Barwa Real Estate awards QR140m for Al Baraha project
(The Peninsula - 31/07/2017)
Barwa Real Estate has awarded construction contract for Barwa Al Baraha Warehouses and Workshops projects, worth QR139.95m, to Qatar Building Engineering Co (QBEC). The project that includes construction of 573 warehouses and some 135 workshops, is
Drake & Scull names new board member
(Gulfnews - 31/07/2017)
Drake and Scull International (DSI), the British contracting company, has appointed a new board member in the UAE following the resignation of member Khalaf Sultan Al Dhahiri, the company announced on Sunday. Mohammad Atatreh was confirmed at the latest
Seef Properties' H1 net profit surges 16pc
(Trade Arabia - 27/07/2017)
Bahrain-based Seef Properties has registered a net profit of BD5.2 million ($13.7 million) for the first half of 2017, up 16 per cent compared to BD4.5 million ($11.8 million) the same period last year. Announcing the results for the first six months,
Ezdan profits jump by 25% to QR1.15bn
(The Peninsula - 27/07/2017)
Real estae major Ezdan Holding Group has reported a solid QR1.15bn net profit for the second quarter ended June 2017, a significant increase of 25 percent compared to QR 927m posted during the same period last year. The Earnings per share (EPS), during
DAMAC appoints Choi as SVP in London unit
(Saudi Gazette - 27/07/2017)
DAMAC International Limited, has appointed Richard Choi as its London-based Senior Vice President of Business Development in its effort to accelerate expansion opportunities in the UK and Europe. DAMAC is exploring further investment opportunities
Barwa Real Estate posts QR912m profit
(The Peninsula - 26/07/2017)
Barwa Real Estate Company has reported a net profit of QR912m for the period ended 30 June 2017, down by abouta 24 percent compared to QR1.2bn reported for the corresponding period last year. Earnings per share (EPS) of the company amounted to QR2.34
Al Mazaya posts KD 4.17 mln net profit for H1; EPS 6.7 fils
(Arab Times - 26/07/2017)
Al Mazaya Holding has announced its financial statements for H1 2017, posting KWD 4.17 million in net profits, against KWD 4.14 million for the same period in 2016. Earnings per share reached 6.70 fils in 2017 against 6.66 fils for the corresponding
Deyaar Development launches Deyaar Al Khair Initiative
(Press Release - 25/07/2017)
: Deyaar Development PJSC, one of the UAE's leading property development and real estate services companies, has launched Deyaar Al Khair, an initiative that will provide free maintenance services to underprivileged families across the country through
Deyaar announces H1 2017 revenues of AED 316 million
(Press Release - 23/07/2017)
Deyaar Development PJSC, one of the UAE's leading property development and real estate services companies, today announced its financial results for the first half of 2017. Deyaar reported %135 year-on-year increase in revenues to AED 316.4 million [H1
Damac inks home financing tie-up with Amlak
(Trade Arabia - 20/07/2017)
Dubai-based Damac Properties, a leading luxury real estate developer, has partnered with Amlak Finance, a top Islamic home financing provider in the UAE, to offer its existing customers an exclusive investment opportunity. The 'Double Your Property'
Deyaar's board meet on July 20 to discuss results
(Gulfnews - 18/07/2017)
Deyaar Properties said on Monday its board meeting is scheduled to meet on July 20. The board will meet to discuss and approve second quarter results and also discuss banking facility, loan securities. Deyaar reported a healthy net profit from business
Jabal Omar, Dubai Holding to build new hotel in Makkah
(Saudi Gazette - 17/07/2017)
Jabal Omar Development Company, the area's leading property developer and Dubai Holding, signed an agreement to develop Jabal Omar Jumeirah Makkah Hotel. Under the agreement, Jumeirah Group the world-renowned luxury hospitality brand, will manage the
Barwa signs leasing contract worth QR755m
(The Peninsula - 12/07/2017)
Barwa Real Estate Group yesterday announced the signing of the leasing contract of its project, Mustawdaat in Umm Shahrain area, with Mohammed Hayil Group for Trading and Contracting WLL. Salman bin Mohammed Al Mohannadi, the Group's CEO signed the
RAK Properties hands over 157 luxury residential units
(Trade Arabia - 06/07/2017)
Leading real estate developer RAK Properties said it has delivered 157 luxury residential units at Bermuda Villas, its latest residential development in Mina Al Arab, an established waterfront community in Ras Al Khaimah.. The villas, the latest edition
Target Engineering Construction Seals Project Awards Worth AED 289 Mil
(Press Release - 05/07/2017)
Arabtec Holding PJSC ("Arabtec" or "Group"), a leading contractor for social and economic infrastructure, today announced that its wholly owned subsidiary, Target Engineering Construction Company ('Target') has been awarded four projects amounting to AED
RAK Properties delivers Bermuda Villas project
(Gulfnews - 05/07/2017)
RAK Properties has announced the delivery of Bermuda Villas, its latest residential development in Mina Al Arab. The villa project, the latest edition to the company's already diverse property portfolio, was developed to help meet the growing demand for
Arabtec subsidiary signs deal for Dh113m-project
(Gulfnews - 04/07/2017)
Arabtec Holding, the Dubai-listed construction firm, said yesterday its wholly-owned subsidiary Emirates Falcon Electromechanical Co. (EFECO) has entered into a contract for a Dh113-million project. The contract with Al Naboodah Co is for the mechanical,
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