Dubai Holding launches $1.5bn Dubai Food Park

Dubai Holding has unveiled plans to build the $1.5bn (AED5.5bn) Dubai Food Park located at Dubai Wholesale City, the company announced at a briefing on Tuesday
Source: New feed

'Softening' of Dubai property expected in 2017

While residential sales values have declined, the rental market "looks set to experience further deflationary pressures", a recently released CBRE report revealed
Source: New feed

Carillion to exit GCC markets as CEO steps down

Carillion has announced the resignation of its chief executive officer, Richard Howson, along with plans that it will exit major markets in the Middle East
Source: New feed