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Infrastructure and Property

Infrastructure and Property latest

Dubai Holding expands European hospitality portfolio with acquisition in Mallorca
January 20th, 2026 - 08:36 GMT

Dubai Holding expands European hospitality portfolio with acquisition in Mallorca

Dubai Holding, a diversified global investment company with investments in more than 30 countries, today announced the acquisition of the five-star Jumeirah Mallorca in Spain. The property, which has been successfully operated under Jumeirah for several years, will continue to be managed by Jumeirah, Dubai Holding’s flagship hospitality brand and global luxury hotel company. Jumeirah Mallorca is a world-class luxury retreat featuring 121 rooms, situated on the northwest coast of Mallorca. Offering panoramic views of the Mediterranean Sea and the UNESCO-listed Serra de Tramuntana mountain range, the property has received ...
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The three power plants are slated for completion in 2018. (Shutterstock)
April 13th, 2016 - 11:00 GMT

Egypt secures $3.9B funding for 'world's largest' power plants

The new fee will go towards Tawtheeq and registration costs for tenancy contracts. (Shutterstock/Patryk Kosmider)
April 13th, 2016 - 05:00 GMT

Abu Dhabi to levy new taxes on expat rentals, hotel bills

Arable land along the Nile River. (Pixabay)
April 13th, 2016 - 04:15 GMT

Egypt earmarks 500,000 acres of arable land for Saudi investors

4,000 additional units, due for delivery at the end of the year, will bring some respite to the housing shortage in Abu Dhabi.  (Shutterstock/alex7370)
April 12th, 2016 - 10:57 GMT

Shortfall in competed homes weigh heavily on Abu Dhabi property market

King Salman was briefed on the restoration of the 1000 year old mosque and plans for the Islamic city. (SPA)
April 10th, 2016 - 07:54 GMT

Egypt: King Salman lays foundation stone at Saudi-funded 'Islamic city' at Al Azahar

The idea of a causeway between the two countries had been floated before, especially by ousted Egyptian strongman Hosni Mubarak, but never made it past the planning stage.  (AFP/File)
April 10th, 2016 - 04:08 GMT

Saudi Arabia to finance Red Sea bridge to Egypt

The third phase of Sezad is expected to be completed within three years. (File photo)
April 7th, 2016 - 06:54 GMT

Oman: Kuwaiti company lands $200M contract for next stage of Duqm port development

The New Port project is considered to be the largest port development project in the world to be built on unused land. (Ship Technology)
April 6th, 2016 - 12:30 GMT

Doha's $7.5B New Port project set for completion in 2020

Nearly 14,000 workers on the Mall of Qatar site were evacuated safely. (Twitter)
April 5th, 2016 - 03:56 GMT

Investigation underway into Mall of Qatar fire as construction resumes

Damac is pursuing business interests outside of the Middle East for political reasons. (Shutterstock)
April 3rd, 2016 - 11:44 GMT

After London, Damac eyes US market

World leaders arrive to take part in the Nuclear Security Summit family photo at the Walter E. Washington Convention Center on April 1, 2016 in Washington, DC.  (AFP/Stephane de Sakutin)
April 3rd, 2016 - 09:00 GMT

Saudi Arabia pledges $10M for nuclear terrorism combat center in Vienna

Qatar is brainstorming for ideas to meet the 60,000 room requirement for the 2022 World Cup.  (Twitter)
March 31st, 2016 - 01:01 GMT

Qatar World Cup organizers 'cannot ignore sharing economy' for accommodation options

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