Thursday 11 February 2016
 
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Mövenpick Jumeirah Lakes Towers welcomes new GM

Mövenpick Hotel Jumeirah Lakes Towers has appointed Chadi Gedeon as the property’s new general manager. With over 25 years in the hospitality industry and 13 years of Mövenpick experience, Gedeon brings unique leadership

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New GM for Towers Rotana Dubai

Rotana Hotels, a leading hotel management company in the Middle East, Africa, South Asia and Eastern Europe, has appointed Karim Nahas as the new general manager for Towers Rotana Dubai, UAE. Nahas, who has held the position of ge

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Smart Traffic Towers Project underway in Abu Dhabi

The Smart Traffic Towers Project developed being developed by the Abu Dhabi Police is still in the pipeline and is not operational yet, according to a top official. Brigadier Hussein Ahmed Al Harithi, director general of Central O

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Damac awards $762m contracts in first 5 months

Leading luxury real estate developer Damac Properties said it has awarded more than Dh2.8 billion ($762 million) in construction contracts in the first five months of 2015. The awards include the main works packages on more than 1

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Damac Q4 profit rises 11pc to $249.8m

Dubai-based property developer Damac reported an 11 per cent rise in fourth-quarter profit on Monday as it handed over nearly 1,000 units. The developer, which originally listed global depository receipts in London before joining

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Damac 'behind one-third of Dubai high-rises'

Almost one third of all high-rise (above 250 m) residential towers in Dubai, UAE, have been, or are being, developed by luxury real estate developer Damac Properties, said its top official. The company is responsible for 27 per ce

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Etisalat, Nigeria's IHS in towers deal

The Nigerian affiliate of Etisalat, the Gulf's biggest telecommunications operator, said it would sell 2,136 of its towers to Nigeria's IHS and lease them back as part of plans to expand its coverage in the country. The de

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Arabtec wins $6.1bn contract from Aabar

Dubai-based builder Arabtec said it would build 37 towers worth Dh22.44 billion ($6.1 billion) for Abu Dhabi state fund Aabar in Abu Dhabi and Dubai. Arabtec is to construct thirty seven mixed-use, residential, and hotel towers in Abu D

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Arabtec wins $705m Al Reem contract

Arabtec Construction, a subsidiary of Arabtec Holding, has been awarded a Dh2.59 billion ($705 million) contract for the construction of a mixed-use development in Al Reem Island, Abu Dhabi. Dubai-based Arabtec Holding is a leadin

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AT&T mulls sale of wireless towers

AT&T Inc is exploring options such as a sale of its wireless broadcast towers but noted that its ability to reach a deal would depend on the terms it is able to reach with the buyer for its ongoing use of the towers. When wire

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