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Sunday, November 19, 2017

Construction

Construction

TECOM Group to Develop Emirates Towers Business Park

TECOM Group, a member of Dubai Holding, announced its appointment to develop and operate the recently announced “Emirates Towers Business Park”. In accordance, the...

Dubai’s Newest Marina at Marasi Business Bay Breaks Ground

Dubai Properties, a leading Dubai-based real estate master developer and asset manager, has announced the commencement of work on the new Marasi Business Bay...

Mirdif Hills Project Progresses as per Schedule

Dubai Investments Real Estate Company , a subsidiary of Dubai Investments PJSC , has announced the completion of preparation work including excavation and shoring...

GCC hospitality projects value exceeds US$148 in Q1 2017

The total value of 1,153 hospitality projects in the six members of the Gulf Co-operation Council, GCC, exceeded US$148.4 billion (AED544.62 billion) in the...

Dubai Development Moves from Form to Function

Once a playground for developers to design the most iconic and flamboyant buildings in the world, Dubai is maturing into a city where financially...

Positive Year Ahead for Dubai Construction

4,000 active projects in Dubai valued at $313.6 billion Dubai’s strong construction trends look set to continue through 2017 according to BNC’s Construction Analytics across...

Expo 2020 Dubai Announces 47 Construction Contracts

98 non-construction contracts worth AED 360 million also to be awarded in 2017 Global companies Orascom-Besix awarded contract in Q4 2016 to develop...

160,000 Hotel Rooms under Construction in the Middle East

STR’s November 2016 Pipeline Report shows 159,922 rooms in 560 projects Under Contract in the Middle East and 58,878 rooms in 316 projects Under...

Construction to begin on “Gate Avenue at DIFC”

•    “Habtoor Leighton Group” awarded the estimated AED 500 million contract •    Urban living concept in the heart of Dubai expected for completion by end...

Wind Tests Complete on Upcoming World’s Tallest Tower

Anyone who has stood atop a skyscraper as Dubai’s Burj Khalifa, can attest to the power of nature at such heights. Not only is the...

Dubai developers scale back on handovers

Some property buyers will not be moving into their new homes any time soon — Dubai developers have scaled back considerably on the pace...

Dubai gears up to execute 3D printing building technology

Dubai Municipality has amended building rules to execute 3D printing technology in construction sector, a top official said. Essa Al Maidour, Deputy Director of Dubai...

2016’s Most Expensive Cities to Build Ranked; Construction Cost in UAE...

Zurich and New York are the world’s most expensive cities in which to build, closely followed by London. At nearly US$3,700 per m2, average construction...

Alternative solutions needed to fund capital projects in GCC

The new economic reality of lower oil prices will constrain the amount of funding available to the Gulf Cooperation Council’s (GCC) governments to finance...

21,000 Hotel Rooms Under Construction in Dubai

STR’s April 2016 Pipeline Report shows 152,580 rooms in 541 hotels Under Contract in the Middle East and 55,078 rooms in 289 hotels Under...

Construction Works on Langham Place Downtown Dubai Begin in a Week

Omniyat Group, a leading luxurious real estate developer in Dubai, has awarded the enabling works contract for its AED 1 billion ($272 million) Langham...

Prices of construction materials on the rise in Abu Dhabi

Statistics Centre - Abu Dhabi (SCAD) released today its latest monthly statistical report on prices of construction materials in the Emirate of Abu Dhabi,...

Post Removal of International Sanctions- Iran Construction Equipment Market is All...

Iran is one of the most potential and untapped markets in the Middle-East region. Iran market declined sharply during 2012-15 due to the imposition...

Manazel Al Khor project 70% complete

Handover of the luxury residential project handover set for summer 2016 Manazel Al Khor, the luxury residential project overlooking the historic Dubai Creek, being developed...

Funding the GCC’s infrastructure: is it time for Public Private Partnerships?

Ultra-low oil prices will continue to limit cash available to sovereigns in the Gulf Cooperation Council countries over the near term. Clearly GCC governments...

World’s largest wellness village to launch in Dubai Healthcare City Phase...

Dubai Healthcare City, a health and wellness destination, today announced the launch of the world’s largest wellness concept in its Phase 2 expansion in...

Construction commences on ICD Brookfield Place

Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai, and Brookfield Property Partners today announced the groundbreaking of ICD...

World Reaches 100 Super-tall Skyscrapers; Dubai dominates with 18

World Reaches 100 Super-tall Skyscrapers with Completion of 432 Park Avenue There are now officially 100 supertall (300-plus-meter) skyscrapers in the world following the completion of...

The Address Downtown restoration will surpass previously known grandeur

In line with the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to...