CBD arranges Dh200m for acquisition of Movenpick Hotel – Jumeirah Beach
Commercial Bank of Dubai, or CBD, announced that it has arranged a financing of Dh200 million on behalf of BMJBR…
Property & Real Estate
2490 articles found
Middle East Investors Expected To Spend Us$180 Billion In Global Real Estate Markets Over Next Decade
Middle Eastern investors are expected to spend US$180 billion in commercial real estate markets outside of their own region over…
Wealthy Kuwaiti families embroiled in UK lawsuit over $60m loan
Members of two of Kuwait’s richest families are being sued by an English bank over claims they engaged in deceit,…
UAE's Al Hamra Real Estate gets $230 mln financing
Al Hamra Real Estate Development, based in the emirate of Ras Al Khaimah, has obtained an 850 million dirham ($230…
Qatar, China groups to open Peninsula Paris after €430m refurb
Qatar hotel investor Katara Hospitality and operator Hong Kong and Shanghai Hotels will open their new Peninsula Paris hotel in…
Family-owned businesses make up the largest sector of the GCC economy
Approximately 80% of non-oil GDP within the Middle East region is accounted for by family-owned business groups. Typically, these privately-owned…
Dubai property a big draw for Chinese investors
Chinese individual investors poured about 1.3 billion UAE dirhams in Dubai's real estate last year, nearly tripling that of 2012,…
Tonino Lamborghini Plots GCC Hotel And Retail Expansion
Luxury brand Tonino Lamborghini, founded by the son of former Automobili Lamborghini owner Ferruccio Lamborghini, is plotting GCC expansion for…
GCC insurers' investment mix dominated by high-risk asset
GCC insurers continue to face investment risk given the dominance of high-risk assets in their investment mix, says Moody's Investors…
UAE Bank Warns That Dubai’s Property Market May Crash
The property market in Abu Dhabi and Dubai has shown the first signs of instability, with the central bank of…
KAMCO assigns Burgan Bank as placement agent for KAMCO Real Estate Yield Fund
KAMCO has announced that it has assigned Burgan Bank as a placement agent for its KAMCO Real Estate Yield Fund,…
Bank AlJazira wins the Best Real Estate Financing award
Bank AlJazira recently announced that it won the Best Real Estate Financing at The Banker Middle East Awards, organized by…