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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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In addition to stadiums, Qatar is also undertaking huge and costly projects such as roads, a new airport and hospitals. (File photo)
February 9th, 2017 - 05:18 GMT

Qatar's World Cup 2022 splurge reaches nearly $500M a week

AVFM projects an internal rate of return (IRR) in excess of 18 – 21 percent. (Shutterstock)
February 7th, 2017 - 09:49 GMT

Qatar Holding invests $250M in India fund for affordable housing

The construction timeline for the 2,117km-long $200 billion GCC Railway Network that will link all six countries had been pushed back to 2021 from 2018 in the aftermath of the oil price plunge. (Shutterstock)
February 7th, 2017 - 08:07 GMT

MENA rail projects chug along, but is pan-GCC network a distant reality?

Kuwait Opera House image courtesy of Sahar Ghazale/Twitter.
February 7th, 2017 - 06:00 GMT

No casualties reported in Kuwait’s opera house fire

The 2016 results – which take Nakheel’s cumulative results since 2010 to Dh19.9 billion – follow improved year-on-year performances by the company’s retail, hospitality and residential leasing businesses. (File photo)
February 1st, 2017 - 12:00 GMT

UAE developer Nakheel announces record $1.35B net profit

In 2016, the Dubai market registered the highest RevPAR of $200, followed by Jeddah, which registered a RevPAR of $196. (Shutterstock/Esherez)
February 1st, 2017 - 08:00 GMT

Middle East hospitality market witnessed drop in RevPAR in 2016: EY

Yas Viceroy in Abu Dhabi
January 31st, 2017 - 07:03 GMT

Aldar supports dialogue for regional hotel investors as GIOHIS returns

The ocean tank will have 1.7 million litres of sea water and will be stocked with fish and sharks from the coasts of Oman.  (Crossley Architects)
January 26th, 2017 - 09:00 GMT

Oman's Palm Mall Aquarium on track for 2018 opening

The project is aimed at helping ease travel for millions of religious pilgrims who visit the Iraqi city of Karbala each year.  (Adp-i)
January 26th, 2017 - 07:00 GMT

UK's Copperchase wins contract for Iraq's Mid-Euphrates Airport revamp

The unique floating architectural structure is set to become a major future landmark in Dubai's cityscape. (Marasi)
January 25th, 2017 - 07:00 GMT

Dubai: Finland's Admares awarded contract for Marasi Business Bay's floating homes

Marasi Business Bay
January 24th, 2017 - 09:18 GMT

Dubai Properties Title sponsor of the world’s fastest growing watersport, ‘Dragon Boat Festival’ at Marasi Business Bay

AYKON City
January 23rd, 2017 - 10:02 GMT

Last chance to get a car on the house from DAMAC Properties this DSF

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