Kuwait real estate developer Al Mazaya Holding’s profit has declined year-on-year
Source: New feed
Profit drops by 30% for Kuwaiti giant Al Mazaya
May 16, 2018
Damac Properties reports $132m net profit for Q1 2018
May 16, 2018
The Dubai-based developer’s revenue in Q1 2018 reached $520m, while its booked sales amounted to $440m
Source: New feed
Nakheel’s $217m The Pointe, Palm Jumeirah set for Q4 2018 opening
May 16, 2018
The Pointe on Palm Jumeirah by Nakheel will be completed in Q4 2018
Source: New feed
Ajman Crown Prince launches $11m Civil Defence headquarters
May 16, 2018
Located in Al Jurf 2, the facility comprises administrative offices, a customer service centre, a multi-purpose hall, and a firefighting centre
Source: New feed
Changes afoot in MEP unit of UAE's Al Naboodah Construction Group
May 15, 2018
David Evans, group CEO of Al Naboodah Construction Group, said Trans Gulf is being "repositioned as an internally focused division"
Source: New feed
Emaar to award more contracts for Dubai South project this year
May 15, 2018
Emaar Properties will award a number of contracts this year for its Emaar South master planned development, according to an Emaar senior official.
Source: New feed
Emirates REIT acquires French school in Dubai for $21m
May 15, 2018
Source: New feed
Drake & Scull swings to $1.9m net profit growth in Q1 2018
May 15, 2018
Drake & Scull International (DSI) has reported a net profit growth of $1.9m (AED7m) for the first quarter of 2018, swinging from a net loss of $228m (AED839m) in the corresponding period last year
Source: New feed
UAE contractors share top tips to work during sandstorms
May 15, 2018
HSE leaders from Al Naboodah Group Enterprises and Khansaheb explain what contractors can do to ensure site safety during tough weather conditions
Source: New feed
Aldar Properties reports $182m net profit for Q1 2018
May 15, 2018
Aldar’s development sales reached $185.4m in Q1 2018, while its asset management business delivered a net operating income of $107.8m
Source: New feed