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Infrastructure and Property

Infrastructure and Property latest

His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan Inaugurates Aed 100 Billion Marsa Al Saadiyat
July 23rd, 2026 - 03:54 GMT

His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan Inaugurates Aed 100 Billion Marsa Al Saadiyat

Aldar today unveiled Marsa Al Saadiyat, activating the final phase of Saadiyat Island’s masterplan and marking a defining milestone in the island’s evolution into one of the most desirable addresses in the world. With a gross development value of AED 100 billion, Marsa Al Saadiyat will be developed into a luxurious waterfront destination, shaped by the rhythms of Arabian coastal life and the island’s cultural setting. The destination was inaugurated by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the ...
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Bahrain is implementing a royal order to provide 40,000 units for citizens with housing projects nationwide. (File photo)
August 24th, 2016 - 08:30 GMT

Bahrain inks $395M in housing, infrastructure project deals

The King Fahd Causeway linking Bahrain and Saudi Arabia. (Wajahat Mahmood/Flickr)
August 23rd, 2016 - 09:17 GMT

Construction of Saudi bridges to Bahrain, Qatar expected to begin 'soon'

Unique to AYKON London One, Versace interior design raises the bar of luxury living in the capital
August 23rd, 2016 - 08:29 GMT

Nine Elms Property Ltd awards Lendlease AED 960 million contract to build AYKON London One with interiors by Versace Home

Fire engulfs more than 30 floors of the 75-floor luxury Sulafa Tower in Dubai in January 2016. (File photo)
August 22nd, 2016 - 01:38 GMT

UAE to manufacture fire-resistant panels after spate of tower fires

Nakheel was one of the developers worst hit by Dubai's real estate crash at the turn of the decade, forcing the firm into a massive $16 billion debt restructuring. (File photo)
August 22nd, 2016 - 01:03 GMT

Nakheel moves out of the red as restructuring period ends

Abu Dhabi-based international retailer plans to develop a second shopping mall. (File photo)
August 22nd, 2016 - 05:00 GMT

Lulu Group to invest $300M in new Kerala mall

The report estimated that the total spend on infrastructure projects related to Dubai Expo 2020 might reach up to $18 billion. (File photo)
August 21st, 2016 - 08:00 GMT

Dubai has 3,700 ongoing construction projects worth $400 billion

The finance ministry stopped reimbursing expenses for the crane 10 months earlier because it was no longer considered useful. (AFP/File)
August 18th, 2016 - 04:00 GMT

Mecca crane crash trial: Finance Ministry provides a new twist

The new hotel will have 230 rooms, including 27 suites.  (Times of Oman)
August 17th, 2016 - 08:00 GMT

Sheraton Oman to re-open its doors in Muscat after ten years

OPI alleges regulatory restrictions on international fund transfer in foreign currencies for its failure to settle the payments. (LinkedIn/Red Sea Housing Services Company)
August 16th, 2016 - 04:00 GMT

Saudi-listed Red Sea Housing Services sues to recover $24.5M in US court

The defendants include six Saudis, two Pakistanis and one defendant each from Jordan, the Philippines, Canada, Palestine, Egypt and the UAE. (AFP/File)
August 15th, 2016 - 04:00 GMT

Mecca crane collapse case: Criminal court gives defendants 45 days to counter charges

Bollywood Parks Dubai, Motiongate Dubai, and Legoland and Legoland Water Park are due to open in Dubai on October 31, 2016. (Shortlist Dubai)
August 14th, 2016 - 05:00 GMT

Dubai Parks and Resorts’ losses widen as expansion plans near fruition

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