New Asteco report says the Dubai market has seen a substantial delay in project handovers, mainly resulting from overly ambitious schedules Dubai villa and apartment rental rates maintained a downward trajectory during the third quarter of 2018, reflecting a trend observed over the...

UK picks award-winning British artist Es Devlin OBE to work on pavilion for Dubai Expo Award-winning British artist Es Devlin OBE is set to design the UK pavilion at Expo 2020 Dubai. The pavilion will be the centrepiece of the UK’s presence at the Expo, highlighting UK expertise...

Developer Deyaar says new Dubai Science Park residential project will be launched on day 1 of Cityscape 2018 Deyaar Development will launch Bella Rose on day one of Cityscape 2018, joining its expanding portfolio of residential and hospitality properties in Dubai. Located in Dubai...

ADNOC Distribution shareholders will vote on a proposal for $200m interim dividend at a meeting in Abu Dhabi on October 14 ADNOC Distribution’s board of directors has approved a resolution recommending payment of an interim dividend of AED735 million ($200 million), which will be...

Sarab Community will feature 109 homes and a hidden members-only gym and swimming pool, surrounded by trees and built below ground level Developer Arada has announced the release of a new luxury garden community at the heart of its record-breaking Sharjah mega project, Aljada....

Aldar announces acquisition of property services firm Khidmah by taking ownership to 100% Aldar Properties on Wednesday announced that it has acquired 40 percent of Khidmah, a UAE-based integrated property services companies, taking its total ownership to 100 percent. Abu...

More employees across all UAE economic sectors received salary increases in 2018 compared to the previous year, with 72% of companies across the country awarding their workers raises.  The number of companies paying out bonuses also increased to 65% across all organisations surveyed...

SSH, a leading masterplanning, infrastructure, building design and construction supervision firm in the region, said it has been signed up by leading UAE developer Emaar to carry out full architecture services on its prestigious Grande Tower coming up at Dubai's Opera District. The luxury...

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has allocated nearly Dh3.2 billion ($871.18 million) towards development projects in the agricultural and irrigation sectors in developing countries. Representing 7 per cent of the total financial...

Construction firm Ali Mousa & Sons Contracting expected to complete Dragon Towers project in 2021 Nakheel has signed a construction contract for Dragon Towers, its new, twin-building residential complex with a total development value of AED713 million, to be built at Dubai’s Dragon...