According to a Dubai Land Department report, 37,633 transactions for land, residential units, and buildings generated more than $24bn, while 11,699 mortgage deals amounted to $27.8bn
Source: New feed
WSP, ASIS address information resilience in GCC’s built environment
Information and cyber security within the GCC?s built environment must evolve to form a collective approach of information resilience, according to WSP
Source: New feed
Expert: Expo 2020 to keep Dubai busy for the next two years
Source: New feed
UAE’s DC Pro Engineering opens two offices in Australia
DC Pro’s offices in Perth and Melbourne will work with public and private entities to meet energy distribution, generation, and storage needs of Australian consumers
Source: New feed
Update: Emaar to offer 20% stake in real estate subsidiary
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
Saudi developer Jabal Omar forms Jeddah subsidiary
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
Jabal Omar inks MoU with UAE developer to build in Saudi
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 real estate trade value increases by 37% in third quarter
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
DP World, Jafza drive sustainability with more solar projects
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 CE sees 34% rise in equipment sales in Q3 2017
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