Friday 30 September 2016
 
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Manazel

Manazel H1 revenues stay steady

Manazel Real Estate, a leading UAE developer, has reported a revenue of Dh267.4 million ($72.78 million) for the first half of this year, compared to Dh262.8 million ($71.53 million) during H1 2015. Manazel demonstrated stable per

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Manazel sets up new affordable housing unit

Manazel Real Estate, a leading developer headquartered in the UAE, has announced the launch of Al Manzel, a new subsidiary responsible for managing and operating the company’s Dari initiative which connects the recipients of governmental h

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Manazel 2015 profit up 29pc to $53m

Manazel Real Estate, a leading UAE developer, has posted net profits of Dh195 million ($53 million) for 2015, up 29 per cent from Dh152 million ($41.38 million) in the previous year. The profit growth was driven by the benefits of

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Manazel Real Estate sets up malls unit

Manazel Real Estate, a leading UAE developer, today announced the creation of a new subsidiary called Manazel Malls, which will take operational and managerial control of Capital Mall and all retail areas in Al Reef Community and Al Reef 2 in Ab

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Manazel Real Estate sets up malls unit

Manazel Real Estate, a leading UAE developer, today announced the creation of a new subsidiary called Manazel Malls, which will take operational and managerial control of Capital Mall and all retail areas in Al Reef Community and Al Reef 2 in Ab

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Manazel Real Estate names finance head

Manazel Real Estate, a leading UAE developer, has appointment Balaji Prasad, an industry veteran, as the new chief financial officer. Prasad has almost 20 years of financial management experience and has held senior executive posi

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Wafra launches $54m project at Cityscape

Kuwait-based Wafra Real Estate has launched a $54 million commercial and residential project inspired by artefacts and elements of the Islamic world at the ongoing Cityscape Abu Dhabi, a major real estate event. Cityscape Abu Dhabi is conc

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Imdaad wins first major Abu Dhabi contract

Imdaad, a leading integrated facilities management solutions provider in the UAE, has announced its first major project in Abu Dhabi - the Al Reef Villas being developed by leading community master-planners Manazel Real Estate. Imdaad had

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Manazel to lease metering gear from Techem

Abu Dhabi-based developer Manazel and leading German energy services firm Techem have signed first-of-a-kind framework agreement on metering equipment and billing services. Under the agreement, Techem will provide sub-metering for chilled

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Edara opens new office in Abu Dhabi

Edara, one of the region’s leading project management companies, has opened its new office in Abu Dhabi. The move is in line with Edara’s expansion plans and will provide the company with an ideal base to oversee their Abu Dhabi operations

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