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CH2M selected for civil works for Container Terminal 4 at Dubais Jebel Ali Port

2016-04-22 01:00:00| Ship Technology

Experts from US-based CH2M have been selected by marine terminal operator DP World to provide design review and site supervision services to support the delivery of the civil, mechanical and electrical works for the new Container Terminal 4 at Jebel

Tags: works selected port civil

Dubai's Al Maktoum International Airport to have new MRO facility

2016-01-08 01:00:00| Airport Technology

Air India Engineering Services Limited (AIESL) has signed a memorandum of understanding (MoU) with Haveus Aerotech India to construct maintenance, repair and overhaul (MRO) facility at Dubai's Al Maktoum International Airport.

Tags: international facility airport international airport

Dubai's real estate market is looking vulnerable again

2015-08-02 18:06:49| Real Estate - Topix.net

Residential real estate sales fell by 69% in the first half of 2015 compared to the same period the year before, according to a report released by the country's Land Department. What worried the IMF? Property prices climbed 32% from the first quarter of 2013 to the first quarter of 2014.

Tags: real estate market real estate

How will plunging oil prices affect Dubai's glittery real estate sector?

2014-12-21 19:52:35| Real Estate - Topix.net

The big threat to the market is that lower oil revenues in the Gulf could slash the amount of money available to buy Dubai property The plunge in oil prices may take more of the froth off Dubai's booming real estate market, but broad-based demand for property is likely to prevent any crash, said a report. As the global financial crisis slashed oil and equity prices in 2008, Dubai's real estate market began a collapse that roughly halved residential prices in 12 months and forced the restructuring of tens of billions of dollars of corporate debt.

Tags: real estate prices oil