Construction firm Laing O’Rourke plans to add up to 4,500 more staff to its operations in the Middle East next year. The largest private construction company in the UK, it has said that its future growth will be in the GCC. The company currently employs just over 4,000 people in the Middle Ea...
Dar Al Arkan launches its Qasr Khozam development today. The new town in Jeddah, Saudi Arabia is a 4 million square metre area of land that also incorporates the palace of the late King Abdulaziz bin Al Saud. The development is expected to take six years to complete and will be done in phases. The m...
Dubai-based ACI Real Estate has launched a Dhs3bn tennis academy and resort in the UAE emirate of Ras Al Khaimah along with tennis legend Boris Becker, who holds a 50% partnership in the academy and part ownership in the rest of the resort. The Boris Becker Beach Resort and Tennis Academy is ACI...
Dubai's attorney general said yesterday that former Deyaar chief executive Zack Shahin may remain in custody until the prosecution has completed its investigation, reported Khaleej Times. The detention of Shahin, who is under investigation for alleged financial irregularities, was extended for ...
Dubai-based Nakheel and The Land Holding, a Saudi Arabian developer, have signed an agreement to form a joint venture company for the development of projects at Waterfront, a Nakheel coastal master-development. According to Yousuf Kazim, the managing director of Nakheel Joint Ventures, the new compa...
Dubai Investments Park (DIP) is a recent, Environment friendly zone located in UAE. Dubai Investments Park (DIP) delivers all requests for business, residential, recreational development. It covers 3200 hectares area and located approximately nine kilometers Ireland from the Arabian Gulf. It is approximately 3.5 kilometers in width and 9.7 kilometers in length.
The Dubai Investment Park has extremely competitive real estate market in UAE. The Park has a high profile and environment-friendly technology development, which is designed to be a self contained city with diverse land usage and special features. Dubai Investment Park is a moderate business zone spreading in large area of 32 million square meters offering investors a range of quality services. DIP has a wide variety of aim such as manufacturing, office, housing, research, distribution, logistics and academic function.