Arabtec wins investors' nod for $408m rights issue
Arabtec Holding, a leading construction company in the Middle East, said it has won approval from its shareholders for a Dh1.5 billion...
TDIC sees record sales of housing units at Cityscape
Tourism Development & Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu...
Investments of $302 billion needed to meet MENA power demands
The Middle East and North Africa (MENA) are prioritising investments in the power sector and need to invest $302 billion over the next 5...
Ras Al Khaimah launches new economic zone to drive growth
The government of Ras Al Khaimah has launched a new authority aimed to drive the emirate’s development by diversifying its offerings to...
Saudi seeks private sector investments for airport infrastructure
Saudi Arabia’s General Authority of Civil Aviation (GACA) plans to ensure more private sector involvement in developing airports across...
Emaar to open burned out hotel by the end of this year
The Address Downtown Hotel, which was damaged in a fire on New Year’s Eve 2015, will open in Q4 this year, developer Emaar Properties has...
DNO investment in offshore Oman tops $100m
DNO, a Norway-based oil and gas company, has invested more than $100 million in Oman’s Block 8 since started operations of the concession...
Al Forsan launches ‘lease-to-own’ offer at Cityscape
UAE developer Al Forsan Real Estate is showcasing high-end luxurious villas for Emirati investors at the ongoing Cityscape Abu Dhabi 2017...
Abu Dhabi's Zayed City project on track for 2020 launch
Work is progressing well on Abu Dhabi's 45 sq km mixed-use mega-project Zayed City (previously Capital District) project with essential...
MINI, NY architects create new living concept
MINI, a British automotive marque owned by BMW, has teamed up with New York architects SO – IL to create a resource-conscious living...
