Wednesday 21 February 2018

BMT completes Dubai Creek Tower design study

BMT, a leading international design, engineering, science and risk management consultancy, said it has completed key studies on the design for the Dubai Creek Tower. An iconic building being developed by Emaar Properties has been designed by world-renowned architect and engineer


Drake & Scull International swings to Q4 profit

Drake & Scull International, a regional leader in engineering and construction services, is back in the black  with a net profit of Dh700,000 ($190,549) for the fourth quarter in 2017 compared to a net loss of Dh359 million the previous quarter. Announcing the preliminar


Alec wins Dubai Hills Mall solar project deal

Leading construction company Alec Engineering and Contracting said its renewable energy business unit has been awarded a major contract by Emaar Development to develop a 6.5 MWp private solar power plant for its Dubai Hills Mall project. The retail destination is the latest addit


Leminar opens second showroom in Abu Dhabi

Leminar Air Conditioning Company, a leading distributor and service provider of HVAC (heating, ventilation and air-conditioning) and plumbing products in the Gulf region, has opened its second showroom in Abu Dhabi, UAE. Located in the Mussafah area, the new showroom will complem


ME hotel room construction up 22.4pc in January

The number of hotel rooms under construction in the Middle East during January has risen by 22.4 per cent compared with the same month of 2017, said STR, a global provider of analytics and marketplace insights. The Africa room construction total represented a 13.8 per cent decrea


Emaar Malls posts 11pc jump in net profit

Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has recorded a net profit of Dh2.080 billion ($566 million) in 2017, 11 per cent higher than the net profit of Dh1.874 billion ($510 million) during 2016. Announcing the results for the full-y


PDO, GlassPoint inaugurate Oman solar plant

Petroleum Development Oman (PDO) and GlassPoint Solar have inaugurated the Miraah solar plant, located at the Amal oilfield in the south of Oman. The plant will be among the world’s largest solar projects on completion.   The inauguration took place under the patronage


Nakheel inks Palm Jumeirah beachfront project deal

Leading UAE-based developer Nakheel has signed a Dh80-million ($22 million) construction contract with Ghantoot Gulf Contracting for The St Regis Beach Club, an exclusive beachfront dining, leisure and fitness destination coming up on Dubai’s Palm Jumeirah. Due to open in 2


Emaar Development 2017 net profit surges 30pc

Emaar Development, the UAE build-to-sell property development business unit of Dubai-based Emaar Properties has recorded a net profit of Dh2.74 billion ($747 million) for 2017, up 30 per cent over a net profit of Dh2.11 billion ($575 million) the year before. Announcing the resul


Sharjah Holding opens $15.2m mall extension

Sharjah Holding, a partnership between Majid Al Futtaim-Properties and Sharjah Asset Management, has inaugurated the Dh56-million ($15.2 million) extension of Matajer Al Juraina, with 16 new brands and restaurants. This increases the community mall’s size by a third.

‹ First  < 2 3 4 5 6 7 8 9 10 >  Last ›

calendarCalendar of Events