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Sunday, 12 October 2008 | 16:29 UAE time

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Emaar Economic City Q2 loss rockets nine-fold

Developer posts net loss of $10.8mn as King Abdullah Economic City development continues.

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King Abdullah City urban model for Saudi

City to be 'model community' for a country with poor planning, infrastructure.

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UK building industry worth four times less than Emaar

Stock market rout means four largest building firms are now worth a mere $4.3bn.

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Emaar teams with US firm on $2bn Saudi project

Companies to build 20-hectare mixed-used project in flagship economic city.

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$34.7bn invested so far in Saudi economic city

Figure for investment in King Abdullah Economic City much higher than previous estimates.

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DP World inks Saudi economic city deal

Dubai ports operator to develop and run Red Sea's largest port at King Abdullah Economic City.

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BUSINESS FEATURES

Race to the top

Architects from around the world are flocking to the Gulf to help developers in their race to the top.

Limitless looks to Africa

Limitless CEO Saeed Ahmed Saeed is ploughing ahead with a $110bn project pipeline and a focus on Africa.

Commodities RIP as leverage disappears

Commodities markets are heading for the biggest annual decline since 2001 as investors exit leveraged bets.

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BUSINESS INTERVIEWS

On cruise control in the Gulf

Michael Horrigan, chief executive of Island Global Yachting on the firm's recent tie-up with Nakheel.

Holding back the tide

Nakheel's CEO faces his toughest challenge yet in protecting the firm from cooling global real estate demand.

Talk sport

Sport organiser and promoter Barry Hearn has set his sights on the Middle East and is aiming for a bullseye.

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