Qatar wins battle to take over Canary Wharf
Canary Wharf is to be bought by Qatar’s sovereign wealth fund and Canadian investor Brookfield Properties for £2.6bn, after Songbird,…
Property & Real Estate
2488 articles found
Economic outlook for UAE positive
Key UAE economic and financial indicators, including real estate prices, Purchasing Managers Index (PMI), Credit Default Swap (CDS) spreads, airport…
Dubai Investments to Expand
Dubai Investments, a leading investment company listed on the Dubai Financial Market, has announced expansion plans across its diversified portfolio,…
Dubai real estate market shows growth in 2014
The latest quarterly report issued by the real estate consultancy arm of Abu Dhabi Islamic Bank (ADIB) — MPM Properties…
Jurys Inn sold to US investors for £680m
US investors have agreed a £680m deal for the Jurys Inn hotel group. The business, which has four hotels in…
Latest ADIB real estate report shows growth for Dubai real estate market
The latest quarterly report issued by the real estate consultancy arm of Abu Dhabi Islamic Bank (ADIB) - MPM Properties…
Ex-Damac senior exec to head new UAE real estate firm
A new real estate company has been launched in the UAE, with plans to build a property portfolio of AED500…
Dubai’s Deyaar Q4 Net Profit Falls 43%
The company's 2014 annual profit was Dhs231.7 million, up from Dhs154.5 million in 2013. Dubai’s Deyaar Development fourth-quarter profit…
Dubai property investments surge
Property investments in Dubai totaled 109 billion AED (£19.56 billion) last year, according to official new figures. The statistics…
Dubai’s Nakheel 2014 Net Profit Jumps 43.2% Despite Revenue Slump
Dubai developer Nakheel expects to maintain profit growth of 40 per cent seen last year in 2015 and 2016, its…
Kier lands £145m in Middle East contracts
In Dubai, it has been named preferred bidder for a £100m mixed-use development and two infrastructure contracts totalling £15m as…
Qatar boosts Middle East M&A to $22.7 billion at highest level in 2014
The value of announced mergers and acquisitions (M&A) deals with any Middle Eastern involvement jumped to $22.7 billion in the…