The authority said the step was aimed at protecting stakeholder rights following Schon’s "actions of exploiting investors"
Source: New feed
Author: constructionlead
DLD seizes Schon Properties assets
The move was designed to "secure the rights of all investors & other parties", according to a statement on Thursday afternoon by DLD on social media
Source: New feed
10% H1 profit hike at UAE's Tabreed
Year-on-year revenues at the UAE-based district cooling firm also increased 2% in the first six months of 2018
Source: New feed
Technology "major limiting factor" in solar market growth – Aramex
In July, Aramex partnered with IMG Solar in relation to the logistics firm’s 3.2 megawatt solar photo-voltaic plant at its new facility in Dubai
Source: New feed
Cavendish Maxwell expands project and building team
Benjamin Walker will be responsible for the day-to-day management of the consultancy unit at Cavendish Maxwell’s Dubai office
Source: New feed
Cavendish Maxwell adds to Project & Building consultancy
Benjamin Walker will be responsible for the day-to-day management of the Project and Consultancy team at Cavendish Maxwell’s Dubai office
Source: New feed
Parsons appoints VP for business development, critical infra protection
Parsons has appointed Dr. Rida Hamza as vice president for business development, critical infrastructure protection
Source: New feed
Bahrain's wealth fund triples profit in 2017
Net profits at Mumtalakat in 2017 stood at $560m (BD210.6m), a whopping 207% increase on 2016?s $183m (BD68.9m) figure
Source: New feed
Can Saudi build the infra needed to accommodate its tourism drive?
Saudi Arabia wants to be king of leisure, but will it be able to create a market worthy of this crown?
Source: New feed
Saudi developer Al Akaria appoints new CEO
Mamdouh Saud Al Sharhan now heads up the Saudi real estate giant following the resignation of Abdullah bin Ibrahim Saad Al Ayadhi, who held the role for three years
Source: New feed