Wednesday 19 June 2013
 
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Deyaar

Deyaar to launch two new projects this year

Dubai's second-largest property developer, Deyaar, plans to launch two new projects this year, its chief executive said on Monday, adding to a series of project announcements in the emirate as it recovers from a property market crash.

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Deyaar appoints new chief financial officer

Dubai's Deyaar, the emirate's second-largest developer by market value, appointed Hawary Marshad as its new chief financial officer, the company said in a statement on Sunday. Marshad will replace Yawar Pasha and will repo

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Deyaar doubles Q1 profit on buoyant local market

  Dubai's Deyaar Development reported on Thursday a doubling of first-quarter net profit, which the developer attributed to improving sentiment in the emirate's real estate sector.   The fir

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Deyaar ex-CEO gets 15 years jail in bribe case

  Former chief executive of Dubai developer Deyaar, Zack Shahin, has been sentenced to 15 years in jail after being found guilty of taking Dh20 million ($5.44 million) in bribes, reports said.   The

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Deyaar profit grows marginally

  Dubai developer Deyaar on Tuesday reported a marginal increase in full year net profit, as it booked gains from deliveries of long-pending commercial and residential properties in the emirate.

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Cost cuts drive Deyaar's Q3 profit surge

  Property firm Deyaar on Wednesday posted a surge in third-quarter net profit as it halved costs to make up for a drop in revenue.   The emirate's second largest developer by market value made

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Deyaar sees profitable 2012, upbeat on Dubai

Property developer Deyaar is predicting a profitable 2012, pinned on a recovery in the real estate market and increased revenues from sales, the company's chief executive said on Tuesday. Deyaar, badly hit by Dubai's prope

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Shahin fled UAE after threats say lawyers

  Bailed US businessman Zack Shahin fled the UAE to Yemen because he feared for his life after threats were made against him, his US-based legal team said on Monday, but a Dubai security official denies this. A Yemeni secu

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Deyaar to deliver 3 projects this year

Struggling Dubai developer Deyaar posted a 64 percent drop in its first-quarter net profit and said it plans to deliver three long-pending projects by the end of this  year.      Deyaar made a net profit of 9

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Dubai developer Deyaar in the black in Q3

Dubai developer Deyaar , the emirate's second largest developer by market value, eked out a small profit in the third  quarter and reiterated it would hand over two towers by year end. Deyaar, badly hit by Dubai's property bus

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