Tuesday 2 September 2014
 
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property developer

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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Dar Al-Arkan seen selling assets to cover debt

Dar Al-Arkan, Saudi Arabia's largest property developer, said on Monday that it will not need to return to the debt markets to help repay a $1 billion sukuk maturing in 2012 but does not rule out having to make some asset sales. Analys

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Dubai's Rera sees drop in number of developers

The number of property developers registered in Dubai has fallen by around 40 per cent in two months, the head of the emirate's real estate regulator said in remarks published on Saturday. There are around 500 developers registered in

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Abyaar unveils new logo

Abyaar Real Estate Development launched its new corporate identity which now bears the calligraphic elements of a signature. The new identity represents more accurately the boutique developer’s defining characteristics of commitm

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