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UAE construction industry on edge as Arabtec eyes ‘liquidation’

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What will liquidation mean for Arabtec’s current projects? Subcontractors are worried that their funds will get stuck in an already worsening situation. Image Credit: Virendra Saklani/Gulf News Dubai: Pressure on the UAE’s construction sector is increasing by the day, with banks now tightening up project-related financing over the last two months. With Arabtec – the[…]

Mansion Global Daily: Brubeck’s Mid-Century Masterpiece, Dubai Property Prices Down 40% From 2014, and More

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Mid-Century Home Jazz Great Dave Brubeck Built Selling in Connecticut The 6,250-square-foot house on a wooded 7.5-acre homesite is asking $2.75 million. Read More BY THE NUMBERS TRENDING TODAY LISTING OF THE DAY This Premier Quail-Hunting Estate Has Hosted Three U.S. Presidents The former Georgia governor’s father developed the 5,000-acre property on the Flint River.[…]

AHIC 2020: Aleph Hospitality to enter Dubai market | News

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United Arab Emirates-based independent hotel management company Aleph Hospitality has announced its entry into the Middle East market with the signing of its first hotel in Dubai. The new was confirmed during AHIC on the Road, a revamped hospitality showcase taking place across the emirate this week. The 386-room five-star hotel, located on Sheikh Zayed[…]

Le Meridien Dubai Hotel reopens with new look – News

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Le Meridien Dubai Hotel & Conference Centre will reopen its doors on October 1 following a brief closure period. The property, which sits nearby to the Dubai International Airport, features 18 F&B venues, five swimming pools, 24 MICE spaces and 580 keys. Each of the guestrooms have recently undergone a refurbishment also. As the property[…]

COVID-19 test reports from some Indian labs invalid for Dubai-bound passengers, Air India Express says

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Dubai: A week after it resumed its Dubai operations, following a brief period of suspension over COVID-19 rule violation, Air India Express (AIE) has announced that test reports from some labs in India will be rejected for travel to Dubai. The budget airline on Sunday advised passengers travelling to Dubai to obtain pre-departure reverse transcript-polymerase[…]