Saudi tycoon planning more hotels in Europe
Saudi industrialist Sheikh Mohamed bin Issa Al Jaber plans to expand his luxury-hotel holdings in Portugal and elsewhere in Europe…
Property & Real Estate
2485 articles found
Jones Lang LaSalle launches new business line in the Middle East
Jones Lang LaSalle, the world's real estate investment and advisory firm, today announced the launch of a new business line…
Al Salam exits key London property
Al Salam Bank-Bahrain, a leading Islamic bank in the Kingdom, has successfully exited a circa £38 million Shari’a compliant mezzanine…
Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels
The Abu Dhabi Investment Authority is close to buying 42 hotels managed by Marriott International Inc. and controlled by the…
Burj Daman at DIFC officially opens for business
Daman Investments, the Dubai-based investment management company, has announced that the Burj Daman, its latest real estate development at the…
Emirates NBD tips UAE property market for investment
Emirates NBD has tipped the UAE property market as a good investment opportunity, amid wider hopes of a revival of…
Real estate in UAE seen to offer good affordability
Investors should re-balance portfolios in 2013 away from fixed income to take advantage of better returns in other asset classes,…
Middle Eastern investors snap up properties in North West London
Glentree Estates New Homes, stated that 'Carmel Gate', a prestigious new development in North West London has been attracting a…
Abu Dhabi’s two biggest property firms merge to create firm with US$15bil in assets
Abu Dhabi's two biggest property firms, Aldar Properties and Sorouh Real Estate, have agreed on a state-backed, all-share merger that…
Tamweel net profit drops 29%
Posts Dh72 million profit in 2012 due to higher provisions Tamweel , the UAE Islamic home finance provider, net profit…
Abu Dhabi’s Aldar to Buy Sorouh in $1.5 Billion Deal
Aldar Properties PJSC agreed to buy Sorouh Real Estate PJSC in a 5.5 billion-dirham ($1.5 billion) deal that would create…
Dubai Group settles lawsuit over debt deal
Dubai Group, a struggling unit of the ruler of Dubai's personal investment firm, has settled with banks who brought legal…