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Debt crisis to erode Dubai housing prices

Property prices in Dubai are likely to see further decline amid concerns over the availability of... Read full article »
United Arab Emirates: Monday, November 30 - 2009 at 11:32

Samsung halts Dubai bridge work amidst Dubai debt crisis

Samsung C&T Corp. has said it has stopped work on a $350m bridge linking Dubai to the man-made... Read full article »
United Arab Emirates: Sunday, November 29 - 2009 at 11:40

Abu Dhabi to curb housing construction

Abu Dhabi plans to limit construction of new properties in the emirate to avoid the housing... Read full article »
United Arab Emirates: Wednesday, November 25 - 2009 at 15:13

Damac awards construction tender

Dubai-based developer Damac Properties has awarded Dar for Trading & Construction (DETAC) the... Read full article »
United Arab Emirates: Wednesday, November 25 - 2009 at 12:06

Emaar cancels deal with City Cool

Emaar Economic City, the Saudi-based affiliate of Dubai's Emaar Properties, has said it has... Read full article »
Saudi Arabia: Wednesday, November 25 - 2009 at 12:02

Christian Lacroix to design new Dubai tower

Kuwait-based Abyaar Real Estate Development Co has partnered with French fashion designer firm... Read full article »
United Arab Emirates: Tuesday, November 24 - 2009 at 11:20

Orascom's Q3 profit down 41%

Egypt's largest publicly traded builder, Orascom Construction Industries, has reported a 41% fall... Read full article »
Egypt: Tuesday, November 24 - 2009 at 11:18

Iraq to allow foreigners to own land

The Iraqi parliament has passed an investment law which would allow foreigners to own land for... Read full article »
Iraq: Tuesday, November 24 - 2009 at 11:15

Dubai begins inspection of unregistered brokerages

Dubai's Real Estate Regulatory Authority (RERA), in co-operation with the Dubai Department of... Read full article »
United Arab Emirates: Monday, November 23 - 2009 at 11:35

Tulip ready for 2010 Jumeirah Golf Estates handover

Dubai-based Tulip has said that 60% of the construction of its two residential developments in... Read full article »
United Arab Emirates: Sunday, November 22 - 2009 at 12:02

Emaar merger talks 'done in one month'

Mohamed Alabbar, Chairman of the Dubai-based developer, Emaar Properties has said he expects '... Read full article »
United Arab Emirates: Sunday, November 22 - 2009 at 11:56

Emaar India unit plans to sell shares

Emaar Properties has announced plans an initial share offering in India, Bloomberg has reported.... Read full article »
United Arab Emirates: Saturday, November 21 - 2009 at 15:24

Tamweel-Amlak merger to complete by early 2010

The merger between mortgage lenders Amlak and Tamweel is expected to be completed by first... Read full article »
United Arab Emirates: Saturday, November 21 - 2009 at 10:48

Drake + Scull buys German group

Dubai-based contractor Drake and Scull International has said it has acquired an 82% stake in... Read full article »
United Arab Emirates: Thursday, November 19 - 2009 at 11:43

Dubai house prices 'to drop 30% further'

According to Swiss global financial services firm, UBS, Dubai home prices may drop as much as 30%... Read full article »
United Arab Emirates: Thursday, November 19 - 2009 at 11:42
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