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Infrastructure and Property

Infrastructure and Property latest

His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan Inaugurates Aed 100 Billion Marsa Al Saadiyat
July 23rd, 2026 - 03:54 GMT

His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan Inaugurates Aed 100 Billion Marsa Al Saadiyat

Aldar today unveiled Marsa Al Saadiyat, activating the final phase of Saadiyat Island’s masterplan and marking a defining milestone in the island’s evolution into one of the most desirable addresses in the world. With a gross development value of AED 100 billion, Marsa Al Saadiyat will be developed into a luxurious waterfront destination, shaped by the rhythms of Arabian coastal life and the island’s cultural setting. The destination was inaugurated by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the ...
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Recurring revenue from Emaar’s shopping malls and retail, hospitality and leisure, commercial leasing and entertainment businesses represents 38 percent of the total revenue. (File photo)
August 14th, 2017 - 02:26 GMT

UAE's Emaar Properties Records 15 Percent Growth in Net Profit for H1 2017

The contractor posted a net loss of Dh199 million for the second quarter of 2017. (File photo)
August 14th, 2017 - 02:19 GMT

Drake & Scull Fires CEO, Completes Sale of Majority Stake

The property market in Dubai continues to demonstrate further stabilization following the turbulence seen in 2016 with the drop in oil prices and sluggish global trade. (File photo)
August 14th, 2017 - 01:26 GMT

Damac Reports Growth in Sales Performance, Revenues for H1 2017

Downtown Dubai by Emaar Properties
August 14th, 2017 - 11:39 GMT

Emaar Properties Records 22 Percent Growth in Dubai Property Sales to AED10.814 Billion


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

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