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Union Properties, the UAE real estate developer with a 30-year track record of delivering iconic residential developments, reported a net profit of AED62.33 million for 2018, marking a 19% increase in the company’s annual income over 2017, when the company registered a loss of AED2,375 million. Meanwhile, shareholder equity surged by AED452 million compared to 2017.

Axalta announced today that it will be the headline partner for IBIS Middle East, the collision repair industry’s leading networking platform for vehicle manufacturers, insurers, suppliers and bodyshops. 

Themed with ‘Strategic Sustainability’, IBIS Middle East 2019 will be held in Dubai on 13th of March 2019. It will gather representatives from more than 30 countries around the world and will bring together the latest trends and a world class agenda where delegates can learn from some of the industry’s most engaging thought leaders.

Sobha Realty, the leading premium real estate developer, has announced the handover of the phase one of Hartland Greens apartments, located in its iconic Sobha Hartland development in Mohammed Bin Rashid Al Maktoum (MBR) city.

The company welcomed the first residents who moved into the community with a special housewarming event, attended by over 150 guests. This included open-air barbecue, live cooking stations, live music and children activities.

Leading UAE-based technology and sustainability-driven facilities management (FM) company Farnek, has broken ground on its new AED 150 million state-of-the-art staff accommodation in Dubai Investments Park.

The 100,000 square feet facility, which will become home to some 5,000 Farnek employees, will be completed by the summer of 2020. The low-rise (basement, G+5) building will raise the bar for intelligent buildings, employing the latest smart technology and the most energy, water and waste-efficient accommodation centre of its kind, not only in the UAE but throughout the region.

W Dubai – The Palm is now welcoming its first guests. The impressive project was delivered on specification and within budget expectations.  

The five-star hotel consists of three buildings and spans 100,000sq.m. across Palm Jumeirah’s Western Crescent. Alongside the 350 luxury rooms and suites, the hotel – managed by Marriott International – features a clubhouse, a 475-metre beach, several pools and restaurants, landscaped gardens, back-of-house areas and state-of-the-art security.