Yousef Bin Abdullah Al-Shelash, chairman of Dar Al-Arkan, rang the market opening bell to celebrate the listing of a $500mn sukuk on Nasdaq Dubai.
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Azizi Developments appointed Progress Construction to begin developing Azizi Grand, its first residential project in Dubai Sports City, for AED166mn.
Aldar Properties has appointed Trojan General Contracting as the main contractor for Waters Edge, its latest waterfront development on Yas Island.
The Kuwait government is set to launch several development projects including building of new roads and related infrastructure at an investment of KWD8bn.
Dubai-based property developer, Danube Properties, announced the delivery of its third project, Glitz Residences 3, at Dubai Studio City.
Luxury developer Emaar Development unveiled a concept for co-living spaces – Collective – in Dubai Hills Estate that is ideally suited for investors.
The board of directors of Drake & Scull International announced the appointment of Dr Fadi Feghali as the group chief executive officer
Nakheel received the ISO 27001 standard recertification for Information Security Management, with its in-house IT team managing it in two months.
Dubai-based contractor, Drake & Scull International, announced that it is targeting to issue a sukuk convertible into equity in Q2 2018.
Nass Contracting won a $11mn contract from automation and technology major, ABB, to execute the civil works for a substation project at Dubai Hills Estate.