Bahrain bank acquires $250m US property
International Investment Bank, a Bahrain-based Islamic investment bank, has acquired a $250 million, 2,400 unit multi-family residential portfolio with Atlas…
Property & Real Estate
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Abu Dhabi wealth fund in ‘advanced talks’ to buy stake in iconic New York building
Abu Dhabi Investment Authority is in advanced negotiations to invest in New York’s renowned Time Warner Center alongside the Singapore…
Emaar set to launch sales at new Dubai development
Emaar Properties on Monday launched the newest addition to its Arabian Ranches extension in Dubai. Lila will feature 219…
Work to restart on Dubai's artificial World islands as the emirate finally begins to recover from economic meltdown
Property developers in Dubai are to resume building on a collection of artificial islands that form the shape of the…
Ajman Bank, Meydan in strategic tie-up
Ajman Bank, a leading Islamic financial services institution, has entered into a strategic agreement with Meydan Sobha Group to provide…
Arabtec Holding launches real estate development arm
Arabtec Holding have announced the launch of a new subsidiary to lead Arabtec 's expansion into property development. Arabtec Real…
Qatar fund in talks to invest $200 million in Indian property
Qatar fund in talks to invest $200 million in residential property in India, a source with direct knowledge of the…
Al Habtoor eyes Xmas Eve opening for Waldorf Astoria Dubai
Dubai conglomerate Al Habtoor Group is set to expand its hotel portfolio with the launch of the Waldorf Astoria Dubai…
Dubai Bank Sues Brits Over $432m Hotel Fraud
Dubai Islamic Bank has successfully sued two jailed British men for $432m in a long-running fraud case involving a Dubai…
Kuwait said to seal $2.8bn London property deal
St Martins, the property division of the Kuwaiti Government, has reportedly finalised a $2.8bn deal to buy a London real…
Dubai looks all set to enjoy heightened investor interest
Dubai is poised to enjoy heightened investor interest as the emirate’s real estate recovery drives further inward investment, particularly from…
Adib aims to gives shares access to international investors
The bank’s chief executive, Tirad Al Mahmoud, said the lender recently started talks with Abu Dhabi officials to tweak property…