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Dar Al Arkan Q1 profit falls 6%
Saudi developer Dar Al Arkan has reported a 6% drop in first-quarter net profit, Reuters has... Read full article »
Arabtec cancels bid for Saudi's Kingdom Tower
A joint venture comprising Arabtec Construction and Samsung has cancelled a deal worth an... Read full article »
Iraq province grants $21m residential licence
The investment commission of Iraq's Diwaniya province has granted an Iraqi investor a license to... Read full article »
Arabtec scraps plan to sell stake to Aabar
UAE-based construction company Arabtec Holding and government-controlled Aabar Investments have... Read full article »
Kuwaiti developer launches 4-tower Al Reem Island project
Kuwait-based National Real Estate Co has unveiled plans to develop a Dhs1.2bn four-tower... Read full article »
Deutsche Bank forms Shariah-compliant home financing firm
Deutsche Bank has announced the formation of a joint venture Shariah-compliant home financing... Read full article »
Al-Mazaya board approves buying shares in subsidiaries
Kuwait-based property developer Al-Mazaya Holding has said its board approved buying 36% of First... Read full article »
Dubai housing rents hold steady as prices decline, says report
Demand from residents of neighboring emirates is helping to stabilise rents in Dubai, while... Read full article »
Choueri to set up Dubai real estate fund
Dubai-based real estate broker firm, Choueri Real Estate has announced plans to launch a real... Read full article »
Deyaar appoints Saeed Al Qatami as Acting CEO
Deyaar Development, the Dubai-based developer, has announced the appointment of Saeed Al Qatami... Read full article »
Sharjah Al Nujoom Island project 'to go ahead'
Salah Butti Obaid bin Butti, director general of the Sharjah Planning and Survey Department has... Read full article »
Tasweek to invest Dhs1.5bn in Dubai, Abu Dhabi
Masood Al Awar, CEO of Abu Dhabi-based Tasweek Real Estate Development and Marketing has said... Read full article »
Orascom wins Egypt Emaar contract
Emaar Properties has awarded Orascom Construction Industries a contract worth more than EGP300m (... Read full article »
Barwa to sell more assets
Qatar's Barwa Real Estate has said it will continue to sell assets through the end of next year... Read full article »
Jabal Omar Development posts $2.4m Q1 loss
Saudi-based real estate developer Jabal Omar Development Co has posted a Q1 loss of SR8.9m ($2.... Read full article »
