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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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Arabtec has plans to build a million homes in Egypt, but is only in the initial stage of the first 13,000. (File photo)
April 21st, 2016 - 09:00 GMT

Arabtec to cut jobs, but plans profits next year

The investment will capitalise on Dubai’s growing logistics market and will offer premium warehousing facilities to tenants. (Twitter)
April 19th, 2016 - 06:00 GMT

Bahrain's Arcapita acquires Dubai logistics park for $100M

The Line 6 project will boost its production by 540,000 tonnes per annum (tpa), bringing its total production capacity to 1.5 million tpa. (Image courtesy of Trade Arabia)
April 18th, 2016 - 08:00 GMT

Bechtel wins $3.5B contract for Aluminium Bahrain expansion

Oman agents say that  investors with big money want to see a clear framework of buying, responsibilities and obligations which has not yet done. (Constructionweekonline.com)
April 14th, 2016 - 08:00 GMT

Oman's real estate agents appeal for framework to boost expat property sales

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

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