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RAK Properties posts 30.5% drop in Q2 profit
RAK Properties has posted a 30.5% fall in second-quarter net profit to Dhs23m ($6.26m) on higher... Read full article »
Arabtec posts Q2 loss over increased costs
The UAE's largest construction firm by market value, Arabtec Holding Co has reported a second-... Read full article »
Lebanon cabinet to discuss coastal land tax
The Lebanese cabinet is expected to discuss today a government decree which proposes taxes on... Read full article »
McDermott earnings miss estimates, lower demand
Global EPC contractor, McDermott International has said its quarterly revenue has missed... Read full article »
Saudi set deadline for male lingerie shop staff
The Saudi labour ministry has set the last day of Ramadan (August 18) as the deadline for... Read full article »
Nakheel not planning asset sale
Ali Rashid Lootah, the chairman of state developer Nakheel has ruled out plans to sell any... Read full article »
Dubai land deals to hit Dhs 63bn, up 21%
The Dubai Land Department (DLD) has said land transactions in the emirate jumped 21% to reach... Read full article »
Galfar Engineering lands Oman power, water contract
Oman's Galfar Engineering and Contracting Co has won a OR1.46m operation and maintenance contract... Read full article »
Barwa Real Estate posts 21% H1 profit drop
Qatar's second-largest property developer by market value, Barwa Real Estate has reported a 21%... Read full article »
Iraq firm wins contract for 500 residential units in Karbala
The reconstruction and the strategic planning committee of Karbala council in Iraq has awarded a... Read full article »
Saudi ministry signs SR900m worth of contracts
The Saudi ministry of municipal and rural affairs has awarded contracts to a number of local... Read full article »
UDC net profit falls 14%
Qatari property developer United Development Co (UDC) has reported a 14% fall in net profit for... Read full article »
Bahrain housing loans up 121%
Bahrain's housing ministry and Eskan Bank have said housing loans in the kingdom in the first... Read full article »
Ezdan posts 91% H1 net profit surge
Qatar's Ezdan Real Estate has reported a 91% surge in its first half net profit to QR198.04m,... Read full article »
Saudi ministry signs six contracts for higher education projects
The Saudi higher education ministry has awarded six contracts worth more than SR625.63m for a... Read full article »
