Nakheel offers early debt repayments, according sources
Nakheel PJSCÂ is offering to expedite payment of arrears to contractors who are willing to reduce the debt, Arabian Business reported, citing a contractor.
The...
Tayseer gets underway
Construction works on many projects in Dubai progress steadily, but many developments are still in a need of funding. Dubai property prices have fallen...
Nakheel Unveils Master Plan Vision for Dubai Islands
Nakheel, the Dubai-based master developer, has unveiled a new vision for the Dubai Islands, redefining the waterfront living concept. Comprised of five islands with...
Winner of Mohammed Bin Rashid Al Maktoum Business Award in Construction...
Al Fara'a General Contracting Company bags the prestigious Mohammed Bin Rashid Al Maktoum Business Award
The Al Fara’a Group perpetuates its saga of victories in...
Versace expects to finish Palazzo in Dubai
Versace is committed to completing its AED 2.3 billion (US$626 million) Palazzo Versace Dubai resort, although that depends on Dubai Properties putting the necessary...
Industrial flooring specialists unveil latest solutions in Dubai
Construction industry specialists will meet and discuss the latest in concrete flooring solutions at a seminar hosted by Fars Al Mazrooei Contracting, a leading...
Palazzo Versace Construction Update
Palazzo Versace Dubai is being developed on 130,000 square meters, once completed it will include, restaurants, spa, 188 condominium residences, penthouses, 148 hotel rooms...
Drake & Scull wins AED 1 bln contracts in Abu Dhabi
Drake and Scull Water and Power (DSWP), a unit of Drake and Scull International (DSI), has announced that it has been awarded the entire...
Government of Dubai continues to meet all its contractual obligations
Statement from Dubai Department of Finance
The Department of Finance, Government of Dubai, issued the following statement today in response to an inaccurate and misleading...
New entertainment waterfront destination set for opening in Abu Dhabi
Within the framework of one of the most successful public-private partnerships between Al Barakah International Investment (BII) and Abu Dhabi Municipality, BII today announced...
Burj Khalifa bags ‘Award of the Year’
Burj Khalifa, the tallest building in the world, has won the award of the year for the best construction project in the Gulf Cooperation...
Vento Tower by ANAX Developments Breaks Ground
Catering to Dubai's Dynamic and Discerning Homebuyers
A New Benchmark for Quality and Excellence in Urban Living
The event unveiled an exceptional payment plan with a...
DEWA signs 5 contracts for new projects at cost AED1billion
On the second day of the activities of the 13th Water, Energy and Environment Exhibition 2011 (WETEX), Dubai Electricity and Water Authority (DEWA) celebrated...
Construction continues at Dubai Pearl
3.5 million man hours worked, with 60,000 cubic meter of concrete poured on the 20 million sq ft Dubai Pearl project
Construction of Dubai Pearl...
New Midday Break for Outdoor Workers in UAE
The Ministry of Labour has announced a new regulation for firms and companies in the United Arab Emirates that bans outdoor work between 12.30...
Dubai developers can utilise $2.2 bln escrows
Dubai developers have access to up to $2.2 billion from escrow accounts to cover construction commitments, the emirate's property regulator said in a strategy...
Hotel Development in Prime GCC Tourism Destinations Growing at Six Times...
Latest STR report highlights massive hotel development plans in Makkah, Doha, Riyadh, Medina, Muscat and Dubai
ATM 2022 organisers expect significant presence at live event...
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...