• Emaar Properties declares $272m dividend


    Emaar Properties has approved the distribution of Dh1 billion ($272.25 million) as dividend to shareholders, representing 14 per cent of the share capital being 14 fils per share at the company’s 22nd AGM in Dubai, UAE.

  • Empower wins Cityland Mall cooling services contract


    Emirates Central Cooling Systems Corporation (Empower) said it has been awarded a contract by Cityland Real Estate Development to provide district cooling services to its retail destination, Cityland Mall, at Global Village in Dubai, UAE.

  • Award winning designer World Tricot set for GCC debut


    Artisan Chic design house, World Tricot, will be making its GCC debut at Interiors Expo 2018, the biggest integrated business-to-business showcase for the interiors sector in the Northern Gulf region, which opens in Manama tomorrow.

  • Msheireb's Doha flagship project 88pc complete


    Msheireb Properties, a leading real estate development company, said work is progressing well on its flagship project Msheireb Downtown Doha (MDD) which is now 88 per cent complete with some areas of the project already operational.

  • ADFD launches new residential project in Afghanistan


    Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has launched the Sheikh Khalifa bin Zayed City Housing Complex, featuring more than 3,000 residentials units, in Afghanistan.

  • Korean group wins Kuwait T4 terminal contract


    Kuwaiti government has awarded a major contract to Korea's Incheon International Airport Corporation (IIAC) for the operation, management and maintenance of Kuwait International Airport's new Terminal Four (T4).

  • Hyperloop 'can link DXB, Al Maktoum passengers in 6 minutes'


    Innovative Hyperloop connections could reduce travel times between Dubai International Airport (DXB) and Al Maktoum International Airport and even transit passengers between the two airports in six minutes, said an expert.

  • 'Reversal of fortune' in Dubai real estate sector


    Over the last couple of quarters there has been a dichotomy in the rise and fall of sale volumes across the Dubai real estate market with ready transactions up 24 per cent and off-plan transactions plunging 32 per cent for the same period.

  • UAE design firm opens new retail destination in Rome


    Design International, an award-winning studio based in Dubai, UAE, has announced the opening of a new retail destination - The Aura Valle Aurelia - in the heart of Rome, not far from the Vatican City.

  • UDC launches new luxury island project in Doha


    Qatar-based United Development Company (UDC) has launched its new 400,000-sq-m luxury project, Gewan Island, featuring residential, leisure, retail and food and beverage facilities within a vibrant, modern and integrated community in Doha.

  • Al Hilal Group terminates media deal with Mepec organiser


    Al Hilal Group, the publisher of Oil & Gas News and a number of leading trade publications, has terminated its media relationship with ME3, the organiser of the Middle East Process Engineering Conference (Mepec) held in Bahrain every two years.

  • Miral's plans on track to develop Yas Island as tourist hotspot


    Miral, the creator of destinations in Abu Dhabi, is showcasing all its existing and upcoming developments on Yas Island at Arabian Travel Market 2018 (ATM).

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Construction News

Emaar Properties declares $272m dividend

Emaar Properties has approved the distribution of Dh1 billion ($272.25 million) as dividend to shareholders, representing 14 per cent of the share capital being 14 fils per share at the company’s 22nd AGM in Dubai, UAE....



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