Saturday 10 December 2016

EmiratesGBC hosts green building tours

Emirates Green Building Council (EmiratesGBC) has launched a new series of ‘green building tours’ covering buildings that have already achieved Leed (Leadership in Energy and Environmental Design) certifications, to strengthen awareness among industry stakeholders on sustainable bes


Kuwait launches $775m culture centre

The $775-million Sheikh Jaber Al Ahmad Cultural Centre (SJAAC), designed by SSH - one of the leading masterplanning, infrastructure and building design firms in the Middle East - has been opened in Kuwait. The new facility will showcase performing arts and create a world-class th


Big demand seen for Makkah hotel sector

Increasing religious tourism in line with ‘Saudi Vision 2030’ will create huge opportunities in the retail, hotel and broader accommodation sectors in Makkah, Saudi Arabia, said an industry expert. “The long-term prospects for the hotel sector are extremely posi


Rove Hotels unveils second property in Dubai

Rove Hotels, a contemporary mid-scale lifestyle hotel brand developed by Emaar Hospitality Group, has opened its second property in Dubai, UAE. Rove City Centre, under Rove Hotels - a joint venture of Emaar Properties and Meraas Holding - opens following the successful launch of


IMG Worlds announces new giant theme park in Dubai

IMG Worlds, the entertainment arm of UAE-based Ilyas and Mustafa Galadari Group, has revealed plans for its newest theme park 'IMG Worlds of Legends' in Dubai. The Dubai-based owner and operator of the world’s largest indoor theme park IMG Worlds of Adventure, said,


Dubai’s freehold properties ‘offer big yields’

Some of Dubai’s newer freehold districts offer property investors among the highest yields globally despite a difficult 2016 for the emirate’s rental and sales markets, a report by Propertyfinder Group shows. is among the UAE’s most popular onl


Haya completes Oman wastewater plant

Haya Water, a major government-owned water reuse company in Oman, has completed the trial operation of the second phase of Al Buraimi sewage treatment plant (STP) expansion project, which will provide an additional capacity of about 2,000 cu m per day, said a report. This is in a


Al Habtoor sells stake in construction firm HLG

Dubai-based Al Habtoor Holding said it has sold all of its shares in construction firm Habtoor Leighton LLC (HLG) Contracting (formerly Habtoor Leighton). HLG was formed in 2007 following the merger of UAE-based contractor Al Habtoor Engineering with Gulf Leighton – a unit


Bahrain developer relaunches Villamar project

Bahrain-based Gulf Holding Company (GHC) has signed a final sukuk restructuring agreement with Rajhi Bank and GFH Financial Group to officially mark the re-launch of the Villamar project at the Bahrain Financial Harbour. The agreement follows considerable progress on the project


Diyar Al Muharraq sees big demand for freehold units

Diyar Al Muharraq, a leading urban development company in Bahrain, said more than 50 per cent of the plots in the second phase of its 'Al Qamra Freehold Residential Project' were sold on the opening day of the project sales in Manama. There was overwhelming response from

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