November 17, 2018

Aldar plans for new markets, property types

Dubai: Abu Dhabi’s Aldar Properties is considering new territories — Dubai and Saudi Arabia — as well as the new categories of industrial and logistics assets to widen its revenue sources.

Dubai"...

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November 15, 2018

Azizi Aliyah Residences- AED 470 Million Project In Final...

Azizi Developments, one of the leading private developers in the UAE, has announced a construction update for its upcoming AED 470 million project in Dubai Healthcare City, Azizi Aliyah Residences.

Construction"...

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November 14, 2018

Sarens launches 250,000 metric tonne crane

Belgium-based crane rental comany Sarens has launched the SGC-250 crane, which according to the company, is the largest in the world in both size and capacity. This crane has a maximum load moment of 250,000 metric tonnes, allowing it to lift 5,000 tonnes. At a larger radius of 100 metres,"...

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November 14, 2018

Equity to develop new residential project in New Capital...

Equity Real Estate Developments intends to implement a new residential project in the New Administrative Capital, on an area of 53 feddan, CEO Haitham Samir told Daily News Egypt.

Samir said that the project will"...

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November 14, 2018

Farhad Azizi: New Mortgage Rules Can Be a Game Changer

Indeed, the UAE’s banking sector has paved the way to help hundreds of thousands of people accomplish their aspirations of owning a ‘dream home’, which has fostered their sense of belonging to the nation. Across the world, evolved and mature property markets are invariably"...

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November 13, 2018

Warren Buffett eyes Dubai amid push to take property arm...

One of Warren Buffett’s real estate brokerages waited 18 years to sign its first overseas franchise deal.

Now the firm is extending its reach to regions from Italy to Japan and the Middle East.

Berkshire"...

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November 11, 2018

Dewa awards Dh288m contract for construction of reservoirs...

Dubai Electricity and Water Authority, the utilities regulator for the emirate, has awarded a contract worth Dh288 million for the construction of two 60 million gallon reservoirs in Al Nakhali in the Hatta region, south-east of Dubai.

The"...

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November 11, 2018

Alkhabeer Capital opens subscription to 237m riyal Reit...

Alkhabeer Capital has opened the subscription to its 237 million riyals (Dh232.1m) Sharia-compliant real estate investment trust (Reit) initial public offering, following an increasingly popular strategy among regional asset managers to raise funds through equity markets by listing income-yielding"...

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November 4, 2018

Pantheon Development Announces CJ Tech Contracting As Main...

Pantheon Development, a subsidiary of Pantheon Group, on Thursday, announced CJ Tech Contracting (L.L.C) as the main contractor for the construction of its Pantheon Elysee project in Dubai. The future development has 268 residential units as well as commercial units.

Pantheon"...

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October 24, 2018

Mace Macro appoints Michael Coley as director of operations-...

ews in brief: -Mace Macro has appointed Michael Coley as director of operations for Middle East, North Africa and Pakistan region -Coley will work to drive operational efficiencies, business growth and performance improvements -The company recently relocated to fully refurbished offices in Marina Plaza Mace Macro, Mace’s facilities management business, has appointed Michael Coley as director of operations for Middle East, North Africa and Pakistan (MENAP) region. Coley will lead the managed services team and work across the company......

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