Monday 28 July 2014
land sale

Qatar land sale trasactions top $1.68bn

Qatar's real estate market witnessed solid growth in the fourth quarter of 2013 with land sales transactions surging to more than QR6.3 billion ($1.68 billion) when compared to the previous year. The market for land remains th


Nakheel completes land sales worth $114m

Dubai-based leading real estate developer Nakheel today closed land sales worth more than Dh419 million ($114 million) in its Palm Jumeirah and Jumeirah Village Circle developments. On The Palm, the company sold a 72,000 sq ft res


Palm Hills chairman cleared of graft

An Egyptian court on Tuesday cleared the chairman of real estate developer Palm Hills  and the former housing minister Ahmed el-Maghrabi of corruption charges in a state land sale. Palm Hills, Egypt's second-biggest listed developer,


Damac rejects Egypt court ruling on land sale

Dubai-based developer Damac Properties has rejected an Egyptian court’s judgement regarding the company’s purchase of lands in the Red Sea resort area stating there was no evidence of wrongdoing. Hussain Sajwani, chairman of Damac Properti


Egyptian Resorts says land sale deal cancelled

Real estate firm Egyptian Resorts said the tourism development authority had retracted its approval for selling a land plot allocated for the firm's Sahl Hasheesh resort on the Red Sea. Egyptian Resorts said it would send a complaint to th

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