• Building materials rate hike 'may push up property prices'


    The escalation of certain building materials prices will push the construction cost upwards and that might have a knock-on effect on property prices going forward, said a Dubai-based property developer.

  • Eco-Villa prototype opens its doors at Masdar City


    Eco-Villa, a pilot project incorporating water and energy-saving technologies in Abu Dhabi's Masdar City, has been completed and a UAE national family will soon live in the prototype sustainable dwelling.

  • Dulsco creates largest recycling logo at EcoWaste


    Dulsco, a regional pioneer in waste management services and human resource solutions, has created one of the largest recycling logos with the help of recyclables at EcoWaste 2017, a platform for sustainable waste management.

  • Dewa outlines clean, renewable energy strategy


    Dubai Electricity and Water Authority (Dewa) outlined its key strategies and projects to boost future and clean energy technologies and work towards achieving the UAE’s renewable energy objectives at the Abu Dhabi Sustainability Week 2017.

  • UAE real estate 'set for solid growth in 2017'


    Having bravely negotiated a rather tough 2016, the UAE real estate sector, spearheaded by its two major markets Dubai and Abu Dhabi, appears well geared to make positive strides this year, said a report.

  • Doha Festival City in 'final phase of development'


    Doha Festival City, the QR6.5-billion ($1.78 billion) entertainment and retail development in Qatar, has entered into its final phase of development and is set to open its doors to the public in March, said a report, citing a top official.

  • ADT completes underwater clean-up at Khalifa Port


    Abu Dhabi Terminals (ADT) in cooperation with Al Mahara Diving Centre and Tadweer Waste Treatment has completed an underwater clean-up operation at Khalifa Port.

  • MEA rough-terrain cranes market to grow at 5.6pc


    The overall long-term outlook for the rough-terrain cranes market in the Middle East and Africa (MEA) remains optimistic, with the sector projected to grow at a promising CAGR of 5.6 per cent through 2026, a report said.

  • Qatar Shell signs EPCM deal with WorleyParsons


    Qatar Shell has signed a five-year engineering, procurement and construction management (EPCM) services contract with WorleyParsons for Pearl gas-to-liquids (GTL) projects and associated facilities.

  • Dubai’s property deals top $3.2bn in 15 days of 2017

    MOMENTUM ‘TO CONTINUE’
    Dubai’s real estate market has started the new year with a bang, generating Dh12 billion ($3.26 billion) transactions in just 15 days, indicating growing investor trust in the emirate's property sector, said a top government official.

  • McDermott names Saudi general manager


    McDermott Arabia, a leading engineering, procurement, construction and installation (EPCI) contractor, has appointed Dustin Whiteley as the general manager for its Saudi Arabia business.

  • GE wins $1.4bn power plant contracts in Iraq

    TECHNOLOGY UPGRADE
    General Electric (GE) has secured more than $1.4 billion in orders from Iraq’s Ministry of Electricity to set up power plants as well as provide technology upgrades and maintenance services.

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Building materials rate hike 'may push up property prices'

The escalation of certain building materials prices will push the construction cost upwards and that might have a knock-on effect on property prices going forward, said a Dubai-based property developer....



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