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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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The plant is expected to be operational in 2019. (File photo)
February 18th, 2016 - 10:00 GMT

Jordan powers up: Construction of shale-fuelled power plant to start in June

Upscale office rentals are forcing older properties to upgrade to remain competitive. (File photo)
February 18th, 2016 - 09:00 GMT

Time for a makeover for Dubai’s old office rentals

A view of the Alexandria port. (Pinterest)
February 17th, 2016 - 06:04 GMT

Where's my order? Real estate deliveries negatively impacted by economic uncertainty

Construction costs continue to drop in Dubai, making expansion cheaper and more accessible. (File)
February 16th, 2016 - 09:30 GMT

Construction costs fall in Dubai

A rendering shows proposed plans for Oman's rail system. (Oman Daily Observer)
February 15th, 2016 - 01:00 GMT

Oman to focus on local, not regional railway

A model shows construction plans for Egypt's new capital city, another major administrative city project. (File photo)
February 15th, 2016 - 09:00 GMT

Egypt to construct over 450,000 housing units for workers in new administrative cities

The eight-lane, 62-kilometre highway is an extension of Mohammad Bin Zayed Road. (File photo)
February 14th, 2016 - 11:00 GMT

Life is a highway: Alternative Dubai-Abu Dhabi route underway

Although consumer confidence declined overall for the Middle East region, it rose one percentage point for the UAE. (File photo)
February 14th, 2016 - 07:00 GMT

UAE tops regional consumer confidence despite local recession fears

Mr Hussain Sajwani, Chairman, DAMAC Properties
February 11th, 2016 - 07:35 GMT

DAMAC Properties net profit grew 30% to AED 4.51 billion (US$1.23 billion) for full year 2015

Dubai Creek Harbour
February 11th, 2016 - 06:32 GMT

Emaar Properties records net operating profit of AED 4.383 billion (US$ 1.193 billion) in FY2015; a growth of 18%

Some developers also tend to hold back completions to avoid flooding the market. (Gulf Insider)
February 10th, 2016 - 09:15 GMT

Market slowdown hits UAE realty projects: construction of 18,200 units faces delays

ECO Hotel construction site
February 10th, 2016 - 07:50 GMT

RAK Properties appoints leading architecture & interior design firms

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