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Property, infrastructure, engineering and materials

Policy & Legal Updates
Source: Khaleej Times

Dubai Enforces Shared Housing Standards With September 2027 Compliance Deadline

Dubai's new shared-housing regulations took effect on September 8, establishing strict space, sanitary, and permit requirements for co-living properties. Existing shared accommodation operators and property owners have been granted until September 8, 2027, to achieve full compliance. Industry practitioners note the reduced occupancy density could raise bed-space rental rates in certain areas.

China–UAE News
Source: Baird Maritime

NMDC Group Inaugurates AED 618 Million Dredger Built in Nantong, China

UAE-based NMDC Group has inaugurated its new heavy-duty cutter suction dredger, the Abu Al Bakhoush, in Nantong, China. Constructed by Jiangsu Haixin Shipping Heavy Industry under an AED 618 million ($168.3 million) contract, the 148-metre vessel expands NMDC Group's fleet to more than 170 marine assets.

Industry News
Source: Business Recorder

UAE Stocks End Mixed as Easing Iran Tensions Lift Dubai Benchmark Index

United Arab Emirates stock markets ended mixed on Friday as regional tensions eased following remarks from US President Donald Trump regarding Iran. Dubai's benchmark index broke a three-session decline to close 0.3% higher, driven by gains in Emirates NBD and Emaar Properties. Abu Dhabi's index finished lower, pressured by drops in basic materials, telecoms, utilities, and First Abu Dhabi Bank.

China–UAE News
Source: Dredging Today

UAE’s NMDC Group Inaugurates Heavy Cutter Suction Dredger Built in China

Abu Dhabi-based NMDC Group has inaugurated its new heavy-duty cutter suction dredger, Abu Al Bakhoush, in Nantong, China. The 148-meter rock-cutting vessel was constructed by Jiangsu Haixin Shipping Heavy Industry. The vessel expands NMDC's fleet to support international projects while adhering to environmental standards.

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