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Dubai Skyline

Dubai’s Emaar second-qtr net up 29 pct despite dip in local home sales

Company's revenue for the quarter dropped to 2.81 billion dirhams from 3.11 billion

August 4, 2014 5:14
 
Tokyo

Dubai leads the world in rents growth in Q1

Rentals of premium residential properties in Dubai are up six per cent in the first quarter of 2014, says a latest rental index report

July 3, 2014 2:17
 
Dubizzle launches property law website

Dubizzle launches property law website

Initiative to make renting and buying in Dubai and Abu Dhabi hassle free

June 25, 2014 6:24
 
Keys and contract

Top 5 tips for renting in Dubai

Renting a property in a cosmopolitan city can be daunting

June 25, 2014 6:18
 
Qatari Diar

Qatari Diar to develop three mixed-use projects in Oman

The company plans to finance and construct a mixed-use property at Ras Al Hadd in Oman's Sur district, including a five-star hotel and spa, residential villas, apartments, souks, a marina and villa plots, Diar said in a statement on Monday, without citing the projects' value.

July 10, 2012 11:01
 
UAE cuts mortgage lender Amlak’s debt by $1.1B

UAE cuts mortgage lender Amlak’s debt by $1.1B

The federal government has cut struggling Islamic lender Amlak's debt burden by $1.1 billion, the UAE economy minister said on Tuesday, in the latest effort to revive the Dubai mortgage provider whose stock has been halted since 2008.

March 20, 2012 10:59
 
Dubai contractor Drake wins $230M Algeria contract

Dubai contractor Drake wins $230M Algeria contract

Dubai contractor Drake & Scull, which has shifted its focus to other regional markets after a slowdown in the United Arab Emirates' property sector, has won a 845 million dirham ($230 million) contract in Algeria, it said on Tuesday.

March 13, 2012 2:08
 
Abu Dhabi tries merger to end property mess

Abu Dhabi tries merger to end property mess

With Abu Dhabi trying a new property bailout tack with the potential Aldar-Sorouh merger, will consolidation be enough to fix the capital’s ailing property market?

March 12, 2012 3:10
 
Egypt’s Palm Hills falls into loss, revenues plunge

Egypt’s Palm Hills falls into loss, revenues plunge

Egypt's second-biggest listed property developer, Palm Hills, reported on Monday it made a net loss of 331.3 million Egyptian pounds ($55 million) last year, compared with a profit of 526 million pounds in 2010, as sales revenue plunged 67.6 percent.

March 12, 2012 2:03
 
Abu Dhabi sovereign fund looks to buy India property -sources

Abu Dhabi sovereign fund looks to buy India property -sources

Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, plans to invest directly in Indian real estate in an effort to diversify from its current strategy of ploughing money into the country through realty or private equity funds, sources familiar with the matter said.

March 10, 2012 4:53
 
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