Nakheel, developer of more than $30 billion in real estate in Dubai, and The Trump Organisation, a US-based global property developer, have entered into an exclusive joint venture deal to develop extensive real estate offerings throughout the Middle East.
The design of Abu Dhabi International Airport’s (Adia) multi-billion-dirham mega Midfield Terminal Complex will be unveiled next month, following an international competition which involved some of the world’s biggest design specialists.
More than 25 of the top international hotel brands will be located on Nakheel’s The Palm, Jumeirah development in Dubai, providing a wide variety of beachfront resorts and greatly enhancing Dubai’s tourism offer. Construction will commence on all hotels shortly, James Wilson, chief executive officer, Nakheel, says.
The UAE-based Building Products Division of Khansaheb Civil Engineering has joined forces with Ardex to bring a unique cement technology to Dubai’s booming tiling, commercial flooring and industrial flooring markets.
UAE-based Hira Industries, a leading distributor of HVAC (heating, ventilation and air-conditioning equipment), has started full production of a range of rubber-moulded and extruded products at its new plant in Al Quoz, Dubai.
The UAE government has been urged to intervene to bolster employment of nationals in desk-bound jobs in the construction sector. A Tanmia study said such intervention is justified owing to the large number of opportunities available.
Despite never having hosted a Formula One (F1) race, Dubai is set to host the $360-million F1 World theme park. To be sited within the MotorCity area of Dubailand, the project follows an agreement with the Formula One Administration (FOA), says Simon Azzam, CEO of developers Union Properties (UP).
Dubai Ports, Customs and Free Zone Corporation (PCFC) has launched a new system for engineering consultants to gain online access to its building permit process.
Emirates plans $81m apartmentsDubai: Expanding its presence in the hospitality sector, Emirates, the Dubai-based international airline, has launched a new project – Emirates Marina Serviced Apar-tments and Spa.
DP World has signed a Dh1.85 billion ($503.7 million) contract with Jan de Nul Dredging Limited, a major European company, to carry out dredging and reclamation works for Stage I of the Jebel Ali New Container Terminal.
Opening in time for the UAE National Day at the beginning of December will be the Middle East’s first indoor ski slope, Ski Dubai, at the Mall of the Emirates in Dubai. The snow is already being made, replicating the natural process with the technology from Acer Snowmec system. It looks, feels and tastes exactly like “wild snow”.
Emaar has signed a landmark Dh3.216 billion ($875.7 million) deal to officially appoint Samsung Corporation as the main contractor for the Burj Dubai, the world’s tallest structure.
The earthwork for Legends of Arabia, the first of the three theme parks, within the Legends in Dubailand, has been kicked off. The beginning of work closely follows the opening of a state-of-the-art on-site headquarters of the Legends Development Company (LDC).
The UAE has stamped its domination in the region’s construction sector by kicking off projects worth over Dh130.6 billion ($35.55 billion), this year. The developments account for 63.
Sub-developers at Riverwalk, the mixed-use development to be constructed in Dubai Internet City, will be contractually bound to deliver on time, according to W Jonathan Wride, managing director of Capital Partners, the development owners.
Aldar Properties, a premier real estate development, management and investment company headquartered in Abu Dhabi, has awarded a dredging and related marine works contract to Boskalis Westminster Middle East, as the first stage in the development of a waterfront resort and residential complex on the western edge of Abu Dhabi Island.
A consortium of German companies will develop a $70 million residential project called Cube in the Dubai Sports City. The Cube project, led by Trend Capital, a German issuing house, is believed to be the first example of German investment in Dubai's real estate.
Following its recent nomination as the winner of the e-business category at the UAE e-Content Awards, Jotun Paints’ Professional’s Network has been entered as a contender for the World Summit Awards (WSA) under the category of best e-business site.
Dubai Municipality is currently preparing preliminary designs for improving and enhancing efficiency of Al Ittihad Road at an estimated cost of Dh365 million ($99.34 million). The project involves upgrading Al Nahda roundabout (Al Mulla Plaza roundabout) and converting it into a signal-controlled intersection.