During H1 of 2016

• Wednesday, 20th July 2016
• by Eman El Sherbiny

During the first half (H1) of 2016, Dubai saw a AED 113 billion ($ 30.7 billion) sum, in real estate transactions, according to a government announcement.

Saudi Arabia’s Residential Market Sees Minor Increase in Q1

• Wednesday, 20th July 2016
• by Eman El Sherbiny

During the first quarter of 2016, Riyadh and Jeddah witnessed a decline in sales and rentals in the villa and apartment segments.

Iran Awards EUR 3.6 B Road Project to Italy’s ANAS

• Wednesday, 20th July 2016
• by Eman El Sherbiny

A deal has been signed between Iran’s government and the Italian highway agency, ANAS, to manage and construct a EUR 3.6 billion ($ 4 billion) road project over a 1,200 kilometer length.

Saudi Government Authorizes Infrastructure Projects within Tourism Sector

• Tuesday, 19th July 2016
• by Eman El Sherbiny

Twenty-four infrastructure projects have been been authorized by the Saudi government, to include 17 hotel buildings in the Asir region, in a bid to boost the kingdom’s tourism sector.

Dubai Develops Regulations to Use 3D Printing in Construction

• Monday, 18th July 2016
• by Eman El Sherbiny

Dubai Municipality has managed to start regulating frameworks to use 3D printing in construction.