The cost of construction in the UAE is lower than most - if not all - developed cities mainly due to intense competition and low wages in the construction industry, a new report reveals.

Mohammed Saif Al Suwaidi: ADFD-funded projects in Bahrain contribute to sustainable development.

Al Mazaya Holding has launched a Ramadan promotional campaign with mouthwatering deals for its Mazaya Residence, one of the top integrated projects in the heart of Muscat.

Sixth of October Development & Investment Company “SODIC” has released its consolidated financial results for the quarter ended 31st of March 2018.

Aldar Properties, has won “Green School of the Year” at the 2018 MENA Green Building Awards for Al Mamoura Academy, operated by Aldar Academies.

Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, an Abu Dhabi-based private real estate investment and development company, has launched Sapphire Beach Residence, the second residential building of the flagship Maryam Island project in Sharjah.

The Pointe, Nakheel’s AED800 million, 1.4 million sq ft waterfront dining and entertainment destination on Palm Jumeirah, is nearing completion and will open towards the end of 2018, the master developer has announced.

The first investors in Emaar South, the 7 square kilometre mega-development – a joint venture of Emaar Properties and Dubai South – can look forward to checking into their new homes next year.

MAG Lifestyle Development (MAG LD), the property development arm of the MAG Group Holding, has invited brokers from across the UAE to attend an exclusive event at the company’s sales centre in the Emirates Financial Towers.

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced its readiness for summer, through its 73 district cooling plants in Dubai.

Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), has concluded its successful business trip to Jordan.

Arabtec Holding, a leading contractor for social and economic infrastructure, has registered a three-fold growth in its net profit for the first quarter which rose to Dh63.6 million ($17.3 million) from Dh17.6 million ($4.7 million) last year.

Jumeirah Golf Estates (JGE), the world-class residential golf destination offering luxury homes and leisure facilities set amid two internationally-acclaimed championship golf courses, has seen strong demand to the latest release in the Alandalus development programme.

Dubai Properties’ flagship project 1/JBR, taking shape on one of the final plots of land in the sought-after Jumeirah Beach Residence (JBR) district, is on track for a timely handover in Q4 2019.

Dubai Holding has announced it will invest up to AED 1 billion over the next five years to launch a next generation digital bank for the UAE, with plans to expand services across the Middle East and North Africa region.