Abu Dhabi’s Khalifa Port plans $353mn expansion drive
Abu Dhabi Ports, the master developer, operator, and manager of commercial and community ports within the emirate, is set to ...
Country: United Arab Emirates
Dubai real GDP projected to grow 3.2% in 2020
Dubai’s real Gross Domestic Product (GDP) is projected to grow 2.1 percent this year, 3.2 percent in 2020 and 3.0 ...
Dubai tops ‘Construction Mega Cities’ list; beats London, NY
Dubai has been ranked among the top ‘Construction Mega Cities’ (those having a pipeline of projects worth over $30 billion) ...
UAE plans to build over 23,000 new housing units by 2025
The UAE government has announced plans to build more than 17,873 new residential units across the country at an investment ...
Abu Dhabi, Kuwait sovereign funds plan investment in Aramco IPO: sources
The sovereign wealth funds of Abu Dhabi and Kuwait plan to invest in the initial public offering (IPO) of Saudi ...
Dubai economy grows 2.1 percent in H1; hits $56.7bn
Dubai's economy grew 2.1 percent year-on-year (YoY) in the first half (H1) of 2019, with the GDP reaching Dh208.2 billion ...
Emaar unveils lush green Dubai residential project
Leading UAE developer Emaar Properties has announced the launch of The Valley, a new master development on Dubai-Al Ain Road. ...
UAE, Egypt launch giant $20bn investment program
The UAE and Egypt launched a giant $20 billion joint investment program Thursday to develop “economic and social projects,” as ...
434 hotel projects underway in Mideast in Oct: STR
A total of 434 hotel projects accounting for 119,991 rooms were in construction in the Middle East and 135 projects ...
RTA awards contract for Dubai Metro stations upgrading
Dubai's Roads and Transport Authority (RTA) has awarded a major contract for up-gradation of three stations on the Red Line ...
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