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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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Revenue generated through rents during the first half of the year increased by 39 per cent to Dh32.5 million, according to the company.
July 20th, 2014 - 02:54 GMT

Profiteering off rents: Kuwait's Mazaya reports 630% increase in year-to-year profits

Al Bawaba
July 20th, 2014 - 01:20 GMT

Here comes the canal: diversion of Dubai's Sheikh Zayed road commences

Al Bawaba
July 20th, 2014 - 09:50 GMT

RAK Properties hosts Iftar dinner for its employees

Al Bawaba
July 17th, 2014 - 11:42 GMT

Hell on earth? Doha's 'facelift' leaves migrant workers homeless on the streets

The $7 billion Kuwait Metro project is another vital project currently in the stages of design and supervision.
July 17th, 2014 - 03:05 GMT

Catching up to a 'construction rush'? Kuwait construction sectors to hit $17.5 billion by year end

Al Bawaba
July 16th, 2014 - 03:41 GMT

Betting on a bubble? New $4 billion residential initiatives announced in Maktoum City

The overall positive market sentiment at the start of 2014 has also seen the reprisal of a number of stalled residential projects and launch of several new projects in the Northern Emirates,
July 16th, 2014 - 02:08 GMT

Ajman: a viable, more affordable property market?

For the World Cup, the 29-year old Ronaldo is reportedly earning $490,870 a week, after tax, amounting to a staggering $2,243,997 (USD) to take part in the 32-day event.
July 14th, 2014 - 03:39 GMT

Putting things in perspective: how many apartments in the Middle East can Ronaldo buy with his World Cup salary?

Although the company will finance half the cost from its resources, it is expecting to receive the remaining funds through the debt market along with the sales of some parts of the project,
July 14th, 2014 - 03:55 GMT

Dubai’s Mall of the World to foster ‘boom-bust’ cycle- Merill Lynch

With Dubai’s property market booming, analysts warn that several signs of excesses, reminiscent of pre-crisis years, are returning to the market
July 10th, 2014 - 02:24 GMT

The Ramadan tradition lives on: Damac to offer luxury BMW with property purchases

The UK capital recorded €32.2 billion (around $44.2 billion) worth of transactions in 2013, with the Middle East contributing roughly $7.5 billion.
July 10th, 2014 - 02:14 GMT

Sorry Dubai: why London's pricy property is still number one for ME investors

Al Bawaba
July 9th, 2014 - 07:56 GMT

DAMAC Properties launches its Ramadan promotion

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