Properties in EPICO’s portfolio are fully occupied "despite softening real estate prices across the region", the company’s general manager said
Source: New feed
Month: July 2016
UAE: 54,000 new hotel rooms under construction
The hotel construction report revealed that the majority of the new hotels are expected to open before 2020
Source: New feed
Saudi Arabia's Al Khodari slumps to Q2 net loss
The Saudi Arabian construction firm made a net loss of $11.6m (SAR43.34m) in the three months to June 30
Source: New feed
$24m revamp on Jeddah-Makkah Expressway complete
The Jeddah-Makkah Expressway has been expanded to five lanes in each direction
Source: New feed
UAE: Rents fall in Abu Dhabi and Dubai in H1 2016
Average rents in Abu Dhabi and Dubai fell year on year during H1 2016, although yields remained attractive in both emirates, according Bayut
Source: New feed
Top 5 tips to manage Middle East theme parks' MEP
A round-up of the top factors that impact the maintenance of MEP systems in theme parks
Source: New feed
Dubai: Damac plans second phase of Akoya Imagine
Since its launch two weeks ago, phase one of Akoya Imagine villas has already been purchased by investors from over 26 nationalities
Source: New feed
Eshraq appoints Jassim Alseddiqi as new chairman
Alseddiqi serves on the board of FGB, GFH Financial Group, TDIC, and Abu Dhabi Capital Group.
Source: New feed
Aconex inks enterprise agreement with Farrans
Aconex Limited has announced an enterprise agreement with Farrans Construction
Source: New feed
New Construction Starts in June Drop 7 Percent
New construction starts in June decreased 7% from the previous month to a seasonally adjusted annual rate of $595.1 billion, according to Dodge Data and Analytics.
Source: New feed