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Nakheel ex-boss appointed CEO of Emaar Development
(Reuters - 01/11/2017)

Emaar Development (IPO-EMAA.DU), set to launch Dubai's first initial public listing in nearly three years on Thursday, has appointed the former boss of developer Nakheel as chief executive, it announced on its website. The appointment of Chris O'Donnell

Saudi's Jabal Omar picks two banks for sukuk sale early next year
(Reuters - 01/11/2017)

Saudi Arabia's Jabal Omar Development Co, one of the country's largest listed property developers, has hired two banks to manage a sukuk sale which could exceed 4 billion riyals ($1.07 billion) and is likely to take place in the first quarter of 2018,

Dubai's Union Properties unveils new investment unit
(Trade Arabia - 01/11/2017)

Leading UAE developer Union Properties has announced the launch of its investment arm, UPP Capital Investment, as the real estate group continues to roll out its diversification strategy. The new entity will specialise in direct and indirect real estate