Abu Dhabi bank agrees $490m loan for luxury London project
National Bank of Abu Dhabi (NBAD) and Abu Dhabi Financial Group (ADFG) on Monday announced the completion of a AED1.8…
Property & Real Estate
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Godrej Properties opens first overseas office in Dubai
Godrej Properties Limited, or GPL, the real estate development arm of the Godrej Group, has announced that it has opened…
The Property Correction In Dubai Is Coming
It’s been a year since the Dubai real estate market began to slowdown with the double whammy of doubling of…
Saudi Investment Firm Jadwa Eyes Real Estate Push
Saudi Arabia’s Jadwa Investment, one of the country’s largest privately owned investment firms, says it is planning to invest in…
Qatari Canary Wharf bid rejected
A bid to take ownership of Canary Wharf has been rejected by the current operator. Songbird Estates announced that…
Kingdom gets recognition as one of most developed Islamic markets
Acknowledged as one of the most developed Islamic markets, Saudi Arabia is a destination that should not be overlooked, according…
Baker & McKenzie Habib Al Mulla advises Hasan Ismaik on sale of significant stake in Arabtec to Aabar Investments PJSC
Leading UAE law firm Baker & McKenzie Habib Al Mulla has advised Hasan Ismaik, the former CEO of the Dubai-based…
Goldman leads $1.15bn project loans for Dubai theme parks
Goldman Sachs is expected to sign a $1.15 billion project financing loan for Dubai Park and Resorts this week, which…
Barclays sued by Saudi developer for $10 billion
A Saudi real estate company has sued Barclays for $10 billion, claiming the bank ceased pursuing lease payments due from…
Abu Dhabi’s Aldar Quarterly Net Rises 41% as Leasing Grows
Aldar Properties PJSC, Abu Dhabi’s largest developer, said third-quarter profit climbed 41 percent as leasing revenue grew and homes were…
Dubai Marina is Home to Tallest Twisted Skyscraper in the World
Knight Frank announces the release of the exquisite Penthouse in the record breaking Cayan Tower - the towers dynamic twisting…
La Liga owes much to the Middle East
The changing face of European football continues apace, taking on a distinctly Middle Eastern flavour. A recent announcement that…