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Infrastructure and Property

Infrastructure and Property latest

Azizi Developments begins rollout of AED 75 billion hospitality investment with first five-star hotel in Dubai
March 10th, 2026 - 06:32 GMT

Azizi Developments begins rollout of AED 75 billion hospitality investment with first five-star hotel in Dubai

Azizi Developments, a leading private developer in the UAE, has laid the foundation for its first five-star hotel, marking the beginning of the rollout of its AED 75 billion hospitality investment plan that will further enrich Dubai’s world class tourism infrastructure. Located within the Azizi Riviera community in Mohammed Bin Rashid City, the five-star hotel is among ten hotel developments across various categories that are currently in design, development, or construction stages. These projects are being delivered through Azizi Developments’ in-house capabilities, leveraging the company’s integrated expertise across development, construction ...
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The company recorded a second quarter net profit at Dh95.6 million, compared to Dh130 million a year earlier.
August 14th, 2017 - 09:45 GMT

Waha Capital H1 Net Profit Hits $49.8 Million

The list of the worst 10 airports around the world has Jeddah at the top, followed by South Sudan and Nigeria closing the top three. (AFP)
August 13th, 2017 - 12:22 GMT

Jeddah's King Abdulaziz Airport Voted 'Worst in the World' by Passengers

Muscat also emerged as the most affordable city to live in the Middle East, along with Khobar and Jeddah in Saudi Arabia. (File photo)
August 13th, 2017 - 12:00 GMT

Oman Third Most Affordable Place to Buy a House in the World: Report

The developer has announced the completion of Azizi Royal Bay in just 22 months. (Courtesy of Azizi Developments)
August 13th, 2017 - 09:50 GMT

Azizi Developments Announces Dh350 Million Project on Palm Jumeirah

The Emaar South residential project. (Trade Arabia)
August 9th, 2017 - 12:03 GMT

Arabtec to Build New Mall in Dubai South

The engineering industry is expected to become a boom sector under the Saudi Vision 2030. (File photo)
August 9th, 2017 - 10:48 GMT

Saudi Arabia Allows 100% Foreign Ownership of Engineering Firms: Details

Deira Islands
August 9th, 2017 - 10:33 GMT

Nakheel Awards AED430 Million Worth of Contracts for Dubai’s Deira Islands

Marina Rise project
August 8th, 2017 - 09:54 GMT

UAE Developer Eshraq Awards Dhs144m Contract for Abu Dhabi Project

The results were 12 per cent higher when compared to the same quarter last year which saw revenues of SAR 407 million. (AFP)
August 7th, 2017 - 12:03 GMT

Dar Al Arkan Registers an Increase in Gross Profit of 18 Percent for H1 2017

Full construction of each house can be completed within two years, with the process reducing consultant’s fees to 3%, instead of 4% or higher.
August 7th, 2017 - 10:35 GMT

ARACO Confirmed to Design Emirati Housing Project

The higher expenses were due to “increased spend promoting Aldar properties throughout the region, particularly Saudi Arabia.” (File photo)
August 6th, 2017 - 10:00 GMT

Abu Dhabi's Aldar Boosts Marketing Spending as Revenue, Profit Fall

Khalil Alzadjali, the newly appointed head of Oman at Cavendish Maxwell. (Trade Arabia)
August 3rd, 2017 - 10:08 GMT

Cavendish Maxwell Opens Office in Oman

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