DAMAC Maison Bay's Edge set to open
(Saudi Gazette - 26/04/2017)
DAMAC Properties, a leading luxury real estate developer in the region, announced that DAMAC Maison Bay's Edge will open in May 2017. Strategically located in Business Bay - the heart of the business, dining and shopping district of Dubai, the plush
Emaar Hospitality unveils six new hotel projects
(Trade Arabia - 25/04/2017)
Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties, has unveiled six new hotel projects as part of its regional and international expansion plans, at the Arabian Travel Market (ATM) 2017 in Dubai, UAE. The new hotels and
DAMAC launches promo to win a hotel room at AKOYA Oxygen
(Saudi Gazette - 25/04/2017)
DAMAC Hotels & Resorts, the hospitality arm of luxury real estate developer, DAMAC Properties, on Monday announced that it will be giving away a hotel room at the prestigious Golfotel, the only premium 5-tower hotel complex surrounded by a golf course in
Emaar declares 15% cash dividend
(Saudi Gazette - 24/04/2017)
EMAAR Properties PJSC declared a cash dividend of 15 percent of the share capital, equivalent to AED1.074 billion ($292 million), for distribution to the company's shareholders at the 19th Annual General Meeting held last April 18. The AGM also approved
ALDAR to highlight Abu Dhabi's investment at 4-day RESTATEX event
(Saudi Gazette - 23/04/2017)
Aldar Properties PJSC, Abu Dhabi>s leading listed property development, investment and management company, will exhibit at the Riyadh Real Estate & Urban Development Exhibition 2017 (RESTATEX) that opens today (April 23). At the Kingdom's most prominent
Saudi Dar Al Arkan lists $500m sukuk on Nasdaq Dubai
(Trade Arabia - 19/04/2017)
Saudi-based Dar Al Arkan Real Estate Development Company on Wednesday rang the market-opening bell to celebrate the listing of a $500 million sukuk on Nasdaq Dubai, the region's international exchange. The listing provides strong support for Dar Al
Aldar to build mega park in Abu Dhabi
(Trade Arabia - 19/04/2017)
Aldar Properties, a leading property developer in Abu Dhabi, has announced plans to build a new one-million-sq-ft public park on Reem Island at a cost of Dh250 million ($68 million). It is due to be completed next year. Situated in the heart of its
URC holds its AGM for fiscal year 2016
(Arab Times - 19/04/2017)
United Real Estate Company (URC), one of the leading real estate developers in the Middle East and North Africa (MENA), has announced the holding of its General Assembly Meeting for the fiscal year ending Dec 31, 2016. Tariq Mohammed AbdulSalam, Chairman
Aldar Properties chairman sees growing demand for mid-market housing
(Gulfnews - 18/04/2017)
Aldar Properties chairman brushed aside weakness in Abu Dhabi's real estate sector asserting that demand is strong and the company will focus on low and mid income developments. Speaking to reporters at the launch of the new mid-market project, Dh1.3
Emaar declares 15% cash dividend
(The Gulf Today - 18/04/2017)
The 19th Annual General Meeting (AGM) of Emaar Properties on Monday declared a cash dividend of 15 per cent of the share capital, equivalent to Dhs1.074 billion ($292 million), for distribution to the company's shareholders. The AGM also approved the
Arabtec appoints Peter Pollard as Group CFO
(Press Release - 17/04/2017)
Arabtec Holding PJSC ("Arabtec" or "the Group"), a leading contractor for social and economic infrastructure, today announced the appointment of Mr. Peter Pollard as the Group Chief Financial Officer ("GCFO"). Mr. Pollard will assume his role on 16 April
Al Mazaya Holding, Boubyan Bank sign financing agreement
(Arab Times - 17/04/2017)
Al Mazaya Holding and Boubyan Bank have signed a partnership agreement whereby the Kuwaiti bank will provide credit facilities of up to KD 70,000 for property ownership solutions across Oman, Dubai and Istanbul. The agreement is the first such alliance
Ezdan gears up for first phase of 'Oasis' project
(Gulf Times - 17/04/2017)
Plans are in the pipeline for the launching of the first phase of 'Ezdan Oasis' - Ezdan Holding Group's mega real estate project, Group CEO Ali Mohamed al-Obaidli announced. He was speaking yesterday during the group's ordinary annual general meeting,
Mubadala, Eshraq to set up Abu Dhabi real estate JV
(Trade Arabia - 17/04/2017)
UAE-based developers Mubadala Development Company and Eshraq Properties have announced plans to set up a new real estate company which will jointly develop plots in Abu Dhabi. The move comes following the signing of a heads of terms pact in which the two
Emaar AGM to discuss plan for 15pc dividend
(Trade Arabia - 17/04/2017)
Emaar Properties' 19th Annual General Meeting (AGM) tomorrow (April 17) will discuss the proposal of the board of directors to distribute cash dividends of Dh1.07 billion ($291.32 million), representing 15 per cent of the share capital (15 fils per
Aldar, Emaar to set up Abu Dhabi's first KidZania
(Trade Arabia - 16/04/2017)
Aldar Properties, a leading property developer in Abu Dhabi, UAE, and Emaar Entertainment, a leading operator of exceptional and unique leisure and entertainment business of Emaar Properties has signed a partnership deal that will see Yas Mall become the
Aldar continues to maintain steady progress on main projects
(Gulfnews - 13/04/2017)
Aldar Properties continues to maintain steady progress across its seven main projects under development, the company said in a statement. Yas Island's Ansam and Al Raha Beach's Al Hadeel are entering into the final stages of development ahead of
RAK property sector valued at Dh4.95b in 2015
(Gulfnews - 05/04/2017)
Ras Al Khaimah's real estate sector reached a value of Dh4.95 billion in 2015, up from Dh3.4 billion in 2011, a total percentage growth of 45 per cent, according to a study by Ras Al Khaimah Chamber of Commerce. Annual growth in the sector reached 15 per
Aldar awards Dh500 million development contract for Mayan
(Gulfnews - 02/04/2017)
Aldar Properties PJSC, an Abu Dhabi listed property development, investment and management company, has awarded its main contract for Mayan, a luxury residential development located on Yas Island, to Ghantoot General Construction, one of the leading
Please wait...
