Emaar Properties is preparing to offer 20% of shares in its real estate arm, Emaar Development, it said on Sunday as a clarification to earlier reports that it would sell a larger stake
Source: New feed

Shamkhat, the new company in Jeddah, is a significant development for the kingdom’s development giant, which predominantly boasts Makkah-based projects in its portfolio
Source: New feed

The non-binding agreement, which extends for six months, will see the Saudi development giant explore avenues for cooperation with Meraas Holding
Source: New feed

Sharjah saw a 37.2% increase in the value of real estate trade in the third quarter of 2017 at $2.2bn (AED8.2bn), as compared to the same period in 2016
Source: New feed

Port operator DP World and its flagship subsidiary Jebel Ali Free Zone, Jafza have installed 88,000 solar panels across buildings in Jebel Ali and Port Rashid as part of a commitment to invest in more sustainable projects
Source: New feed

Volvo Construction Equipment posts strong results for Q3 2017, with a 34% rise in sales, a 45% increase in orders, a 48% rise in deliveries, and improved profitability
Source: New feed

Matic founder and CEO continues endeavour to strike balance in "messy" home services space
Source: New feed

Next year will be a "tipping point" for tech advancements in Saudi Arabia’s $48bn construction sector, Trimble Solutions’ Saudi head says
Source: New feed

Krypto Labs has inaugurated a custom-built incubator, accelerator, and co-working space in Masdar City, in Abu Dhabi
Source: New feed

Tecom Group and Dubai Police have signed an agreement to establish automated police stations that require no human staff in order to operate
Source: New feed