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Infrastructure and Property

Infrastructure and Property latest

Azizi Leads Dubai’s Off-Plan Market with AED 1.46 billion in Sales in May 2026
June 12th, 2026 - 05:51 GMT

Azizi Leads Dubai’s Off-Plan Market with AED 1.46 billion in Sales in May 2026

Azizi Developments, a leading private developer in the UAE, has ranked first among all developers in Dubai by off-plan sales volume in May 2026, registering 1,601 transactions with a total value of AED 1.46 billion. The milestone highlights the developer’s strong market position, placing it first in terms of units sold and second by total sales value across the emirate during the month. Building on this momentum, Azizi has continued to record strong sales activity into June. Reflecting the strong appeal of its diverse portfolio and its commitment to delivering ...
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Egypt's decision to hike fuel prices will reflect on the cost of carrying out construction projects. (File photo)
July 3rd, 2017 - 12:41 GMT

Egypt: New Fuel Prices Push Construction Costs by up to 15 Percent

Arabtec said EFECO had entered into a contract with Al Naboodah for a Dhs113m project for the MEP works of the Creekside 18 development.
July 3rd, 2017 - 09:25 GMT

Arabtec Unit Wins Dhs113m Contract for Project at Dubai Creek Harbour

Located at the heart of The Palm’s Al Ittihad Park, the station is a stone’s throw from The Golden Mile and within easy reach of The Shoreline Apartments.
July 3rd, 2017 - 09:12 GMT

Nakheel Opens New Monorail Station on Dubai’s Palm Jumeirah as Annual Passenger Figures Top One Million

Madinat Jumeirah in Dubai. (Photo Courtesy of Jumeirah)
July 2nd, 2017 - 12:28 GMT

Dubai's Jumeirah Group Appoints Interim CEO as Chief Steps Down

Foreign laborers work at a construction site in Riyadh on October 30, 2013. (Fayez Nurelddine/ AFP)
July 2nd, 2017 - 11:51 GMT

Invest in Saudi Arabia: Real Estate Prices Drop in Mecca and Riyadh

Previous CEO Alaa Batayneh (R) during a signing ceremony with Jordan Ahli Bank on August 7, 2016. (Courtesy of Eagle Hills)
June 29th, 2017 - 09:11 GMT

Douglas Small Succeeds Alaa Batayneh as CEO of Eagle Hills Jordan

Emirati traders follow the stock market activity at the Dubai Financial Market. (Karim Sahib/ AFP)
June 28th, 2017 - 10:41 GMT

Arabtec Share Price Falls 9 Percent After Recapitalization

A Memorandum of Understanding was signed by Hussain Sajwani, Chairman of DAMAC Properties, and His Excellency Dr. Ali bin Masoud Al Sunaidy, Deputy Chairman of the Supreme Council for Planning, Minister of Commerce & Industry and Chairman of Omran, in the presence of His Excellency Dr. Ahmed Al Futaisi, Minister of Transport & Communications and Omran board member, as well as other members of the Omran board and key dignitaries.
June 22nd, 2017 - 09:30 GMT

DAMAC Chosen for USD1 Billion Historic Port Transformation of Oman’s Waterfront Tourist Development

A construction employee working atop a skyscraper in Dubai. (File photo)
June 21st, 2017 - 12:44 GMT

Arabtec Increases Share Capital to $1.6 Billion, From $1.2 Billion

Emaar Properties chairman Mohamed Alabbar speaking at a conference in Dubai. (File photo)
June 21st, 2017 - 11:13 GMT

Dubai’s Emaar Properties Appoints New Group CEO

Viceroy hotel on Abu Dhabi's Yas island. (AFP)
June 20th, 2017 - 10:05 GMT

Abu Dhabi's Mubadala Eyes Remaining 50 Percent Share in Viceroy Group

Some 8,000 workers will be transferred to other companies. (AFP/ File)
June 19th, 2017 - 06:00 GMT

Saudi Oger's Employees to Be Transferred to Other Companies: Ministry of Labor

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