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Work on $1bn Bahrain resort haltedWork on a $1 billion (BD378 million) luxury resort in Bahrain shows no sign of resuming, a year after construction was brought to a halt. The Salam Bahrain Beach Resort and Spa should have been completed on Bahrain's southwest coast la More… |
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Dubai Holding completes phase I revampDubai Holding announced that the first phase of the company’s restructuring program has been completed with the formation of two verticals, Property and Business Parks. The formation of these two verticals is the first step in executing th More… |
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$545m Bahrain resort project hit by crisisThe fate of a massive project on Bahrain's southwest coast is hanging in the balance, with bills worth millions of dinars allegedly unpaid and work at a standstill for the past six months, a report said. Construction of the $545 millio More… |
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Sama Dubai scraps Bahrain resort contractA joint venture between Bahrain's Nass Corporation and South Africa's Murray & Roberts Holdings said on Tuesday its contract to build a hotel resort for Sama Dubai in Bahrain had been terminated. The contract covered the luxury More… |
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Sama Dubai mulls job cuts, reviews projectsSama Dubai, a property developer owned by the ruler of the emirate, said on Thursday it is considering job cuts and reviewing its project pipeline. 'While it is true that Sama Dubai like many other organisations is currently reviewing More… |
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Sama Dubai opens sales centre in TunisiaSama Dubai has opened its marketing and sales centre for the Dh95 billion ($25 billion) Mediterranean Gate project, being developed in partnership with the Tunisian government, in the capital city of Tunis. Sama Dubai is the inte More… |
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Sama projects set for Cityscape debutSama Dubai, the international real estate investment and development arm of Dubai Holding, will showcase a model each from its three existing brands - ‘Salam’, ‘Dubai Towers’ and ‘Urban Developments’ at Cityscape Dubai. The company’s More… |
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Sama Dubai releases first CSR ReportSama Dubai, the international real estate investment and development arm of Dubai Holding, has released its first-ever corporate social responsibility (CSR) report and has outlined its core values and mission towards CSR. The Sama Dubai re More… |
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$1bn Salam Resort Bahrain work on trackPhase 1 of Salam Resort Bahrain, which is being developed at a cost of $1 billion near the Bahrain International Circuit, is scheduled to be completed by the end of next year. It will include a 285-room luxury beach hotel, seven waterfron More… |
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95pc 'Lagoons Islands' work overSama Dubai, the international real estate investment and development arm of Dubai Holding, said it has successfully completed over 95 per cent of work on the water front (water-edging) at ‘The Lagoons.’ A 70 million sq ft Dubai Creek water More… |
