Tuesday 16 April 2024
 
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Omniyat Properties

Zaha Hadid's Dubai marvel set for January 15 launch

The Opus, a mixed-use development designed by late British-Iraqi architect Dame Zaha Hadid, is set to open its doors on January 15. The building, made up of two glass towers connected by a ground-floor podium and a glass and steel

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Omniyat hands over 'Bayswater' tower

Omniyat Properties, a leading property developer in the region, has handed over Bayswater, its 24-storey commercial tower in Business Bay, to the investors. Bayswater is the first target of this year’s handover of Dh1.9 billion ($517.3 mil

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Omniyat Properties CEO to leave

Omniyat Properties, the real estate arm of Omniyat Holdings, has confirmed that its chief executive officer Peter Walichnowski is leaving the company. An Omniyat statement said Walichnowski will step down at the end of his contract on June

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Omniyat expansion on hold

Dubai-based developer Omniyat Properties will focus on completing its launched projects this year before considering expanding outside the emirate, as a result of the global financial crisis. 'It's part of our long-term strategy to

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Omniyat breaks ground on $326m project

Omniyat Properties, the real estate development arm of Omniyat Holdings, has broken ground on its Dh1.2 billion ($326 million) landmark development in Business Bay, The Octavian. Mehdi Amjad, executive chairman of Omniyat Properties, Peter

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Omniyat plans $1bn Islamic mortgage firm

Omniyat Holdings, the parent company of Omniyat Properties, plans to start a regional Islamic mortgage finance company with a capital of more than $1 billion by year-end or early 2009. “We are doing the paperwork for it now and have begun

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Omniyat signs up with Movenpick

Omniyat Properties has signed an exclusive agreement with international hotel group Mövenpick Hotels & Resorts to manage the serviced apartments for its residential development ‘The Square’. Mövenpick Hotels & Resorts will operate

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Omniyat chief among top GCC CEOs

Omniyat Properties president and chief executive officer Mehdi Amjad has been named one of the GCC’s top 100 CEOs. The survey was conducted by leading business publication CEO Middle East. The accolade reviewed executives with the

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China firm wins $92m Bayswater contract

Omniyat Properties has awarded China State Construction Engineering Corporation (CSCEC) the contract of its Dh345 million ($92 million) “Bayswater”. Construction on the 25-storey commercial tower, which will rise on a prime waterfront loc

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