Deyaar selects UC Forward to market properties in China
(The Gulf Today - 22/06/2017)
Deyaar Development PJSC, one of UAE's leading property development and real estate services companies, has signed an agreement with real estate marketing and consultancy company UC Forward, to run roadshows in China showcasing Deyaar properties to
Damac chosen for $1 billion historic port transformation
(The Gulf Today - 22/06/2017)
Damac International has been chosen by the Government of Oman to develop its Port Sultan Qaboos into a world-class, waterfront mix use destination through a joint venture with Omran, the government's investment, growth and development arm. 'Mina Sultan
DSI seeks regulatory nod to initiate capital restructuring programme
(Gulfnews - 21/06/2017)
Drake & Scull International (DSI), said it will proceed with the final preparations to secure the approval of the Securities and Commodities Authority (SCA) to initiate the 75 per cent share capital reduction. The company is preparing to fulfil the
DAMAC giving away Mercedes Benz car to celebrate Ramadan
(Saudi Gazette - 21/06/2017)
BUILDING on its exclusive Ramadan promotions that kicked off with the holy month, DAMAC Properties, a leading luxury real estate developer in the region, is giving away a new Mercedes Benz car with the purchase of an Aurum villa at AKOYA Oxygen. This
DSI initiates 75 per cent capital reduction
(The Gulf Today - 19/06/2017)
A leading Middle East regional engineering and services leader, Drake & Scull International (DSI) on Sunday disclosed that the initial projected timeline of the capital restructiong programme has been deferred by a period of one month. The firm now
Emaar to manage the Jabal Omar Address Makkah premium hotel
(Saudi Gazette - 15/06/2017)
Jabal Omar Development Company (JODC), the region's leading real estate development company, announced Wednesday that Emaar Hospitality Group's premium luxury hotel brand Address Hotels + Resorts has been selected to manage its flagship hospitality
Eshraq Properties to divest its stake in Ward Holdings
(Gulfnews - 14/06/2017)
Eshraq Properties said that it has entered into an agreement divesting its equity representing 4.55 per cent of the total capital in Ward Holdings Limited, a company existing under the laws of DIFC (Dubai International Financial Centre) and whose main
Drake & Scull appoints acting finance head
(The National - 14/06/2017)
Dubai-based contractor Drake & Scull International (DSI) said on Tuesday it has appointed a new acting chief financial officer to assist with its capital restructuring and ongoing negotiations with its lenders. The company has hired Feras Kalthoum as its
Former Drake & Scull chairman sells stake at Dubai contractor
(The National - 12/06/2017)
The former Drake & Scull chairman Khaldoun Tabari has sold his stake in the contractor Drake & Scull to the company pledging to put Dh500 million of new money into the business. Mr Tabari is understood to have completed a transaction to sell his
Emaar plans IPO for real estate development business in Dubai
(Arab News - 08/06/2017)
Emaar Properties, the builder of the world's tallest tower, plans to offer up to 30 percent of its UAE real estate development business in what would be the first listing on the Dubai exchange in two and a half years. The developer, whose interests span
Damac Properties to launch Aurum Villas
(The Gulf Today - 07/06/2017)
Damac Properties, a leading luxury real estate developer in the region, this week is launching Aurum Villas, a collection of modern homes where indulging in a glamorous lifestyle is combined with access to world-class amenities within an international
Emaar launches 360 virtual tours of its hotels in Dubai
(Saudi Gazette - 05/06/2017)
In another technology first, Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties PJSC, has introduced panoramic, 360 virtual tours of its hotels in Dubai. The 360 virtual tours, captured in high-definition photographs and
Ziad El Chaar appointed as CEO of Dar Al-Arkan
(Saudi Gazette - 05/06/2017)
Dar Al-Arkan Real Estate Development Company announced the appointment of Ziad El Chaar as Chief Executive Officer of the company as of June 1, 2017, a statement published on the Saudi Stock Exchange (Tadawul) website showed. Based in Riyadh, Dar
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