Tuesday 18 December 2018

Nakheel’s $182m Dubai beachfront resort on track

Master developer Nakheel said work was progressing as per schedule on the Dh670 million ($182 million) beachfront resort and water park being jointly developed with Spain’s RIU Hotels & Resorts in Dubai, UAE. The 800-room resort is taking shape at Deira Islands, with al


Construction fastest growing sector in Dubai: report

Dubai’s non-oil private sector showed a stronger improvement in November with data reflecting faster expansions in business activity and new work and a stable trend in employment, said a report.   The three main sectors monitored all registered stronger pe


1,890 new housing units hit UAE property market in Nov

Supply and demand remained the key market trends for November with the newly-added residential units for the month surging to 1,890 through completion of six new projects in Dubai and one each in Abu Dhabi and Sharjah, said a report. The fresh residential supply for November saw


Netherlands unveils Dubai Expo 2020 pavilion design

A consortium, comprising Expomobilia, V8 Architects, Kossmann.dejong and Witteveen+Bos, has won the contract to design the Netherlands country pavilion for the mega Expo 2020 gala event in Dubai. The 35th World Expo will take place in Dubai between October 20, 2020 and April 10,


Acwa Power partners with Ecohz for Morocco project

Saudi-based Acwa Power said it has joined forces with Ecohz, key player in energy sector that offers global renewable energy solutions to businesses, organisations and electricity providers, to empower local women and support communities in Morocco. A global leader in water desal


DLD set to host Gulf Real Estate Awards 2019

Dubai Land Department (DLD) and Awards International has announced the launch of the third edition of the Gulf Real Estate Awards, GREA, 2019 following the success of its previous two editions. The deadline for final submissions is January 16, finalists names will be announced on


Saudi Arabia launches Unesco heritage site restoration

Saudi King Salman has launched the restoration of Unesco world heritage site at Al Turaif in Ad Diriyah region of the kingdom. A historical district, Al Turaif is said to be one of the only living museums and the largest mud-brick city in the world. This comes as part of a develo


Dubai crowned district cooling ‘Champion City’

Dubai has been crowned as the ‘Champion City’ of the district cooling sector globally, showcasing a cooling capacity of nearly 2 million refrigerator tons.   The title was conferred on Dubai at the 8th edition of the International District Energy Ass


Top developers gear up for Cityscape Jeddah

Leading local and international developers will be showcasing their latest real estate projects and investment opportunities from across the property spectrum to homebuyers and investors, at the Cityscape Jeddah property expo being held in the Saudi city next year. Part of the Ci


Emaar launches business development ops in China

Emaar, the developer of the iconic Burj Khalifa and the upcoming Dubai Creek Tower, has commenced business development operations in China. This come following the announcement in July of the company’s expansion to the country, coinciding with the historic visit of Presiden

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