Saturday 12 July 2014
 
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Loss-hit Atheeb sells Riyadh real estate

Saudi Arabia's Etihad Atheeb has sold land and property in the capital Riyadh for 160 million riyals ($42.7 million), the fixed line telecommunications operator said on Monday. Loss-making Atheeb, which uses the brand name Go,

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Deyaar sells Texas land to invest in UAE project

Dubai-based Deyaar Development said it has sold off its 5.98 acre land in Texas, US, to reinvest the funds into its UAe projects, said a report. In a statement to the Dubai Financial Market, Deyaar said the funds from the US land

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Saudi govt seizes STC plot

Saudi Arabia's Ministry of Finance has seized some land in the country's capital from the kingdom's former telecom monopoly Saudi Telecom Company (STC), a bourse filing said on Monday. The 1.05 million sq m plot in Riy

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Saudi govt seizes STC plot

Saudi Arabia's Ministry of Finance has seized some land in the country's capital from the kingdom's former telecom monopoly Saudi Telecom Company (STC), a bourse filing said on Monday. The 1.05 million sq m plot in Riy

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Bahrain urges speedy compensation to landowners

Bahrain's Premier has urged speedy compensation for anyone whose land or property was acquired for public projects.    He also directed ministers at yesterday's weekly Cabinet session to reduce fee b

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2014 Range Rover Hybrid launched in Jordan

Leading luxury automotive manufacturer Jaguar Land Rover has launched the 2014 Range Rover Hybrid in Jordan.   The model delivers powerful performance and lower CO2 emissions, on par with international environmen

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Saudi health projects hit by land shortage

Saudi Arabia’s Health Ministry has not been able to implement 220 new health projects owing to a shortage of land, said a report. King Abudullah, the Custodian of the two Holy Mosques, has ordered the government to provide l

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EMart auction sells $7.5m worth properties

EMart, an online portal run by the Dubai Land Department, sold seven commercial and residential properties worth Dh27.6 million ($7.5 million) at its second auction recently. Auctioneers gathered in the hall reserved for them by t

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Jaguar Land Rover Mena sales up 38pc

Luxury automotive manufacturer Jaguar Land Rover has recorded a 38 per cent sales increase up to September this year in the Mena region, as compared to the same period last year. Land Rover sales for the period were up 40 per cent

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Range Rover Evoque in off-road adventure

Land Rover’s European and Middle Eastern brand ambassadors were in for a dramatic journey from the airport to the Frankfurt Motor Show, when their chauffeur-driven 14 MY Range Rover Evoque left the highway for an extreme off-road ‘sh

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