Depa posts 2009 results

Interior contractor Depa has said that its full-year profit rose 23% to Dhs240m ($65.4m) before... Read full article »
United Arab Emirates: Thursday, April 01 - 2010 at 12:19

NBK: Feb real estate deals total KD99m

The National Bank of Kuwait (NBK) has said that the value of the real estate contracts registered... Read full article »
Kuwait: Wednesday, March 31 - 2010 at 12:20

Tamouh to begin Marina Square handover

The primary master developer of Reem Island in Abu Dhabi, Tamouh Investments, has announced that... Read full article »
United Arab Emirates: Wednesday, March 31 - 2010 at 12:16

Nakheel board, chairman replaced

The board of indebted property firm Nakheel and its chairman were replaced on Tuesday as part of... Read full article »
United Arab Emirates: Tuesday, March 30 - 2010 at 14:30

Emaar to meet investors over delayed projects

Dubai-based Emaar Properties plans to meet with representatives of 380 investors who are... Read full article »
United Arab Emirates: Tuesday, March 30 - 2010 at 11:19

Union Properties in talks with investors on tower project

In an interview with Al Arabiya television, Khalid al-Jarwan, general manager of Dubai's Union... Read full article »
United Arab Emirates: Tuesday, March 30 - 2010 at 11:11

Arabtec Unit wins Abu Dhabi contracts

Target Engineering Construction Co, a subsidiary of Arabtec Holding, has announced it has won two... Read full article »
United Arab Emirates: Tuesday, March 30 - 2010 at 11:07

Nakheel to finish some stalled projects, says report

Nakheel Properties plans to spend $1.5bn to finish stalled developments even before creditors... Read full article »
United Arab Emirates: Monday, March 29 - 2010 at 10:58

Arabtec appoints new board members

Henry Azzam and Ibrahim Hamati have been appointed by Arabtec Holding as members of its board,... Read full article »
United Arab Emirates: Monday, March 29 - 2010 at 10:56

Orascom plans Romania project

Egyptian developer Orascom Development has said it has earmarked 2.5 million square metres of... Read full article »
Egypt: Sunday, March 28 - 2010 at 12:28

Meydan sells three commercial buildings to Emirates NBD

UAE-based Meydan Group has announced the signing of a memorandum of understanding for sale of... Read full article »
United Arab Emirates: Saturday, March 27 - 2010 at 11:09

Nakheel to repay creditors 100% of 'agreed amounts owed'

Nakheel today announced a comprehensive recapitalisation plan of its debt and liabilities. The... Read full article »
United Arab Emirates: Thursday, March 25 - 2010 at 12:24

Iraq to build 1m housing units

Sami al-Araji, the head of Iraq's National Investment Commission has said that one million... Read full article »
Iraq: Thursday, March 25 - 2010 at 12:11

Sweet Homes awards MEP contracts

UAE-based Sweet Homes General Contracting, the main contractor for the "Ajman Uptown" project,... Read full article »
United Arab Emirates: Thursday, March 25 - 2010 at 12:08

Emaar board backs proposal not to pay dividend in '09

Emaar Properties said its board approved a proposal not to pay dividend in 2009, Bloomberg has... Read full article »
United Arab Emirates: Wednesday, March 24 - 2010 at 10:48