The $136mn (AED500m) development, located in Motor City, comprises a mall and a hotel, which will be operated under the Park Inn by Radisson brand
Source: New feed
Month: February 2017
Dubai: Smartotels launches new concept FORM hotel
The FORM will offer business and leisure travellers a hotel that is design-forward while focused on health and fitness
Source: New feed
Tiger Woods visits Damac golf club, reviews plans
Woods had the opportunity to review plans with Damac Properties? chairman and provided design direction while touring the construction of the first few holes
Source: New feed
Danube Properties to hand over 851 units this year
Danube has recorded a 100% growth year-on-year in 2016 and has plans to launch its eighth project in April
Source: New feed
Aecom to rebrand US acquisitions, Tishman and Hunt
Aecom is to rebrand two of its US acquisitions, Tishman Construction and Hunt Construction, to Aecom Tishman and Aecom Hunt, respectively
Source: New feed
Daewoo E&C posts net losses of $692m in 2016
The company?s net loss reached $692m (KRW794bn) last year, compared with a profit of $127.4mn (KRW146bn) a year earlier
Source: New feed
London property investment remains popular for GCC
The report said that about $5.2bn from Middle Eastern investors has found its way into hotel developments in the United Kingdom and mainland Europe
Source: New feed
Dar Al Handasah nabs Nakheel deal in Jebel Ali
Infrastructure design for four of the five zones is almost complete, with the infrastructure construction tender due for release in Q2 2017
Source: New feed
RTA chief: No timeline for hyperloop in Dubai
Provisional studies are underway to gauge the technology’s local feasibility "without setting a timeline for the time being", HE Mattar Al Tayer said
Source: New feed
Dubai Municipality facilities switch to LED
The move to LED, directed by the municipality’s general maintenance department, has helped the team achieve "average savings of about 60", an official said
Source: New feed