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Saudi mortgage law 'may be approved next week'
Abdul-Rahman al-Sadhan, the secretary general of Saudi Arabia's council of ministers has said... Read full article »
Nakheel to pay $980m May bonds
A spokesperson for Dubai's Department of Finance has said that Nakheel may pay about Dhs3.6bn ($... Read full article »
UP stakeholders okay loan extension terms
UAE-based developer, Union Properties (UP) has said that its shareholders approved extending the... Read full article »
Gulf Holding eases concerns on Villamar sukuk
Kuwait-based Gulf Holding Co has said it can both pay its next coupon and complete construction... Read full article »
Rera asks developers to explain project delays
Marwan bin Ghalita, CEO of Dubai's Real Estate Regulatory Agency (Rera) has said the regulator... Read full article »
Credit Suisse: Saudi property growth slower than expected
Credit Suisse Group has said that Saudi Arabia's real estate market will probably grow more... Read full article »
Aldar posts Dh314.2m loss in Q1
Aldar Properties has reported a net loss of Dhs314.2m in the first three months of this year... Read full article »
Sorouh posts 78% rise in Q1 net profit
Abu Dhabi-based developer Sorouh Real Estate has announced that net profit for the first quarter... Read full article »
Orascom Development cancels capital increase
Orascom Development Holding has said it has cancelled a planned capital increase after detecting... Read full article »
Korean builder wins Aramco contract
Saudi Aramco has awarded South Korean builder SK E&C a $320m construction contract, Arab News has... Read full article »
Dohaland awards QR1.56bn contract
A consortium led by South Korea's Hyundai Engineering and Construction Co has been awarded a QR1.... Read full article »
Nakheel creditors begin signing settlements
Dubai-based Nakheel has said that its trade creditors have begun signing the settlement... Read full article »
Kuwait property sales rise 130%
A report by the National Bank of Kuwait has said real estate sales in the country rose 130% in... Read full article »
Dubai to seize properties from defaulters
Defaulting off-plan property owners in Dubai may soon have their properties seized by the Dubai... Read full article »
Al Futtaim Carillion wins $32m Ikea deal
Abu Dhabi-based developer Aldar Properties has awarded Al-Futtaim Carillion an estimated Dhs120m... Read full article »
