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Dar Al-Arkan Q3 profits down

Saudi Arabia's largest developer by market value, Dar al-Arkan Real Estate Development Co. has... Read full article »
Saudi Arabia: Sunday, October 11 - 2009 at 10:21

Rayadah awards $3.73bn contract to SBG

Saudi government's investment arm, Rayadah Investment Company, in charge of developing the $10bn... Read full article »
Saudi Arabia: Saturday, October 10 - 2009 at 11:18

Aldar to shift focus to investments, asset management

John Bullough, CEO of Aldar Properties, Abu Dhabi's largest developer, has said that the firm... Read full article »
United Arab Emirates: Thursday, October 08 - 2009 at 11:41

Drake and Scull wins $109m project in UAE

UAE-based Drake & Scull International has won a Dhs400m ($108.9m) mechanical, engineering and... Read full article »
United Arab Emirates: Thursday, October 08 - 2009 at 11:38

UAE firm borrows $36m for Cairo project

Dubai-based Al-Futtaim has raised EGP2bn ($36m) in a syndicated loan to finance construction of... Read full article »
United Arab Emirates: Thursday, October 08 - 2009 at 11:29

Real estate financing remains difficult as banks withhold products

Although interest rates for real estate financing have come down since the start of the year, as... Read full article »
United Arab Emirates: Wednesday, October 07 - 2009 at 16:57

Dubai's Property Court hears first default cases

Dubai's Property Court has this week begun hearing the first mortgage default execution cases.... Read full article »
United Arab Emirates: Wednesday, October 07 - 2009 at 14:56

Tanmiyat to resume developments in UAE

Tanmiyat, a Saudi-based developer, has said it expects to resume suspended developments in 2010,... Read full article »
United Arab Emirates: Wednesday, October 07 - 2009 at 11:41

Egypt's SODIC eyes expansion abroad

Egypt's Sixth of October Development and Investment (SODIC) is considering expanding its... Read full article »
Egypt: Wednesday, October 07 - 2009 at 11:39
New units coming online may lengthen the downturn

Oversupply to weigh down Dubai property market

The real estate market in Dubai is likely to see a further 'bloodbath', as the amount of new... Read full article »
United Arab Emirates: Tuesday, October 06 - 2009 at 18:32
Experts disagree on whether prices will fall further

Experts disagree on future of Dubai's property market

Experts at Cityscape Dubai agree that the steep declines that the emirate's real estate market... Read full article »
United Arab Emirates: Tuesday, October 06 - 2009 at 17:49

Dubai Properties begins Executive Towers handover

Dubai Properties has announced that it has begun the handover of 2,387 units in its Executive... Read full article »
United Arab Emirates: Tuesday, October 06 - 2009 at 13:04

Union Properties predicts Q3 net profits

Union Properties, Dubai's third largest developer, has said that it expects to post 'remarkable'... Read full article »
United Arab Emirates: Tuesday, October 06 - 2009 at 12:28

New Zealand group eye $100m Iraq project

New Zealand-based Atconz Real Estate Development has said that it plans to spend $100m to build a... Read full article »
Iraq: Tuesday, October 06 - 2009 at 12:16

Fakhruddin hands over Oasis project

Dubai-based developer, Fakhruddin Properties has announced it has completed the handover of its... Read full article »
United Arab Emirates: Tuesday, October 06 - 2009 at 12:13
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