Abu Dhabi Government to Inject AED 544 M into Infrastructure Projects

Abu Dhabi Government plans to pump over AED 544 million ($ 148 million) in infrastructure projects.

Dubai South Awards AED 1 B worth of Projects in Dubai’s Residential District

Dubai South has recently awarded AED 1 billion ($ 272 million) worth of contracts for development projects in Dubai’s Residential District, adjacent to the Expo 2020 Dubai site.

Emaar Properties to Launch Dubai Hills Estate Homes

Leading developer, Emaar Properties announced the launch of an exclusive collection of homes within Dubai Hills Estate.

Aldar Makes Remarkable Progress Across Residential Projects Portfolio

Abu Dhabi-based and top real estate developer, Aldar has seen a strong progress in its portfolio of residential projects in the emirate, Trade Arabia reported.

Huawei and Dubai South Ink Agreement for Smart City Collaboration

Top global ICT solutions firm, Huawei has signed an agreement with Dubai South to implement future-city capabilities and services to Dubai’s South Business Park Free Zone.

Tanmiyat Group Finishes Full Handover of Dubai Office Tower

Dubai-based development firm, Tanmiyat Group announced the handover of its new office tower project at Business Bay in Dubai, Trade Arabia reported.

Damac Launches New Akoya Oxygen Golf, The Beach

Dubai-based Damac announced the launch of The Beach, which includes beach-style living apartments within the Akoya Oxygen development program in Dubai, Arabian Business reported.

Egypt’s Moukhtar Ibrahim to Expand Regionally

Moukhtar Ibrahim, Egypt-based construction firm, plans to open two branches in Algeria and UAE, by the end of 2016, announced its chairman, Fayek El Banna.

UAE’s first Qualified Investor Real Estate Fund to Launch

Dubai’s Mashreq Bank has announced establishing a partnership with the real estate company Arady Properties to launch the first Qualified Investor Real Estate Fund in the UAE, Arabian Business reported.

Dubai’s RTA Announces Completion of Jumeirah Bridge

Dubai’s Roads and Transport Authority (RTA) announced it expects to open two lanes of Jumeirah Bridge in July, as part of the Dubai Water Canal project’s second phase.

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