Islamic real estate financier posts net profit of $53.6m
Amlak Finance, a specialized Islamic real estate financier in the Middle East, on Wednesday reported a net profit of 197…
Property & Real Estate
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Non-Saudis can buy one property in Kingdom
Non-Saudis, who are legal residents of the Kingdom, can now own a single property. The Absher platform has set…
Azizi Developments Teams Up With Leading Regional Banks For Exclusive Home Financing Solutions
In a bid to make home ownership more convenient and affordable, Azizi Developments, a leading private developer in the UAE,…
Khalifa Almehairbi: UAE real estate surpasses international ones in terms of appeal and returns
Khalifa Saif Almehairbi, Chairman of the Board of Directors of Arabian Gulf Investments Company, confirmed that the UAE real estate…
Why Britain’s punitive tax system risks deterring Middle East property investors
When the UK applied a stamp duty surcharge to overseas property investors in April this year, tax advisors and property…
Bahrain-based Inovest issues financial results
Inovest has reported consolidated net loss attributable to the parent shareholders of $1.60 million for the three months ended June…
Saudi mortgage lending surges 27% in first half of 2021 – SAMA
Residential mortgage financing in Saudi Arabia jumped by more than a quarter in the first half of the year even…
Barwa Real Estate posts QR533mn net profit in H1 2021
Barwa Real Estate Group has achieved a QR533mn net profit for the period ending June 30, 2021. Total assets of…
Dubai house prices rise for second straight quarter in Apr-June
Dubai residential property prices rose in April-June for a second straight quarter as demand picked up after the pandemic, consultancy…
British Arab Commercial Bank strengthens leadership with key appointments
British Arab Commercial Bank has announced a series of key appointments that strengthen the Bank’s leadership, enhance its risk strategy…
UAE ranks fourth globally for highest monthly spend on rent
UAE residents ranked fourth globally for spending the highest percentage of their monthly expenditure on rent, according to a new…
Dubai office rents stabilise amid economic recovery and job creation
Office rents in Dubai began to stabilise during the second quarter of this year with the technology, media and telecoms,…