Eshraq Properties reported a net profit of AED14.8mn for the first half of 2018 as compared to a net loss of AED0.32mn for the same period last year.
Author: Paromita Dey
Developer of The Heart of Europe, a cluster of six islands on The World, Kleindienst Group, unveiled the first Sweden Beach Palace at Sweden Island.
Dubai developer Damac Properties has signed an agreement with Radisson Hotel Group (RHG) to develop and launch the Radisson Hotel, Dubai Damac Hills.
Abu Dhabi City Municipality has awarded Tristar a contract for the construction of a community market at Mohammed bin Zayed City.
UAE-based property developer, Azizi Developments, announced attractive pricing for its Azizi Grand project in Dubai Sports City.
The Saudi Arabia transport ministry has announced that it has completed work on 55 road projects worth SAR4.98bn during the first half of 2018.
Shaher Mousli, CEO, Arthur Mackenzy Properties Group (AMPG), talks about the growing investment opportunities in the UAEs third largest emirate, Sharjah.
UK-based Sparrows Group, a specialist equipment and integrated engineering services company, granted commercial registration to operate in Saudi Arabia.
The Kuwait government is likely to award contracts for its Fahaheel Expressway (Road No 30) project by the fourth quarter of 2020.
UAE-based contractor, Arabtec Holding, reported a 97% jump in its net profit for the first half of 2018, to AED113mn from last year’s AED57.4mn.