Friday 28 April 2017
 
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real estate

Artar wins top real estate developer award

Saudi-based Artar Real Estate Development said it has won the best real estate developer award at Restatex, the Riyadh Real Estate and Urban Development Exhibition, for 50 years of its construction excellence. CEO Sulaiman Abdulra

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Ajman real estate transactions top $199m in Q1

The real estate sector in the UAE emirate of Ajman has registered solid growth during the first quarter with its transactions surging to more than Dh733 million ($199 million), said senior officials of the Department of Land and Real Estate Regu

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ENBD REIT's property portfolio value soars to $315m

A Shari’a-compliant real estate investment trust managed by Emirates NBD Asset Management has registred steady growth with its property portfolio value now worth $315 million. The ENBD REIT, releasing the first net asset val

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Real estate regulatory law will boost sector, says Shaikh Khalid

Bahrain's new  real estate regulatory law, once endorsed and promulgated, would help stabilise the real estate sector and regulate the professions affiliated with it, said Deputy Premier Shaikh Khalid bin Abdulla Al Khalifa.

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Real estate regulatory law need of the hour, says Shaikh Khalid

Bahrain's parliament must work towards passing the new real estate regulatory law, which is vital to stabilise the real estate sector and regulate the professions affiliated with it, said Deputy Premier Shaikh Khalid bin Abdulla Al Khalifa.

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Mubadala, Eshraq to set up Abu Dhabi real estate JV

UAE-based developers Mubadala Development Company and Eshraq Properties have announced plans to set up a new real estate company which will jointly develop plots in Abu Dhabi. The move comes following the signing of a heads of ter

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Damac CEO wins top real estate award

Hussain Sajwani, the founder, chairman and CEO of Damac Properties, a leading luxury real estate developer in the region, received major recognition at the Top CEO Awards 2017 ceremony held in Jeddah, Saudi Arabia. Sajwan clinched

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Abu Dhabi Financial Group launches Islamic REIT

Abu Dhabi Financial Group (ADFG) is launching a Shariah-compliant real estate investment trust (REIT) comprising a seed portfolio of 10 income-producing assets situated in the UAE. The new entity, Etihad REIT, expects to raise fur

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Abu Dhabi real estate 'may see further fall'

Weak economic conditions, rising inflation, and high costs of living continue to curb demand in Abu Dhabi’s real estate market, resulting in high vacancy rates in both the residential and commercial markets, according to international real

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Ras Al Khaimah real estate sector sees big growth

The real estate sector in Ras Al-Khaimah has expanded considerably over the last few years with the investment increasing from Dh3.40 billion ($925.97 million) in 2011 to Dh4.95 billion ($1.35 billion) in 2015. The growth amounted

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