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Handover of Al Zeina homes begins

Handover of Al Zeina homes begins

Aldar Properties said on Monday that hand-over to homeowners has commenced at the beachfront Al Zeina residential development in its Al Raha Beach project. “Delivery of the first phase of the development which consists of three precincts… began last week, with the remaining homes scheduled for delivery this September,” Aldar said in a statement.

Circular HQ rounds up new tenants

Circular HQ rounds up new tenants

The 23-storey circular office building known as The Coin already draws stares from anyone driving past Al Raha Beach on the road between Abu Dhabi and Dubai. Now HQ, the building’s formal name, is attracting tenants, too. With the new tenant, HQ is about 60 per cent leased, property agents say.

Moevenpick finds going slow getting hotels built

Moevenpick finds going slow getting hotels built

Moevenpick signed agreements to manage four five-star properties in Abu Dhabi, but all the projects are behind schedule. One hotel, which was planned to be located next to Ferrari World onYas Island, should have opened last year but construction has yet to begin. “It should be open now,” said Mr Mattmueller. “We will see what’s going to happen.” The other hotels are planned for Reem Island, Al Raha Beach and Al Ain, and are some of the 13 agreements signed in the region for properties worth about US$1.5 billion (Dh5.5bn) in total.

Starwood Abu Dhabi Hotels introduce Choose Wisely Campaign in restaurants

Starwood Abu Dhabi Hotels introduce Choose Wisely Campaign in restaurants

The five Starwood hotels in Abu Dhabi are joining the Choose Wisely Campaign with an aim to replace overfished local species with more sustainable options.

Laing O’Rourke to close Mideast division

Laing O’Rourke to close Mideast division

However, it was confirmed that Laing O’Rourke will maintain its relationship with Aldar, with whom it is working on the AED54bn ($14.7bn) Al Raha beach project.