Artar's Dubai project on track for 2018 completion
Saudi-based Artar Real Estate Development said its Mada Residences project in Downtown Dubai, is on schedule for completion by the second quarter of 2018, with a topping out ceremony likely to take place next month.
Construction material prices stay stable in UAE
On average, construction material pricing in the UAE remained stable for a second consecutive year during 2016, according to the Colliers International Construction Cost Index.
Emirates Real Estate Fund secures $190m finance
Emirates Real Estate Fund (EREF) has agreed a $190.6 million (Dh700 million) Shari’a compliant finance facility with Emirates NBD, on “attractive” commercial terms.
Dubai South, Deyaar to build new mixed project
A new multi-purpose development will be built on an area of 1.27 million sq ft in Dubai South, according to an MoU signed by Dubai South, the master developer of an emerging city around the new Al Maktoum International Airport, and Deyaar.
$266m infrastructure projects underway in Saudi Arabia
Saudi government is working on infrastructure development projects worth nearly SR1 billion ($266 million) in Thadiq and Huraymila areas of the kingdom mainly with focus on housing, electricity and water sectors, said a report.
Labtech wins key UAE, Eritrea supply contracts
Dubai Investments said one of its units Labtech, a leading player in design, manufacturing and installation of laboratory furniture, has won contract for supply of fire-rated doors and furniture in the UAE and Eritrea.
Kuwait's expat tax move 'to hit property sector badly'
Kuwait's real estate sector, especially the investment and commercial segments, will be severely affected if the government goes ahead with its decision to impose taxes and increase fees on expatriates, said a report.
Dana unveils big Automechanika Mideast plans
US-based Dana, a global leader in highly-engineered driveline, sealing, and thermal-management technologies, is set to introduce its strong lineup of aftermarket products at 2017 Automechanika editions to be held in the Middle East region.
NDigitec to open new facility in Dubai
NDigitec, a leading UAE-based creative production company, is set to open a new, dedicated facility within Dubai Production City aimed at further enhancing its overall fabrication competency in the UAE and the region.
Eco-Villa prototype opens its doors at Masdar City
Eco-Villa, a pilot project incorporating water and energy-saving technologies in Abu Dhabi's Masdar City, has been completed and a UAE national family will soon live in the prototype sustainable dwelling.
Dulsco creates largest recycling logo at EcoWaste
Dulsco, a regional pioneer in waste management services and human resource solutions, has created one of the largest recycling logos with the help of recyclables at EcoWaste 2017, a platform for sustainable waste management.
Dewa outlines clean, renewable energy strategy
Dubai Electricity and Water Authority (Dewa) outlined its key strategies and projects to boost future and clean energy technologies and work towards achieving the UAE’s renewable energy objectives at the Abu Dhabi Sustainability Week 2017.