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Infrastructure and Property

Infrastructure and Property latest

Modon awards the largest residential construction contract in Abu Dhabi in 2025 for Nawayef East and Nawayef West on Hudayriyat Island
December 21st, 2025 - 03:09 GMT

Modon awards the largest residential construction contract in Abu Dhabi in 2025 for Nawayef East and Nawayef West on Hudayriyat Island

Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED 5 billion, the contract is the largest awarded for residential in Abu Dhabi in 2025. The contract is for construction of 735 luxury villas, underscoring Modon’s commitment to delivering projects to the highest global standards. Homes will be positioned on the world’s largest man-made hills, rising to heights of 45 and 55 metres respectively – a first for residential developments in the area ...
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Prime office rents for upper floors in skyscrapers in the emirate are priced at $43.50 per sqft per annum. (File photo)
September 18th, 2016 - 05:04 GMT

Sky high: Dubai makes top 20 list of world's most expensive office rents

Construction cranes behind Mecca's Grand Mosque, 2008. (AFP/Khaled Desouki)
September 11th, 2016 - 10:00 GMT

Mecca expansion projects to proceed despite troubled construction sector: Mayor

The mall is located in 6th of October City and will feature more than 350 lifestyle, entertainment, and convenience-oriented outlets, and 50 food and beverage outlets. (Majid Al Futtaim)
September 11th, 2016 - 09:00 GMT

Majid Al Futtaim's $673M Mall of Egypt slated for March opening

The project is strategically located in Mawaleh in Muscat. (File photo)
September 11th, 2016 - 07:00 GMT

Kuwait's Al Mazaya to invest in Oman residential housing project

The five-star Marriott Hotel Al Jaddaf in Dubai.  (Marriott)
September 8th, 2016 - 08:00 GMT

Marriott to open 11 new MENA hotels by end 2016

The overall project could take anywhere up to 15 years to develop into its full potential.  (File photo)
September 8th, 2016 - 05:59 GMT

Dubai's $8B Wholesale City courts investors for phase one of development

The library will host over 100 cultural and cognitive events yearly, a permanent art gallery, and a home for specialised institutions that support development of Arabic language content. (Protenders)
September 7th, 2016 - 12:00 GMT

Dubai: $272M contract awarded for construction of mega library

Elan Group has run flagship events such as the Qatar Motor Show, while Live Nation has staged numerous world-class concerts over Dubai Music Week. (Wikimedia Commons)
September 7th, 2016 - 11:00 GMT

Qatar World Cup 2022: Elan Group, Live Nation partner to manage two stadiums

AKOYA by DAMAC
September 7th, 2016 - 08:26 GMT

DAMAC Properties achieves major milestone in AKOYA by DAMAC with 1,350 villas and apartments ready for handover in October 2016

Fundraising in the region has dried up this year after the drop in oil prices affected demand for new public offerings. (File photo)
September 7th, 2016 - 06:00 GMT

IMG Worlds of Adventure owners consider financing options as cheap oil bites

AKOYA Millennials
September 7th, 2016 - 03:40 GMT

DAMAC Properties launches AKOYA Imagine 2.0

More than 200,000 square metres of country pavilions will also be reused as collaborative work spaces to house companies and other institutions. (File photo)
September 6th, 2016 - 08:00 GMT

No white elephants: Dubai Expo 2020 site will become 'business ecosystem'

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