Browsing: Construction

UAE insurance providers have reported a considerable surge in claims following the heaviest rainfall in 75 years, with some firms experiencing spikes of up to 400% compared to previous peaks, primarily attributed to vehicle damage.

The economy of Abu Dhabi’s private sector has expanded by 35 per cent to over $92B since 2016, reflecting the increasing significance of the emirate’s non-oil economy.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has authorised the commencement of the Yas Canal residential project in Al Raha Beach.

The RTA reports that it has completed 75 per cent of a Dubai road project aimed at reducing journey times and enhancing traffic flow.

Dubai is gearing up for the construction of two new football stadiums, following the approval from Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, Chairman of Dubai Executive Council, and President of Shabab Al Ahli – Dubai Club, for the architectural designs of the new Shabab Al Ahli – Dubai Club stadium at Al Ruwayyah 3 and the new Al Wasl Club stadium at Al Jaddaf.

India’s economic growth accelerated to 8.4 per cent in the October-December quarter of this fiscal,…

Dubai’s Roads and Transport Authority (RTA) has revealed significant initiatives to alleviate traffic congestion and expedite journeys on Al Khail Road.

Burtville Real Estate has introduced “Ville 11” in Abu Dhabi’s Masdar City, featuring 111 residential units.

Saudi Arabia has introduced an array of ambitious projects aimed at reshaping the nation into a global economic force. These initiatives, involving substantial investments in the billions of dollars, are designed to diversify the economy, generate employment opportunities, and position the country as a premier destination for trade and tourism.

The Central Bank of the UAE (CBUAE) has revised its GDP growth outlook for 2024, expecting a 5.7% expansion, up from the previous projection of 4.3%.