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Gulf Construction Online

  • Amali launches 24-villa luxury property in Dubai


    UAE-based Amali Properties has unveiled its first master-planned community, Amali Island, a collection of exclusive villas spanning a 1.2 million sq ft area on The World Islands in Dubai, and featuring 24 ultra-luxurious beachfront villas.

  • NMDC records solid net profit in Q1, revenue soars to $1.4bn

    STRATEGIC EXPANSION PLAN
    NMDC Group, a leader in engineering, procurement, construction and marine dredging, has reported solid growth for the first quarter with a net profit of AED641 million ($174 million), while its revenue soared to hit AED5.34 billion ($1.45 billion).

  • Tecom Q1 net rises 15% to $79m, occupancy at record


    Tecom Group, the creator of specialised business districts and vibrant communities, has posted 15% year-on year (YoY) rise in net profit to AED290 million ($79 million) for the first quarter as occupancy levels hit historic levels at 91%.

  • MEA fit-out costs resilient; marginal 3pc growth seen: JLL


    As average fit-out costs across global markets soars significantly year-on-year amid ongoing cost challenges, the construction sector in Middle East and Africa continues to be resilient, marking an average of 3% y-o-y increase across the region.

  • Geberit celebrates 150 years of innovation and sustainability


    Geberit, a global leader in sanitary products and systems, commemorated a key milestone by celebrating its 150th anniversary, a testament to its enduring legacy of innovation and pivotal role in shaping the landscape of sanitary technology globally.

  • Egis takes over British property consultancy Thomas & Adamson

    PROJECT MANAGEMENT BOOST
    Global engineering company Egis has announced the strategic acquisition of Thomas & Adamson, a property consultancy based in Edinburgh, in a move that will significantly help boost its project management and advisory capabilities in UK and Middle East.

  • Engie achieves key safety milestone at Yanbu 4 IWP site


    Engie, a global leader in low-carbon energy and services, has announced that it has achieved a major safety milestone at the Yanbu 4 Independent Water Project (IWP) by clocking 24 million safe man-hours without a Lost-Time Accident (LTA).

  • Arada launches new hospitality and entertainment division


    Sharjah developer Arada has consolidated its lifestyle assets into a separate 'Hospitality and Entertainment' unit with a new leadership, thus incorporating a range of rapidly growing segments including wellness, hospitality, events and F&B operations.

  • Stella Stays boosts Riyadh presence with two new buildings


    Stella Stays, a leading proptech company offering customer-centric, tech-backed living spaces, has announced the signing of contracts for two new buildings in Riyadh, thus adding 162 new residential units into its Saudi portfolio.

  • Brookfield buys controlling stake in GII logistics platform


    Brookfield Asset Management has announced that it has acquired a controlling stake in Gulf Islamic Investments’ logistics real estate platform through one of its private real estate funds. The portfolio, comprises 1.5 million sq ft of warehouses in UAE.

  • Arup wins spatial planning contract for Azizi Venice opera


    UAE-based Azizi Developments has signed up leading British engineering firm Arup to provide spatial planning services for the opera house coming up within its AED30-billion ($8.2 billion) mixed-use development Azizi Venice located in Dubai South.

  • Knight Frank closes sale for Downtown Dubai's costliest residence


    Knight Frank Mena has announced the sale of Kempinski Boulevard - the most expensive apartment in Downtown Dubai - for a record AED80 million ($22 million). The four-bedroom sky collection penthouse has a built-up area of 7,466 sq ft.

Building & Construction Window


Construction News

Amali launches 24-villa luxury property in Dubai

UAE-based Amali Properties has unveiled its first master-planned community, Amali Island, a collection of exclusive villas spanning a 1.2 million sq ft area on The World Islands in Dubai, and featuring 24 ultra-luxurious beachfront villas....


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