Saturday 17 November 2018
 
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Abu Dhabi embarks on key infrastructure makeover

The City Municipal Centre in the Abu Dhabi City Municipality has embarked on landscaping works of the median of Sheikh Rashid bin Saeed Street in Abu Dhabi. The project is part of the municipality’s efforts to keep pace with the development drive in the city and maintain th

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Azizi's DHCC project in final phase of construction

Azizi Developments, one of the leading private developers in the UAE, said work was moving at a steady pace on its its Dh470-million ($128 million) project, Azizi Aliyah Residences coming up in the Dubai Healthcare City. Unveiling the project update, Azizi said construction is al

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Dubai's house price growth down in October

The annual house price growth in Dubai has softened by 5.6 per cent in October, with the rates declining 1.2 per cent month-on-month – a slight fall of 0.3 per cent compared to the monthly change in October of the previous year, according to a report. House prices in Dubai

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Big tenant line-up unveiled for $1bn Abu Dhabi mall

Al Farwaniya Property Developments has unveiled the tenant line-up for its super-regional Dh4 billion ($1.1 billion) Reem Mall project in Abu Dhabi – one of the largest retail property developments underway in UAE today. Al Farwaniya Property Developments is a joint venture

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ADFD backs $2.3bn Morocco high-speed rail project

UAE-based Abu Dhabi Fund for Development (ADFD) said it has allocated Dh514 million ($140 million) for the development of a major high-speed rail network in Morocco that will connect the major cities of Tangier and Casablanca. The landmark rail infrastructure project, which will

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Alstom powers Africa's first high-speed rail network

Alstom, a leader in power generation and rail infrastructure, said it has supplied 12 trains for a high-speed rail line in Morocco, the first such network in Africa, linking the cities of Tangier and Casablanca. The $2.3 billion Tangier-Casablanca high speed line was today (Novem

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Naming rights for Riyadh Metro's 8 stations raise $278.7m

Riyadh Development Authority (RDA) – previously The High Commission for the Development of Arriyadh - has awarded naming rights for eight Riyadh Metro stations to leading commercial organisations from Saudi Arabia and the region, generating a total of SR1.045 billion ($278.

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Emirates NBD real estate trust wins $75m funding

Emirates NBD Asset Management said its shari’a-compliant real estate investment trust has secured a $75 million Murabaha finance facility from Standard Chartered Bank for a term of three years with an accordion option to upsize the facility to $100 million. ENBD REIT said t

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Global solar industry giants set for Dubai event

Leading global players from the solar and renewable energy sectors will be showcasing the latest in industry innovations for the construction market at a key event being held as part of The Big 5, the largest construction event in the Middle East. After a successful launch editio

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Arada unveils smart city plans for Sharjah's Aljada project

UAE's newest developer Arada has announced plans to create one of the country's smartest cities at its 24-million-sq-ft development Aljada located in the heart of Sharjah . Among the key innovations to be introduced at the Dh24-billion ($6.53 billion) progressive urban me

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