• RAK Properties half year revenues hit $57.4m


    Leading property development firm RAK Properties has announced record half year results, with revenues exceeding Dh211 million ($57.4 million).

  • Musanada completes Al Rahba unit revamp


    The Abu Dhabi General Services Company (Musanada) has completed the emergency department renovation and expansion project at Al Rahba Hospital for handing over to Abu Dhabi Health Services Company (Seha) in the third quarter of 2017.

  • Dubai calls for implementation of new railway law


    Dubai’s Road and Transportation Authority has called on all entities operating in the construction field to cooperate in the implementation of the Executive Council Resolution No. (1) / 2017 governing railway systems in the Emirate.

  • Tabreed H1 profit surges 20pc to $52.4m


    The National Central Cooling Company (Tabreed), a leading district cooling utility company, has posted a net profit of Dh192.7 million ($52.4 million) for the first half (H1) of the year, as against Dh160.5 million in H1 2016.

  • Ellington launches Belgravia III


    Dubai-based Ellington Properties, a boutique property developer, recently launched its Belgravia III in Jumeirah Village Circle, Dubai.

  • Dewa innovation team launches five smart initiatives


    Dubai Electricity and Water Authority’s (Dewa) innovation team has unveiled five new initiatives that aim to contribute to the continuous development of the authority and its services.

  • Damac launches new residences with golf course views


    Damac Properties, a leading luxury real estate developer in the region, has launched its Golf Vita Residential Towers apartments at Damac Hills, Dubai, that offer panoramic golf course views for each unit.

  • Makkah real estate sentiment gets a lift in H1


    The overall sentiment in the Makkah real estate market was boosted during the first half (H1) of 2017 as the government lifted the quota on Hajj pilgrims despite ongoing major infrastructural work on the Holy Mosque, a report said.

  • New global standard for construction costs launched


    A non-governmental, not-for-profit professional coalition of the construction sector has launched a new universal system that compares construction project costs around the world.

  • DGC’s 445 MW power plant to kick off operations in January


    Oman-based Dhofar Generation Company (DGC) will start generating power from a new natural gas-fired 445-MW plant (Salalah II) in January 2018, a report said.

  • Oman to build first aviation school


    Oman's first aviation academy will soon open following the signing of an agreement by the Omani Authority for Partnership for Development (OAPFD) and other shareholders.

  • Al Habtoor City residential towers 70pc complete


    Construction of three residential towers at the Al Habtoor City in Dubai, UAE, is on track with more than 70 per cent of the project completed, Khalaf Ahmad Al Habtoor, founding chairman of the Al Habtoor Group, has confirmed.

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RAK Properties half year revenues hit $57.4m

Leading property development firm RAK Properties has announced record half year results, with revenues exceeding Dh211 million ($57.4 million)....



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Gulf construction - July 2017


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