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Dubai’s Drake & Scull in $95.8M Saudi deal

The Saudi unit of Dubai contractor Drake & Scull has signed a 352 million dirhams ($95.8 million) deal to build a commercial development project in Riyadh, the company said in a statement on Tuesday.

December 6, 2011 10:33
 

Nakheel posts H1 profit but market recovery distant

H1 revenue 1.5 billion dirhams; Revenue driven by handover of properties; Says remobilised a number of its construction sites

December 6, 2011 10:23
 

Investcorp buys three US real estate assets for $100M

Bahrain-based Investcorp has acquired three real estate assets in the United States for around $100 million, a source familiar to the matter said, bringing its total property buys this year to $300 million.

November 20, 2011 11:22
 
Property professionals should think about moving to Jeddah

Property professionals should think about moving to Jeddah

Q3 2011 sees Jeddah’s real estate market enjoy the effects of additional government funds for housing as prices increase in retail and residential space; office space expected to drop, though.

November 16, 2011 3:31
 
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