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Infrastructure and Property

Infrastructure and Property latest

Azizi Developments Signs MoU with Hyprlift to Advance Next-Generation Elevator Technologies Across Dubai Projects
March 9th, 2026 - 08:03 GMT

Azizi Developments Signs MoU with Hyprlift to Advance Next-Generation Elevator Technologies Across Dubai Projects

Azizi Developments, a leading private developer in the UAE, has signed a non-binding Memorandum of Understanding (MoU) with Hyprlift, Inc., a US-based innovator in advanced vertical transportation systems, to explore the potential application of ropeless elevator systems within selected Dubai developments. Under the MoU, the two parties will undertake technical studies, integration planning, and feasibility assessments to evaluate end-to-end requirements from design and installation through testing, commissioning, operations, and ongoing maintenance. Hyprlift, Inc. specializes in the development of self-propelled, modular, ropeless elevator systems that introduce an alternative approach to vertical ...
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Hi-tech and low-environmental impact will make Saad Al-Abdullah a one-of-a-kind city. (Shutterstock)
August 3rd, 2016 - 04:00 GMT

Kuwait plans first eco-friendly, ‘smart’ city

The Tower at Dubai Creek Harbour
July 31st, 2016 - 11:00 GMT

Emaar Properties records 12% growth in net profit to AED 2.475 billion (US$ 674 million) in first half 2016

Saudi Vision 2030 was announced in April focusing on economic diversification and attracting foreign investment. (AFP/File)
July 28th, 2016 - 12:00 GMT

Saudi Vision 2030 expected to reinvigorate Jeddah and Riyadh real estate markets

Among Arab investors in Dubai, Jordanians came in first, followed by Egyptians and Lebanese. (File photo)
July 25th, 2016 - 11:00 GMT

With over $353 Million in real estate, Egyptians are Dubai’s second highest Arab investors

Riyadh is one of three cities in Saudi in which only nationals can buy property. (AFP/File)
July 25th, 2016 - 07:00 GMT

Shoura Council: Expats cannot buy property in Mecca, Medina, Riyadh

Al Jimi Mall
July 25th, 2016 - 06:58 GMT

Aldar Properties eyes Al Ain as key growth market

Kuwait awarded KD570 million ($1.7 billion) worth of construction projects in the first half of 2016. (File photo)
July 24th, 2016 - 12:30 GMT

Kuwait set to award $27B contracts this year

Dubai is seeing exponential growth in foreigners owning property in the emirate. (AFP/File)
July 24th, 2016 - 12:00 GMT

Saudis, Jordanians top the list of Arab property buyers in Dubai

Economic growth in the country had been subdued ever since oil prices fell from record highs two years ago. (File photo)
July 21st, 2016 - 12:00 GMT

Bahrain's full foreign ownership move to boost property market

Built 146 years ago, the Suez Canal is one of the world's most heavily used shipping lanes. (AFP/File)
July 21st, 2016 - 04:00 GMT

Egypt’s Suez Canal Authority forecasts significant boost in revenue for fiscal year 2016/2017

The smart city will be completely sustainable and provide about 200 megawatts of electricity using photovoltaic roofs on homes and other premises.  (Photo courtesy of Gulf Business)
July 20th, 2016 - 07:30 GMT

Petal power: Dubai to build eco-friendly Desert Rose City


The project is divided into several phases and Empower will produce 30,000 RT by the fourth quarter of this year. (Nooz.com)
July 20th, 2016 - 04:44 GMT

Just chill: Nakheel awards $490M contract to Empower for Dubai cooling plants

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