Emaar’s 2015 net profit rises 11% to over Dh4 billion
Emaar Properties recorded net profit of Dh4.08 billion for 2015 as compared to Dh3.66 in the previous year, registering a…
Property & Real Estate
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Bahrain offers the region’s lowest operating costs for the financial sector
A new report by KPMG has revealed that Bahrain enjoys some of the region’s lowest operating costs for financial services…
Dubai’s luxury Palazzo Versace hotel worth at least $300 million
Dubai’s latest luxury branded hotel Palazzo Versace could fetch anywhere upwards US$300 million, according to its developer, who plans to…
Cluttons Middle East CEO Steven Morgan Named as Firm's Youngest Senior Partne
The equity partners of Cluttons have elected Steven Morgan, their current Middle East CEO, as the business' new senior partner,…
Troubled Indian group nears sale of top London hotel to Qatar
Troubled Indian conglomerate Sahara has told a court in India that it has agreed to sell its stake in one…
Knight Frank Expands their Valuation Advisory Team
Knight Frank has announced that it has hired a new senior professional to strengthen the service line and expand the…
Al-Mazaya reports KD 9.32m net profit for 2015
Al-Mazaya Holding has announced its financial results for the fiscal year ended December 31, 2015. The announcement was made…
Alkhabeer Capital appoints two new members to Board of Directors
Alkhabeer Capital announced that it has appointed Muhanad Hayder Binladen and Mohammed Abdulrahman Moumena to its Board of Directors. …
Mideast buyers invest Dh19bn in European hotels in 2 years
Middle Eastern buyers invested €4.79bn ($5.22bn; Dh19.15 billion) in some of the world's most iconic hotels across key European markets…
Ibdar makes £8 million investment in prime new Manchester city centre development
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, today announced that it has made a £8 million investment in…
Middle East Eyes Indonesian Beaches
Alwi Shihab, the Presidential envoy to the Middle East and the Organization of Islamic Coopeation (OIC), said that…
Middle East investors lured by European hotel trophy assets
Whatever be the price of oil, Middle East investors aren’t likely to be put off buying trophy real estate assets…