News tagged "Dubai"

Turner & Townsend’s Middle East business revenues hit US$ 65 mn

Turner & Townsend’s Middle East business revenues hit US$ 65 mn

23rd July 2019

According to *Constructionweekonline news report, Turner & Townsend’s Middle East business saw revenues for the 12-month period ending 30 April, 2019, hit $65m – an 11% increase driven by further work in the sports, leisure, and hospitality sectors, which includes the refurbishment of Atlantis, The Palm hotel in Dubai.[..]

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Average sales prices and rents softens in Dubai in Q2 2019

Average sales prices and rents softens in Dubai in Q2 2019

19th July 2019

According to *Tradearabia news report, average sales prices and rents softened across most communities in Dubai in the second quarter. However, compared to last year, the average rate of price decline has slowed with apartment prices falling 15.1 per cent and villa/townhouse prices down 14.7 per cent, stated Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East.[..]

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Drake and Scull International replaces its CFO

Drake and Scull International replaces its CFO

19th July 2019

According to *Arabian Business news report, embattled Dubai-based contractor Drake and Scull International (DSI) has replaced its chief financial officer, according to a statement filed to the Dubai Financial Market (DFM).[..]

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Dubai to build advanced transport system for Expo 2020

Dubai to build advanced transport system for Expo 2020

16th July 2019

According to *ME Construction News report, Dubai is currently in the midst of building an advanced transport system through several vital projects that will serve an expected 25 million visitors to Expo 2020 Dubai, senior officials have said.[..]

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Dubai’s construction sector drove growth for the economy in June 2019

Dubai’s construction sector drove growth for the economy in June 2019

9th July 2019

According to *Constructionweekonline news report, research conducted by banking group Emirates NBD has shown that Dubai’s construction sector drove growth for the emirate’s economy in June 2019, with construction output rising at a “record pace” in the month, pushing the headline index to a seven-month high.[..]

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