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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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The construction timeline for the 2,117km-long $200 billion GCC Railway Network that will link all six countries had been pushed back to 2021 from 2018 in the aftermath of the oil price plunge. (Shutterstock)
February 7th, 2017 - 08:07 GMT

MENA rail projects chug along, but is pan-GCC network a distant reality?

Kuwait Opera House image courtesy of Sahar Ghazale/Twitter.
February 7th, 2017 - 06:00 GMT

No casualties reported in Kuwait’s opera house fire

The 2016 results – which take Nakheel’s cumulative results since 2010 to Dh19.9 billion – follow improved year-on-year performances by the company’s retail, hospitality and residential leasing businesses. (File photo)
February 1st, 2017 - 12:00 GMT

UAE developer Nakheel announces record $1.35B net profit

In 2016, the Dubai market registered the highest RevPAR of $200, followed by Jeddah, which registered a RevPAR of $196. (Shutterstock/Esherez)
February 1st, 2017 - 08:00 GMT

Middle East hospitality market witnessed drop in RevPAR in 2016: EY

Yas Viceroy in Abu Dhabi
January 31st, 2017 - 07:03 GMT

Aldar supports dialogue for regional hotel investors as GIOHIS returns

The ocean tank will have 1.7 million litres of sea water and will be stocked with fish and sharks from the coasts of Oman.  (Crossley Architects)
January 26th, 2017 - 09:00 GMT

Oman's Palm Mall Aquarium on track for 2018 opening

The project is aimed at helping ease travel for millions of religious pilgrims who visit the Iraqi city of Karbala each year.  (Adp-i)
January 26th, 2017 - 07:00 GMT

UK's Copperchase wins contract for Iraq's Mid-Euphrates Airport revamp

The unique floating architectural structure is set to become a major future landmark in Dubai's cityscape. (Marasi)
January 25th, 2017 - 07:00 GMT

Dubai: Finland's Admares awarded contract for Marasi Business Bay's floating homes

Marasi Business Bay
January 24th, 2017 - 09:18 GMT

Dubai Properties Title sponsor of the world’s fastest growing watersport, ‘Dragon Boat Festival’ at Marasi Business Bay

AYKON City
January 23rd, 2017 - 10:02 GMT

Last chance to get a car on the house from DAMAC Properties this DSF

This year will also see Bvlgari opening hotels in Beijing and Shanghai, which will be followed by a Moscow presence in 2018-19.  (MyLuxury.it)
January 23rd, 2017 - 05:31 GMT

Bvlgari apartments to bring a touch of bling to Dubai's Jumeirah Bay Island

Egypt's currency devaluation has increased costs for the construction industry, negatively impacting developers’ cash flows.  (AFP/File)
January 18th, 2017 - 12:30 GMT

Egypt's pound devaluation pummels real estate sector

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