Al Futtaim to Pursue Expansion Following 7% Increase in Revenues

• Tuesday, 9th August 2016
• by Fatma Khaled

Majid Al Futtaim has announced plans to continue expanding projects after it witnessed a 7% increase in first-half revenues.

DIFC in Dispute with Canadian Developer Over Faults in Gate Building

• Tuesday, 9th August 2016
• by Fatma Khaled

Flaws in construction has resulted in damage of a part of the building that endangered lives which pushed DIFC to take the case to court.

Cost of Emaar Apartments Peaks at AED 3.9 M

• Tuesday, 9th August 2016
• by Fatma Khaled

The residential scheme is expected to be handover in mid-2020 to overlook the Dubai Opera building amid completion

Saudi Oger to Reportedly File for Bankruptcy

• Monday, 8th August 2016
• by Fatma Khaled

Saudi Oger, a Riyadh-based construction company, is expected to declare bankruptcy to overcome its financial problems.

Real Estate Revenue in Sharjah Records $3.29 B in H1 2016

• Monday, 8th August 2016
• by Fatma Khaled

The emirate of Sharjah's real estate revenue recorded $3.29 billion during the first half of 2016, through 25,474 transactions.

Quality Group Plans New Mall in Qatar’s Wakrah City

• Monday, 8th August 2016
• by Fatma Khaled

Quality Group International has signed a contract with Global Real Estate Company to build a shopping mall in Wakrah City.

RTA Plans Major Infrastructure Projects in Dubai

• Monday, 8th August 2016
• by Fatma Khaled

Dubai’s Road Transport Authority (RTA) is implementing several infrastructure projects which were approved by Sheikh Mohamed bin Rashid Al Maktoum

Emaar Releases Structure for Luxury Apartment Projects in Downtown Dubai

• Monday, 8th August 2016
• by Fatma Khaled

Emaar real estate has released a new residential structure next to the Dubai Opera that contains two towers at the center of the Downtown District.

Nakheel to Build 2 New Hotels at Retail Hubs

• Monday, 8th August 2016
• by Fatma Khaled

Dubai-based developer Nakheel has released the construction master plan for two new hotels at Dragon City.

GCC Countries to Follow UAE Lead in Smart Building Solutions

• Sunday, 7th August 2016
• by Fatma Khaled

UAE is starting initiatives as the lead GCC in smart building, including more than two-thirds of the 1,236 Leadership in Energy & Environmental Design (LEED) certified projects, according to a study.