ENBD REIT Limited, a Nasdaq Dubai-listed Shari'a compliant real estate investment trust, is looking to invest around $100 million in development projects to expand its ‘alternative assets’ portfolio in the UAE. The DIFC-based investment firm that raised $105 million through an IPO on Nasdaq...

Dubai: The first handovers of freehold homes in Dubai South — the “city within a city” — is set to roll before the year end, with up to 800 units being delivered in this phase. These will all be from private developers, as Dubai creates a destination where people can live and work without having...

Dubai Municipality has announced plans to implement its new green building rating system, Al Saafat, (palm frond in Arabic) in the beginning of next year, reported state news agency Wam. Saafat refers to the traditional Arabic system of using palm fronds as roofing to keep the interior...

Developers in the UAE are increasingly looking into offering more off plan projects that welcome foreign investors and home buyers contemplating long-term living in the UAE. Community living, which has been the dominant residential trend for several years now, continues to attract home...

Emirates will be the first airline to receive Boeing’s all-new 777X aircraft, when it gets rolled out in 2020, a senior Boeing executive confirmed, putting an end to the debate on which of its seven customers were going to launch the US planemaker’s flagship aircraft. Emirates will receive...

The total HVAC (heating, ventilation and air-conditioning) spend on construction projects in Dubai, UAE, has surged to $1.5 billion and is growing in line with the values of contracts awarded in the urban construction sector, said a report ahead of The Big 5 Dubai 2017 expo. The Middle East’s...

Company heads meet in Dubai to discuss boosting cooperation, offering new budget mobility products Ride-hailing app Uber Technologies has held further talks about offering a new budget taxi service in Dubai, it was announced on Wednesday. The heads of Dubai's Roads and Transport...

Drake & Scull International (DSI) has announced it has completed a capital restructuring which will see the cancelation of three quarters of its share base and 500 million UAE dirhams ($136.1 million) invested into the business by Tabarak Investment. In a statement published on the Dubai...

Amazon’s chief technology officer, Werner Vogels, has been recruited to deliver a keynote speech at this year’s GITEX Technology Week. Vogels is set to discuss Amazon’s growth from a start-up to the world’s fourth-biggest company by market capitalisation, according to the Financial Times Global...

Etihad Airways has been named 'Airline of the Year' in the UK for the fourth consecutive year by the Travel Trade Gazette (TTG). The Abu Dhabi-based airline beat strong competition to take the top prize at a ceremony held at London's Lyceum Theatre and attended by 750 leading figures from...