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properties

Abu Dhabi sees oversupply challenges and now faces consolidation

Abu Dhabi sees oversupply challenges and now faces consolidation

Abu Dhabi now faces challenges as a huge supply of high-end homes are expected to enter the market. Property prices in the emirate are expected to fall another 11 percent from here, a Reuters poll showed.

March 12, 2012 1:40
 
Abu Dhabi developer Sorouh swings to Q4 profit

Abu Dhabi developer Sorouh swings to Q4 profit

Abu Dhabi developer Sorouh Properties, the emirate's second largest developer by market value, swung to a profit in the fourth quarter, lifted by a rise in home and land sales.

February 15, 2012 2:01
 
UAE’s Aldar swings to profit on govt land sales

UAE’s Aldar swings to profit on govt land sales

Aldar Properties, bailed out twice by Abu Dhabi with rescue packages totalling over $10 billion, swung back into profit in 2011 on the back of land sales to the government and increased residential sales.

February 14, 2012 2:41
 

Emaar lifts Dubai to two-week high

Investors' confidence begins to return as fears over global economy recede and oil prices rise.

June 21, 2010 3:53
 

Pakistan seeks emergency $500 million from Etisalat

Cash needed after failure to raise electricity tariff.

June 19, 2010 10:34
 

Ex-head of Dubai Properties freed after $35 million repaid

Former chairman released; investigation for alleged financial irregularities continues.

June 15, 2010 3:50
 

Merger between Emaar and Dubai Holding’s property entities called off

Dubai-based Emaar Properties announced on Wednesday that the developer's board...

December 9, 2009 5:59
 

Apartment prices in Dubai’s Downtown district up 8pc

Unit prices in Emaar Properties’ Downtown Burj Dubai district rose 8 percent in the third...

October 18, 2009 3:18
 

RAK Properties posts $49.9 million for 2009 ending September 30

RAK Properties announced in a statement on Saturday it achieved a net profit of AED181.49...

October 17, 2009 6:49
 

Dubai mortgages up by AED1 billion in Q2, says DubaiFocus

The value of mortgages issued in the second quarter of 2009 is up AED1 billion from the first quarter…

August 24, 2009 2:00
 
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