Sunday 8 December 2019
 
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property developer

London developer opens new office in Dubai

Regal London, an independent developer at the forefront of London’s property market, has announced its debut into the Middle East real estate market with the launch of its new office in Downtown Dubai. Located on Sheikh Moha

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Deyaar's net profit down 2.6pc in H1

Deyaar Development, one of the leading property developers in Dubai, UAE, has registered a net profit of Dh65.2 million ($17.7 million) for the first half, down 2.6 per cent over Dh67 million for the same period last year. Announc

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Aldar Properties' Q1 net profit up 4pc

Aldar Properties, a leading property development company in Abu Dhabi, UAE, said it has registered a net profit of Dh668 million ($182 million) for the first quarter, up four per cent from Dh641 million ($174 million) for the same period in 2017

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United Development names top officials

Qatar-based property developer United Development Company (UDC) has announced the appointment of a new chairman and a vice chairman of the Board of Directors. Sheikh Ahmed Bin Nasser Bin Faleh Al-Thani was elected to the position

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Filipino property firm to open ME base

Ayala Land Inc (ALI), a leading diversified property company in the Philippines, is set to open its Middle East headquarters in Dubai. With this, it will become the first Philippine-based property developer that has a representati

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Sodic names new MD

  The Board of Directors of Sodic, a leading Egypt property developer, has approved the appointment of Ahmed Badrawi, currently chief business development officer, as the new managing director of th

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Dubai gears up for giant property show

Top global and local property developers will share centrestage in Dubai, as the Middle East’s largest and most influential real estate event gets set to open its doors today (Tuesday) amid a 50 per cent jump in exhibitor participation.

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RAK Prop inks home interiors deal

RAK Properties, a leading property developer in Ras Al Khaimah, said it has partnered with Germany's Hulsta Furniture  to create innovative home interiors for its customers in Mina Al Arab resort. Stretched across a 900-meter private

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Dar Alarkan to get funds for Jeddah project

Saudi Arabia's biggest property developer Dar Alarkan said the Public Investment Fund has approved a SR4 billion ($1 billion) facility to finance the Qasr Khozam development project in Jeddah. 'This funding will contribute to the p

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Deyaar swings to Q1 profits

Deyaar, Dubai's second-largest property developer by market value, returned to profits in the first-quarter, as it handed over new units and reduced provisions. Deyaar made a first-quarter profit of Dh26 million ($7.08 million) compare

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