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Sorouh Real Estate claims $1.47bn Watani villas near completion
Abu Dhabi-based developer Sorouh Real Estate has announced villas of the Dhs5.4bn ($1.47bn)... Read full article »
Sharjah to cut power and water for failure to attest tenancy contracts
The municipality of Sharjah has said power and water connection will be cut off to commercial and... Read full article »
Saudi Arabia's Dar Al Arkan posts 7% profit rise
Saudi developer Dar Al Arkan has posted a 7.1% year-on-year rise in its first quarter net profit... Read full article »
Deyaar reveals 64% fall in Q1 profit
Dubai-based property developer Deyaar has reported a 64% fall in its first-quarter net profit,... Read full article »
Oman needs 400,000 new homes within a decade
Abdul Rahman Barham, the chief executive of Oman's Al Madina Real Estate Co has said the Gulf... Read full article »
Kingdom Holding seeks loan for the $1.2bn Kingdom Tower
Prince Alwaleed bin Talal's investment company, Kingdom Holding Co is seeking a loan to help pay... Read full article »
Qatar's unqualified operators damaging realty sector
Qatari justice minister, Hassan bin Abdullah al-Ghanem has said finance and investment in the... Read full article »
The Wave, Muscat hands over 800 homes to new owners
The Wave, Muscat has announced the completion of more than 800 properties which have been handed... Read full article »
Ezdan Real Estate's revenues surge project completion
Ezdan Real Estate has said its revenues in 2012 are expected to surge with many of its new... Read full article »
Egypt's Sodic posts $32m net loss for 2011
Egyptian property developer Six of October Development and Investment Co (Sodic) has said it... Read full article »
Aldar signs $1.1bn credit facility with National Bank of Abu Dhabi
Abu Dhabi's Aldar Properties has secured a Dhs4bn ($1.09bn) credit facility from the National... Read full article »
Local contractors required to meet affordable housing needs in Oman
The Omani government has called for more participation by local construction firms in public... Read full article »
Dubai's Nakheel sees 33% profit jump in 2011
Dubai's Nakheel has posted a 30% rise in earnings in 2011 and forecast a recovery in the emirate'... Read full article »
Jeddah's Kingdom tower ready in 63 months, world's tallest
Chairman of Kingdom Holding Company (KHC), Prince Alwaleed bin Talal has said the company's... Read full article »
Nakheel to handover 819 villas in Al Furjan
Nakheel has said it plans to handover 819 villas in its Al Furjan project by the year-end,... Read full article »
