News

Nakheel awards $50m contract for Ibn Battuta hotel

Nakheel awards $50m contract for Ibn Battuta hotel

23/03/17

Dubai developer continues AED3 billion hospitality expansion with another 375 rooms at retail hub. Dubai developer Nakheel says it has awarded a construction contract worth AED184.5 million ($50 million) for a second hotel at Ibn Battuta Mall. Dubai-based Parkway International Contracting LLC has been appointed to build the 375-room hotel, which has a total project […]

Aldar to invest $517m on Yas, Reem islands

Aldar to invest $517m on Yas, Reem islands

23/03/17

Abu Dhabi developer gives details of four new projects including Shams Marina. The Abu Dhabi-listed Aldar Properties says it is to invest AED 1.9 billion ($517 million) in four new projects on Yas and Reem islands. The allocation of the recurring revenue on the projects completes a AED 3 billion investment programme, the developer said. […]

India’s L&T wins $76m Doha Metro contract

India’s L&T wins $76m Doha Metro contract

23/03/17

L&T Electrical & Automation wins deal to handle building automation and control systems for 37 stations. L&T Electrical & Automation (LTEAFZE) has won an order worth $76 million from Qatar Rail Company (QRAIL) for Phase 1 of Doha Metro, it said in a statement. The scope of the order encompasses supply, installation, testing, integration, commissioning […]

Abu Dhabi approves $64m in infra projects

Abu Dhabi approves $64m in infra projects

23/03/17

$29m development of Sheikh Zayed bin Sultan Road the biggest package among approved projects. Abu Dhabi’s Executive Committee at the Executive Council has approved several projects worth a total of $64 million in the emirate of Abu Dhabi, as part of the Abu Dhabi Plan, it has been announced. According to a statement issued on […]

Work starts on Dubai’s Meydan One Mall

Work starts on Dubai’s Meydan One Mall

23/03/17

Mohammed bin Rashid, Ruler of Dubai, leads official groundbreaking of mega development. Construction works have begun at the Meydan One Mall in Dubai, part of a wider mega development that is set to break several world records. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, […]

Revealed: Meydan Mall One to have world's biggest dancing fountain

Revealed: Meydan Mall One to have world’s biggest dancing fountain

16/03/17

Meydan Group has revealed more details about its plans to build the Meydan One Mall in Dubai, which will feature the largest dancing water fountain in the world, measuring 400m in width and 100m in height. The centre point of the much anticipated Meydan One mega development, launched in August 2015 by Sheikh Mohammed bin […]

UAE's newest developer unveils first Sharjah project

UAE’s newest developer unveils first Sharjah project

16/03/17

ARADA, the UAE-based developer started by Prince Khaled bin Alwaleed bin Talal, the only son of Saudi billionaire Prince Alwaleed, has announced the launch of its first project in Sharjah. With an expected completion date for late 2018, Nasma Residences will offer more than 800 homes plus community facilities, a statement said. In January, Prince […]

Dubai firm to build world's first 3D printed skyscraper

Dubai firm to build world’s first 3D printed skyscraper

16/03/17

Dubai-based construction technologies firm, Cazza, has announced plans to build the world’s first 3D printed skyscraper. The firm will be able to 3D print high rise towers using a new construction technique called ‘crane printing’, according to Construction Week Online. Cazza will use cranes with added units that are specifically created for building 3D printed […]

UAE's Aldar set to open 2.4km Reem Island canal

UAE’s Aldar set to open 2.4km Reem Island canal

16/03/17

Developer says final testing is underway ahead of scheduled flooding in early April. Aldar Properties has announced that it is preparing to open one of its key amenities within its Shams development on Reem Island – a 2.4km canal running through the heart of the community. Final testing and commissioning work is well underway ahead […]

Danube unveils $82m residential project in Dubai

Danube unveils $82m residential project in Dubai

16/03/17

Resortz development will offer investors 419 units spread across four acres of land. Danube Properties, the property development arm of the UAE-based Danube Group, has announced the launch of a new realty project in Dubai’s Arjaan neighbourhood. Known as ‘Resortz’, the $82 million project covers an area of more than four acres and offers investors […]

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