Spread across 2.4km, the waterfront destination is expected to open this year
Phase I and 2 of the residential development are 98 per cent sold out
The decision reversed efforts sought by a minority group of shareholders to restructure and save the company from liquidation
The specialised bulk storage terminal will have a total capacity of around 40,000 cubic metres
Earlier this year, Danube Group distributed Dhs1m worth of food kits across the UAE
The company has put thousands of employees on indefinite leave in recent months
It includes the construction of a Dhs4bn Dubai Centre for Waste Processing and a Dhs2bn Green Dubai Park Project
He instructed officials to open the entertainment and leisure project to the public within 30 days
The two residential projects include 327 studios, one, two-bedroom apartments and six retail outlets
The contract worth Dhs181m was awarded to Trans Emirates Contracting to begin main work on Zada
The development of the village will employ off-site fabrication and modular construction techniques, in line with Amaala’s sustainability goals
The project is part of Saudi Vision 2030
However, a new tax of 5 per cent – the Real Estate Transaction Tax – will be levied on property deals in place of the VAT
It was valued at about Dhs30bn at its peak in 2014 and is now worth Dhs795m
The façade of the complex includes 1,024 panels built using robotic technology
It recorded an H1 2020 loss of Dhs794m
AECOM will leverage its digital capabilities to deliver the services and enable collaboration across global teams
Marafiq’s shareholders include the Public Investment Fund, Saudi Arabian Oil Co. and Saudi Basic Industries Corp
Over 50 per cent of the total award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme
Construction on the Elan neighbourhood began in July this year
The UAE is poised for a rapid rebound from the Covid-19 pandemic, mainly led by tourism, opines Danube Group’s Rizwan Sajan
Munir Mansour has been appointed as the new CEO, while Peter Lalor has now taken over as the CFO
As much as 76 per cent of the construction work has been completed on the building
The valuation will be provided via DLD’s app called Dubai REST
Sustainable policies and awareness will help build a better future, opines Ali Al Jassim, chairman of Emirates Green Building Council
The company is working with US investment bank Houlihan Lokey Inc. on reorganising its debt
The project stands 95 per cent complete
The decision applies to all private sector establishments that employ five or more engineering professionals
The construction and engineering sector accounted for the biggest share of contracts in the first six months of the year
The startup will offer excavation, backfilling, and earthworks for Triple Bay Marina