News tagged "Uae"

Union Properties reports net profit of US$ 15 mn for 2018

Union Properties reports net profit of US$ 15 mn for 2018

15th February 2019

According to *Tradearabia news report, Union Properties, a leading UAE real estate developer with a 30-year track record of delivering iconic residential developments, has reported a net profit of Dh62.33 million ($15 million) for 2018, up 19 per cent over the previous year when the company had registered a loss of Dh2.37 billion.[..]

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Emaar Development records net profit of US$ 1.062 bn

Emaar Development records net profit of US$ 1.062 bn

14th February 2019

According to *Tradearabia news report, Emaar Development, the UAE build-to-sell property development business majority-owned by Emaar Properties, has recorded a net profit of Dh3.901 billion ($1.062 billion) for the full-year 2018, up 42 per cent, compared to Dh2.743 billion ($747 million) the previous year.[..]

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ANCG to renovate south runway at DXB

ANCG to renovate south runway at DXB

13th February 2019

According to *ME Construction News report, Al Naboodah Construction Group (ANCG) – the construction division of Al Naboodah Group Enterprises – has announced that it will lead a record-time renovation upgrade to resurface the south runway at Dubai International Airport (DXB), which welcomed more than 89.1 million passengers in 2018, making it the busiest in the world by passenger traffic.[..]

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Emaar announces launch of Phase Three of Expo Golf Villas

Emaar announces launch of Phase Three of Expo Golf Villas

12th February 2019

According to *Tradearabia news report, leading UAE developer Emaar has announced the launch of the Phase Three of Expo Golf Villas, a limited collection of three and four-bedroom premium villas located right next to an 18-hole championship golf course near Expo 2020 site in Dubai.[..]

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NMDC wins US$ 1.36 bn contract for Phase 1 development of Ghasha Concession

NMDC wins US$ 1.36 bn contract for Phase 1 development of Ghasha Concession

6th February 2019

According to *Tradearabia news report, UAE-based National Marine Dredging Company (NMDC) has been awarded a major contract by Abu Dhabi National Oil Company (Adnoc) to provide dredging, land reclamation and marine construction services contract for the first phase of development of the Ghasha Concession in the UAE capital.[..]

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DSI appoints Tawfiq Abu Soud as its new Group CEO

DSI appoints Tawfiq Abu Soud as its new Group CEO

5th February 2019

According to *Tradearabia news report, UAE-based Drake & Scull International (DSI), a regional leader in engineering and construction services, has appointed Tawfiq Abu Soud as its new Group chief executive officer, replacing Yousef Al Mulla, who stepped down from his post  in December along with the group chairman Abdullah Atatreh.[..]

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