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Infrastructure and Property

Infrastructure and Property latest

Azizi Developments marks 39% construction milestone at Azizi Venice in Dubai South
April 28th, 2026 - 06:58 GMT

Azizi Developments marks 39% construction milestone at Azizi Venice in Dubai South

Azizi Developments, a leading private developer in the UAE, has announced that construction across the first 14 buildings released at Azizi Venice, its mixed-use community in Dubai South, has reached 39% completion. Centered around one of the world's largest swimmable lagoons, the project represents a significant step forward for one of the emirate’s most ambitious waterfront developments. Residences in the first phase are advancing rapidly. Azizi Venice 3 leads at 74% completion, followed by Venice 1 and 2 at 64% and 57% respectively. Venice 4, 5, 8, 9, and 13 ...
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The results mark the first quarter of profitability for the Dubai-based construction company after nine quarters of loss-making as it attempts to restructure and turn around performance. (AFP/ Karim Jaafar)
May 4th, 2017 - 11:03 GMT

Dubai's Arabtec Finally Returns to Profitability With $4.8 Million Net Profits

The Singapore-based Changi Airports International (CAI) will operate Jeddah’s new King Abdulaziz International Airport for a period of 20 years. (Twitter)
May 1st, 2017 - 02:39 GMT

Saudi Arabia awards Jeddah airport contract to Singapore’s Changi

Qassim and Hail airports become the 16th, 17th airport run by the Turkish company both in Turkey and abroad. (AFP photo)
April 26th, 2017 - 10:39 GMT

Turkey's TAV Airports to operate two more airports in Saudi Arabia

The bodies of two Indian workers belonging to a now defunct construction company have been lying in a mortuary in Riyadh for months as their employer refused to bear the cost of repatriation. (Shutterstock)
April 25th, 2017 - 01:27 GMT

Saudi Arabia: Bodies of two Indian workers left to rot as company refuses to pay repatriation costs

Vida Beach Reem Island Abu Dhabi
April 25th, 2017 - 08:56 GMT

Aldar appoints Emaar Hospitality Group’s Vida Hotels and Resorts to operate iconic urban resort on Abu Dhabi’s Reem Island

Golfotel, the only premium 5-tower hotel property surrounded by a golf course in Dubai.
April 23rd, 2017 - 08:20 GMT

DAMAC Properties launches Golfotel to target Dubai’s Growing Golf Tourism Market

Villas on Amwaj Islands are currently considered the most expensive in the kingdom, though residential values held steady in other parts of the country, remaining unchanged for six consecutive quarters. (Shutterstock)
April 20th, 2017 - 11:04 GMT

Rents in Bahrain drop further as supply exceeds demand

Yas Mall in Abu Dhabi. (Aldar Properties)
April 19th, 2017 - 11:06 GMT

Oversupply of retail space in Abu Dhabi pushes rental prices down 58 percent: Report

Somalia has declared a state of emergency over severe drought and 2.9 million of its population face a food crisis that could lead to famine, according to the UN. (AFP)
April 19th, 2017 - 09:19 GMT

UAE's Khalifa Foundation builds largest concrete dam in drought-struck Somalia

Emaar Malls Annual General Meeting
April 19th, 2017 - 08:54 GMT

Emaar Malls AGM approves 10% cash dividend of AED 1.3 billion (US$ 354 mn) for second consecutive year

Arabella Townhouses comprise spacious three to five bedroom units, making them ideal for families.
April 19th, 2017 - 05:28 GMT

Dubai Properties launches sale of ‘Arabella Townhouses 3’ as part of growing portfolio of futuristic housing solutions

The mall's developer said it will open in 2020 instead of 2018. (Reem Mall)
April 17th, 2017 - 09:42 GMT

Abu Dhabi's Reem Mall delayed until 2020 due to design changes: Developer

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