Omniyat’s Anticipated Project ‘The Sterling’ Launched
Omniyat, a leading UAE property development, has launched The Sterling, a set of residential twin towers in Downtown Dubai near the Burj Khalifa, reported Reuters on Wednesday
Second Rove Hotel in Dubai Unveiled
Rove Hotels, a mid-scale hotel brand joint venture of Emaar Properties and Meraas Holding, opened its second property in Dubai, reported Trade Arabia on Tuesday
Abu Dhabi’s Marina Mall to Undergo Expansion
Marina Mall, a development by UAE-based National Investment Company (NIC), is set to undergo an AED 3 bn extension, reported The National on Monday
Mubadala Seeks EOIs for Al Maryah Project
UAE's Mubadala Development Company called for expressions of interest (EOIs) for its landscaping works at the Al Maryah Island promenade extension project, reported ME Construction News on Sunday
MAG 5 Boulevard Sees 50% First Week Sales
MAG 5 Boulevard, a development by MAG 5 Property Development, saw 50% of its phase 2 sell out during the first week, according to a press release issued Sunday.
Al Habtoor Completes Divestment of Its HLG Shares
HLG Contracting announced on Wednesday the completion of the transfer of shares from Al Habtoor Holding to Riad Al Sadik, and a name change from Al Habtoor Leighton to HLG Contracting, according to a press release.
Built Assets Contributing Strongly to UAE’s Economy, Qatar Leads in Spending
Built assets now contribute almost 50% to the emirates' GDP, according to a recent report by consultancy Arcadis.
Dubai Unveils Smart Buildability Index
The signing of a memorandum of understanding between the Federal Demographic Council, federal ministries and the municipalities of the seven emirates introduced the Smart Buildability Index last week.
