Arabtec Holding, the largest construction group in the region, will file for bankruptcy following a vote held during a general assembly meeting (GAM) held today, several media outlets have reported. Reuters (which last week reported that the firm that built the world’s tallest building had hired advisory firm AlixPartners to help restructure its debt) claimed […]

The development of Poland’s pavilion at the upcoming Expo 2020 Dubai event is entering a ‘key phase’ as it is adapted to meet new guidance intended to prevent the spread of the Coronavirus, say its organisers. “We have been working very intensively over the last few months on the composition of the visitor’s path and […]

Developer Kleindienst Group claims the combination of “micro jungles, hanging gardens, a rainforest, an expanded marine habitat and coral reefs, zero discharge policy, sustainable transportation and solar-powered electricity will make the Heart of Europe the most sustainable tourism destination in the world”. Phase 1 of the US$5 billion project which is currently under construction on […]