Monday 24 November 2014

Skai completes 30pc of Dubai Viceroy project

Skai Holdings, a Dubai-based real estate investment company, said it has completed over 30 per cent of the construction work at its $1-billion Viceroy Dubai Palm Jumeirah development, in the UAE, and was on track to open it in 2016. China State Construction Engineering Corporatio


Yas Mall, Abu Dhabi's largest shopping destination, opens

The largest shopping and entertainment destination in Abu Dhabi, Yas Mall, opened to the public today (November 19), a few days ahead of the 2014 Formula 1 Etihad Airways Abu Dhabi Grand Prix. Sheikh Hazza bin Zayed Al Nahyan, national security adviser and deputy chairman of Abu


Cluttons inks Bahrain property management deal

Leading international real estate consultancy Cluttons has been appointed by Kazerooni Group to act as tenant liaison and provide leasing and property management services across the group’s property portfolio in Bahrain. As per the contract, Cluttons will act as the point o


Live products demonstrations on show at The Big 5

International brands and local industry leaders are showcasing cutting-edge products at this year’s The Big 5, PMV Live and Middle East Concrete shows, the region’s biggest construction events, which will run till November 20 in Dubai, UAE. The live demonstrations the


Sharjah offers property on lease for expat buyers

While GCC and Arab nationals will be able to buy freehold properties in an upcoming Dh2 billion ($544 million) mixed-use project in Sharjah, all foreign nationalities will have the option to lease properties for 100 years, a report said. Tilal Properties, the new joint venture be


Dubai Investments unit unveils global expansion plans

Labtec, a leading player in design, manufacturing, installation and commissioning of laboratory furniture and a part of Masharie – a subsidiary of Dubai Investments, is targeting aggressive expansion in the GCC, Asia, Africa and Russia, amid escalating demand across the region.


Jumeirah Golf Estates opens new clubhouse

Jumeirah Golf Estates, one of the most prestigious residential golf communities in the UAE, has announced the official launch of its new clubhouse. Sheikh Ahmed bin Saeed Al Maktoum, the president of Dubai Civil Aviation and chairman and chief executive of Emirates airline and gr


Nakheel signs up Vox Cinemas for Palm Jumeirah mall

Leading regional developer Nakheel has signed a partnership deal with the Middle East’s leading cinema and entertainment destination - Vox Cinemas - for its upcoming mall project on the Palm Jumeirah in Dubai, UAE. Occupying a two-storey, 60,000-sq-ft area at Nakheel Mall, Vox Ci


Dubai Parks and Resorts secures $1.15bn funding

Dubai Parks and Resorts, a subsidiary of Meraas Holding, said it has secured Dh4.2 billion ($1.15 billion) funding to support its ambitious plan to create the Middle East’s first mega leisure and entertainment destination in Dubai, UAE. The syndicated financing facilities h


Everest to set up fibre cement boards unit in Ras Al Khaimah

Everest Industries, a leading building solutions company in India, has signed an agreement with Ras Al Khaimah Investment Authority (Rakia) to set up a fibre cement boards unit in the latter's industrial park. Everest will invest Dh55 million ($14.97 million) on 750,000 sq ft manuf

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