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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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Kuwait awarded KD570 million ($1.7 billion) worth of construction projects in the first half of 2016. (File photo)
July 24th, 2016 - 12:30 GMT

Kuwait set to award $27B contracts this year

Dubai is seeing exponential growth in foreigners owning property in the emirate. (AFP/File)
July 24th, 2016 - 12:00 GMT

Saudis, Jordanians top the list of Arab property buyers in Dubai

Economic growth in the country had been subdued ever since oil prices fell from record highs two years ago. (File photo)
July 21st, 2016 - 12:00 GMT

Bahrain's full foreign ownership move to boost property market

Built 146 years ago, the Suez Canal is one of the world's most heavily used shipping lanes. (AFP/File)
July 21st, 2016 - 04:00 GMT

Egypt’s Suez Canal Authority forecasts significant boost in revenue for fiscal year 2016/2017

The smart city will be completely sustainable and provide about 200 megawatts of electricity using photovoltaic roofs on homes and other premises.  (Photo courtesy of Gulf Business)
July 20th, 2016 - 07:30 GMT

Petal power: Dubai to build eco-friendly Desert Rose City


The project is divided into several phases and Empower will produce 30,000 RT by the fourth quarter of this year. (Nooz.com)
July 20th, 2016 - 04:44 GMT

Just chill: Nakheel awards $490M contract to Empower for Dubai cooling plants

Egypt’s President Abdel-Fattah El-Sisi, far left, with African heads of state at the AU summit in Kigali, Rwanda. (AFP/Cyril Ndegeya)
July 19th, 2016 - 12:00 GMT

Nile dam talks advance at African Union Summit, but not as quickly as construction

The group has been beset by financial and legal difficulties due to the crane accident, government cuts and a fall in oil prices. (File photo)
July 19th, 2016 - 11:00 GMT

Binladin Group requests extension on $217.8M loan repayment

UAE property prices are considerably cheaper than in other leading cities in the world and have dropped significantly since mid-2014. (Shutterstock)
July 18th, 2016 - 08:00 GMT

Only 30 percent of UAE residents own homes, citing affordability concerns

The emirate’s flagship urban project, Dubai South is conceptualised to manifest the themes of happiness as set out in the Dubai Plan 2021. (Trade Arabia)
July 18th, 2016 - 05:00 GMT

Dubai South dishes out $272M in Residential District contracts

The Omagine Project will have seven pearl shaped buildings, each with a different theme.  (Omantourism.gov.com)
July 14th, 2016 - 12:00 GMT

Oman's $2.5B Omagine Project targets 2024 completion

Singapore's Raffles Hotel, the flagship of FRHI Hotels & Resorts. (Wikipedia)
July 14th, 2016 - 10:00 GMT

AccorHotels eyes MidEast luxury market after FRHI acquisition

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