Palm Hills Developments (PHDC), Egypt’s second-biggest property developer, has said its board of directors has approved the company’s plans to negotiate and obtain a EGP2.4bn syndicated loan from Arab African International Bank (AAIB) and other …Read full article » : Thursday, July 10 - 2014 @ 00:49
Amer Group Holding has announced it is to hold its Extraordinary General Meeting (EGM) on July 24, 2014, Arab Finance has reported. The EGM will discuss raising the company’s capital through its reserves, and to …Read full article » : Thursday, July 10 - 2014 @ 00:48
Lebanese real estate developer, Solidere has posted a 148.1% surge in its 2013 net profit to $39.7m, compared with $16m in the previous year, despite the economic slowdown and tense political situation in Lebanon and …Read full article » : Thursday, July 10 - 2014 @ 00:48
A slowdown in transaction volume and more sustainable levels of rental and capital appreciation defined Abu Dhabi’s residential sector performance according to Asteco’s Q2 2014 real estate report.
On average apartment sales prices increased by 4% …Read full article » : Wednesday, July 09 - 2014 @ 13:40
Alfanar Construction, Saudi Arabia’s leading construction company for turnkey and project development capabilities, has announced that it has successfully concluded Project Management Academy (PMA) Program for the first batch of students. The program offered a …Read full article » : Wednesday, July 09 - 2014 @ 13:17
Nakheel announced its financial results for the first half of 2014: a net profit of Dhs1.85 billion – an increase of 54% on a net profit of Dhs1.20 billion in the same period in 2013.
Strong …Read full article » : Wednesday, July 09 - 2014 @ 12:55
DAMAC Properties, one of the leading luxury real estate developers in the Middle East, has launched its much anticipated Ramadan promotional offer.
Anyone buying a select luxury Dubai property during the holy month will also be …Read full article » : Wednesday, July 09 - 2014 @ 12:51
The upbeat nature of Dubai’s maturing real estate market has been highlighted by strong growth in the Middle East’s largest property showcase, Cityscape Global, with the 13th edition of the event now gearing up to …Read full article » : Wednesday, July 09 - 2014 @ 11:53
Oman’s Renaissance Services has awarded four local contractors contracts worth over a total of OR57m ($150m) to develop the first phase of their Permanent Accommodation for Contractors (PAC) in an appointed area within the Special …Read full article » : Wednesday, July 09 - 2014 @ 00:25
Saudi Aramco has received royal directives to build 11 sports stadiums across the kingdom, Arab News has reported. The new stadiums in Madinah, Qassim, the Eastern Province, Asir, Tabuk, Hail, the Northern Borders, Jazan, Najran, …Read full article » : Wednesday, July 09 - 2014 @ 00:25