Saturday 20 December 2014

Green building certifications ‘lack transparency’

Seals of quality carry weight in the sustainable real estate industry – but the variety of existing certification systems results in a lack of transparency, a report said. The study conducted by Modul University Vienna, Austria examined the role of non-governmental organiza


Drake and Scull mulls share buyback

The board of Dubai contractor Drake and Scull will consider buying back up to 10 per cent of the company's shares at a meeting on December 22, the company said on Thursday. Drake and Scull, whose shares have plunged 42 per cent since the end of October as part of a panic sell


Global floor coverings market to hit $325bn

Global demand for floor coverings is forecast to advance 4.5 per cent annually through 2018 to 19.4 billion sq m, valued at $325 billion, a report said. Growth represents an improvement from the rate of the 2008-2013 period due to an expected rebound in housing construction in ma


Railways constitute one-third of GCC transport projects

Rail projects account for 32 per cent of the total GCC transportation developments valued at $298 billion, according to recent reports. Transportation makes up to 20 per cent of the total construction spend in Saudi Arabia where nearly $25 billion is at the bidding stage or under


Beam breaks ground for new school project

UAE-based Bukhatir Education Advancement and Management (Beam), an operator of creative science schools, recently marked the launch of an international school project at a special ground-breaking ceremony in Dubai, UAE. The International School of Creative Science Nad Al Shiba wi

More… rolls out property search mobile app

UAE-based, a leading real estate portal, has launched a cutting edge mobile app that allows users to interact with’s property database in an intuitive manner while simplifying property search. With this app, users can explore all the listings available i


Sewage dispute talks in Bahraini development under way

Negotiations are under way to resolve a financial dispute that threatened to result in a luxury housing development in Bahrain being swamped with overflowing sewage. A Dubai-based company that operates a water treatment centre for Riffa Views last month said it was planning to sh


Imdaad among UAE’s top 10 smart storytelling brands

Imdaad, a leading provider of integrated facilities management solutions in the GCC, said it was recently featured in the ‘Top 10 UAE Smart Storytelling Brands’ at the Social Insights 2014 social media event held at in Dubai, UAE. The company was adjudged second for i


ADPC launches ‘Maqta Gateway’ project

Abu Dhabi Ports Company (ADPC) has launched the ‘Maqta Gateway’ project, a new innovative port community system project. The system has been designed in line with international standards and will serve the community by interlinking all of the relevant parties involved


Design professionals meet at Autodesk event in Dubai

The third edition of Autodesk University Extension (AUx) Dubai 2014, a premier learning and networking event for design and engineering professionals in the Middle East, opened today (December 17) at the Dubai World Trade Centre (DWTC). It aims at attracting more than 1,000 parti

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