Nakheel Nears Recovery from Bank Debt

• Tuesday, 23rd August 2016
• by Fatma Khaled

Nakheel has achieved many notable accomplishments, according to its CEO, as it managed completion of the most complicated financial restructuring exercises before scheduled time and starting in the implementation of a new business plan

Saadiyat Lagoons District Contract to be Delivered by Year End

• Tuesday, 23rd August 2016
• by Fatma Khaled

The Abu Dhabi-based Tourism Development & Investment Company (TDIC) has announced that construction on phase one of the Saadiyat Lagoons District is underway.

Housing Project in Fujairah Nearly Finalized

• Monday, 22nd August 2016
• by Fatma Khaled

A housing project in the emirate of Fujarah is at 95% completion and is expected to be handed over in October by the UAE's Ministry of Infrastructure Development (MOID) in Al Taween area.

Oman to Launch 2 Water Plants in Northern Region

• Monday, 22nd August 2016
• by Fatma Khaled

In efforts to meet the high demand for potable water in the Northern region, Oman plans to build two new major independent water desalination plants.

Abu Dhabi’s Rental Returns Maintain Traction

• Monday, 22nd August 2016
• by Fatma Khaled

Despite the drops in rental values, impressive yields were recorded through the capital and other emirates in real estate according to Bayut's report.

Musanada Conducts Maintenance Work in 289 Abu Dhabi Schools

• Monday, 22nd August 2016
• by Fatma Khaled

Musanada, a general services company based in Abu Dhabi, has completed corrective maintenance work in 289 schools across the emirate.

3,700 Projects are Under Construction in Dubai

• Monday, 22nd August 2016
• by Fatma Khaled

Over 3,700 construction projects, worth $400 billion, are currently underway in Dubai, according to a new report.

DP World Delays Expansion of Jebel Ali Port

• Sunday, 21st August 2016
• by Fatma Khaled

The expansion of DP World’s Jebel Ali Port has been delayed due to "softer market conditions".

New Road Launched in Sharjah Industrial Area

• Sunday, 21st August 2016
• by Fatma Khaled

A new road network at Al Saja Industrial Area in the emirate of Sharjah has been launched.

90% of Vincitore Luxury Homes Sold in Dubai

• Sunday, 21st August 2016
• by Fatma Khaled

Just 60 days after its launch date, Dubai-based Vincitore Real Estate Development has sold 90% of its Vincitore Palacio first phase, worth AED 135 million.