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Infrastructure and Property

Infrastructure and Property latest

Palma Development Announces 94% Construction Progress at Serenia Living
October 22nd, 2025 - 03:40 GMT

Palma Development Announces 94% Construction Progress at Serenia Living

Palma Development, one of the pioneering developers in the UAE real estate industry, has announced that Serenia Living, its AED 3 billion ultra-premium beachfront development, currently valued at over AED 6 billion, on the crescent of Palm Jumeirah, has reached 94% completion. This milestone marks a significant step toward final delivery of one of Dubai's most coveted projects, further reinforcing Palma's dedication to timely project delivery. Serenia Living is a uniquely designed development featuring 226 exclusive residences, including two-, three-, and four-bedroom apartments, full-floor and half-floor penthouses, and one of ...
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More than 70 per cent of Afghans have no regular access to electricity. Charbagh village in Nangarhar province, Afghanistan. (AFP/Noorullah Shirzada)
September 20th, 2016 - 04:56 GMT

Afghanistan taps UAE for $6B in infrastructure projects

The Seattle purchase follows a $180M acquisition in Washington DC in February 2016. (Pixabay)
September 19th, 2016 - 04:29 GMT

Bahrain's Investcorp acquires Seattle office block for $223.5M

The newly announced dates for signing the contracts comes following a series of delays. (File photo)
September 18th, 2016 - 09:00 GMT

Progress at last? Renaissance Dam study contracts to be signed this week

Prime office rents for upper floors in skyscrapers in the emirate are priced at $43.50 per sqft per annum. (File photo)
September 18th, 2016 - 05:04 GMT

Sky high: Dubai makes top 20 list of world's most expensive office rents

Construction cranes behind Mecca's Grand Mosque, 2008. (AFP/Khaled Desouki)
September 11th, 2016 - 10:00 GMT

Mecca expansion projects to proceed despite troubled construction sector: Mayor

The mall is located in 6th of October City and will feature more than 350 lifestyle, entertainment, and convenience-oriented outlets, and 50 food and beverage outlets. (Majid Al Futtaim)
September 11th, 2016 - 09:00 GMT

Majid Al Futtaim's $673M Mall of Egypt slated for March opening

The project is strategically located in Mawaleh in Muscat. (File photo)
September 11th, 2016 - 07:00 GMT

Kuwait's Al Mazaya to invest in Oman residential housing project

The five-star Marriott Hotel Al Jaddaf in Dubai.  (Marriott)
September 8th, 2016 - 08:00 GMT

Marriott to open 11 new MENA hotels by end 2016

The overall project could take anywhere up to 15 years to develop into its full potential.  (File photo)
September 8th, 2016 - 05:59 GMT

Dubai's $8B Wholesale City courts investors for phase one of development

The library will host over 100 cultural and cognitive events yearly, a permanent art gallery, and a home for specialised institutions that support development of Arabic language content. (Protenders)
September 7th, 2016 - 12:00 GMT

Dubai: $272M contract awarded for construction of mega library

Elan Group has run flagship events such as the Qatar Motor Show, while Live Nation has staged numerous world-class concerts over Dubai Music Week. (Wikimedia Commons)
September 7th, 2016 - 11:00 GMT

Qatar World Cup 2022: Elan Group, Live Nation partner to manage two stadiums

AKOYA by DAMAC
September 7th, 2016 - 08:26 GMT

DAMAC Properties achieves major milestone in AKOYA by DAMAC with 1,350 villas and apartments ready for handover in October 2016

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