Taleem REIT fund to buy prime Saudi property

Taleem real estate investment fund (REIT) said it has reached an agreement with top Saudi investment company Al Rajhi United to acquire a 30,000-sq-m educational real state located in Al Nuzha district in capital Riyadh.

Building up to 2018: Trends to look for in the building industry

With 2017 in the rear-view mirror, it’s time for the building industry to set its sights on the year ahead. Whilst still challenging, the last 12 months have definitely seen an uptick in the market as regional governments and the private sector have adapted to the new paradigm of lower oil prices and set in place strategies and programmes that provide a more economically sustainable development pathway.

Empower to supply cooling to Dubai's Museum of the Future

District cooling services provider Emirates Central Cooling Systems Corporation (Empower) recently signed a contract with the Museum of the Future to provide 2,459 refrigeration

Dubai's RTA unveils MENA's first BIM centre

Dubai's Roads and Transport Authority (RTA) has unveiled the Middle East and North Africa's (MENA) first building information modelling (BIM) centre.

FEWA to complete $86m worth of projects in Ajman by 2018

The Federal Electricity and Water Authority (FEWA) has announced that it is currently working on seven water development projects worth a total of $86m (AED315m) in different areas in Ajman.

Centrifuge Equipment Services launches in UAE

Centrifuge Equipment Services (CES) has opened a fully-integrated centrifuge service facility in the Middle East and North Africa.

Bahrain tourism infra investment reaches more than $13bn

Investment in Bahrain’s tourism infrastructure has reached more than $13bn, according to the Bahrain Economic Development Board (EDB).

Oman's under-construction Shaza Salalah hotel to open in Q2 2018

Construction work is underway for the Shaza Hotel and Resort in Salalah, it was revealed.

Dubai Frame to open in January 2018

The Dubai Frame will open to the public next month, it has been announced.

UAE approves $88m housing aid for nationals

The UAE government has approved housing aid worth Dh322 million ($88 million) for a total of 449 Emirati nationals under its Sheikh Zayed Housing Programme, said a report.