Emaar Awards AED 500 M Opera Grand Tower to Athens-Based Company

• Wednesday, 6th July 2016
• by Eman El Sherbiny

Dubai-based Emaar Properties has awarded the contract to build Opera Grand Tower in Downtown Dubai, worth AED 500 million to Athens-based Consolidated Contractors Company.

MAF and Starwood Hotel Ink Agreement to Open Aloft Hotel

• Monday, 4th July 2016
• by Eman El Sherbiny

Leading developer Majid Al Futtaim (MAF) has signed an agreement with Starwood Hotels & Resorts Worldwide to open Aloft hotel, which will be connected directly to City Centre Deira, the first integrated shopping and entertainment destination in the Middle East, Trade Arabia reported.

Damac Targets Young Homebuyers With Akoya Oxygen Project

• Monday, 4th July 2016
• by Eman El Sherbiny

Property developer Damac launched a 5.11 million square meter project, called Akoya Oxygen to include villas aimed at young homebuyers,.

Dubai to Inject AED 4 B in Road Projects

• Sunday, 3rd July 2016
• by Eman El Sherbiny

Dubai is planning to open for bids for road projects amounting to AED 4 billion ($ 1.1 billion) to upgrade transport links in the city, Chairman of Dubai Roads and Transport Authority, Mattar Al Tayer told Bloomberg.

Cayan Signs Agreement with Bidaya to Provide Home Financing Solutions

• Sunday, 3rd July 2016
• by Eman El Sherbiny

Top property developer, Cayan Group signed an agreement with Saudi Bidaya Home Finance to enable financing solutions to its clients, Trade Arabia reported.

Saudi Government Launches SAR 4.48 B Residential Project in Riyadh

• Sunday, 3rd July 2016
• by Eman El Sherbiny

The Saudi government announced its plan to build a number of 7,000 new villas, in the eastern part of Riyadh, with an investment of SAR 4.48 billion ($ 1.19 billion), over an area of 6.5 million square meters, a report said.

New Interchange Bridge for Commuters to Doha

• Sunday, 3rd July 2016
• by Eman El Sherbiny

The Public Works Authority, Ashghal has opened a new bridge at Izghawa Interchange, as an integrated part of North Road Enhancement Project, to facilitate commuting to Doha via the North Road Corridor, according to a press statement.

ECC Wins Contract to Build Emaar’s Mulberry Apartments

• Sunday, 3rd July 2016
• by Eman El Sherbiny

Dubai-based Engineering Contracting Company (ECC) has been awarded a contract by Emaar Properties to build the Mulberry apartments on Emaar’s Dubai Hills Site, at the junction of Al Khail Road and Umm Suqeim Road, The National reported.

Land Plots in Dubai World Center Are Now Available to Foreigners

• Friday, 1st July 2016
• by Nadine Abou el Atta

A decision was issued by the UAE Vice-President and Prime Minister and Ruler of Dubai, Sheikh Mohamed Bin Rashid Al Maktoum, to allow foreigners to own 3 new land plots in Dubai World Central, Gulf News reported.

Siemens to Control World’s First 3D Printed Office Building

• Friday, 1st July 2016
• by Nadine Abou el Atta

Siemens has announced that it will control the world’s first office building, produced through the 3D printing technology, which is 6.096 meter high and 36.6 meter long, according to a press statement.