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Sodic posts $1.9m Q1 net loss
Egyptian stock exchange has said that real estate developer, Sixth of October Development and... Read full article »
Facilities management firms to face new rules
Dubai's Real Estate Regulatory Agency (Rera) is working on new rules under which facilities... Read full article »
Nakheel hoping to reach trade creditors settlement
Nakheel has said it is optimistic of reaching a settlement with trade creditors, following a... Read full article »
Nakheel resumes work on delayed projects
Dubai World's property arm, Nakheel has restarted work on projects that have been put on hold, Al... Read full article »
Dubai prime real estate prices approaching 'floor'
Bank of America Merrill Lynch has said that property prices in centrally located areas in Dubai... Read full article »
Saudi fund to tender Jubail housing complex
A tender for the main construction contract of a 696-unit housing complex at Jubail Industrial... Read full article »
MAG hands over tower in Dubai Marina
Dubai-based developer MAG Group Property Development has announced the completion of its Dhs450m... Read full article »
Galfar Engineering posts $2.78m loss in Q1
Oman-based Galfar Engineering and Contracting Co has posted a Q1 loss of OR843,000 ($2.78m),... Read full article »
Bahrain eyes buyout of Sama Dubai project
Mohammed Bin Essa al-Khalifa, chief executive of the Bahrain Economic Development Board, has said... Read full article »
Jenan Real Estate to launch three new projects
Saudi-based Jenan Real Estate is to launch two projects in the third quarter of 2010 with a total... Read full article »
Nakheel pays Dhs3.6bn sukuk on-time
Nakheel has announced the on-time payment of its Dhs3.6bn ($980m) sukuk (Islamic bond), as the... Read full article »
Qatari Diar said to be planning global bonds sale
Qatari Diar Real Estate Investment may raise about $1.5bn by selling global bonds backed by... Read full article »
DSI hit by profit drop
Dubai-based Drake & Scull International has reported Dhs42m ($11.4m) in net profits for the first... Read full article »
Egyptian Resorts suffers Q1 loss
Egyptian Resorts has posted a net loss of EGP2.9m ($517,600) in the first quarter of 2010 after... Read full article »
Egypt's Talaat Moustafa announces Q1 profit
Egypt's Talaat Moustafa Group has posted a first quarter net profit of EGP324.1m ($57.8 million),... Read full article »
