Monday 30 May 2016

UAE college to build new campus in Masdar City

Emirates Investment Bank, a leading investment banking boutique headquartered in Dubai, said it has secured major funding for Abu Dhabi-based Emirates College of Technology (ECT) to build its new campus in Masdar City. The campus, being built on a 20,790-sq-m plot of land, will a


Cluttons names Dubai business head

Leading international real estate consultancy Cluttons has announced a senior appointment within its UAE business, with Murray Strang being named as the new head of Cluttons Dubai. With Cluttons’ business continuing to grow in the UAE against the backdrop of a challenging r


Australia's first six-star luxury property debuts in Dubai

Leading developer LK Property Group introduced its new Dh2.1-billion ($572 million) development, Capitol Grand, the first six-star residential and luxury retail destination in Australia, to an audience of Emirati and Gulf realty investors in Dubai, UAE. The project, which is loca


Oman to complete key sewage plant expansion in 2017

Haya Water, a major government-owned water reuse company in Oman, said expansion work on the Al Ansab sewage treatment plant (STP) was progressing well and was due for completion by July next year. The STP presently provides more than 57,000 cu m per day of reuseable water to a l


RTA awards $191m Dubai Water Canal contract

Dubai's Roads and Transport Authority (RTA) has awarded a Dh703-million ($191 million) contract for the construction of the fourth and fifth phases of the Dubai Water Canal project. The Dubai Water Canal project is a unique tourist landmark development offering a new lifestyle patt


Qatar's property insurance to hit $1.8bn by 2019

The property insurance market in Qatar is expected to remain the largest in the non-life insurance sector at QR6.4 billion ($1.8 billion) over the next three years, said a report. A new report from Timetric predicts a bright future for property insurance in Qatar, fuelled by proj


Bahrain to develop marine museum complex

Bahrain is set to develop a marine museum complex, a first for the country, which will boast a mini-fish tanks section, coastal animals and birds sanctuary, water rides, a diving and snorkelling training centre and other facilities, said a report. For further details, please visit


Danish architects win Dubai 'green' school project

UAE-based Diamond Developers has awarded a key contract to Danish architect and design practice Cebra for designing a hi-tech school inside 'The Sustainable City', its first residential community in Dubai. The project aims at rethinking teaching and learning environments


Saudi-Egyptian JV unveils $3.6bn residential project

Mountain View-Sisban, a joint venture between Saudi-based Sisban Holding and leading developer Mountain View, has launched its giant $3.6-billion luxury residential project in New Cairo, Egypt. The project’s general layout will encompass a comprehensive urban community that


Etihad Rail wins top GCC railway project award

Etihad Rail, the developer and operator of the UAE's national rail network, said it has won top honours at the Middle East Economic Digest’s (Meed’s) 2016 Quality Awards for Projects for the Stage One of the project. The award winners were announced at a grand cer

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