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…
Property & Real Estate
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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,…
Dubai realty market booms, as rich Indians eye their second homes
Affluent Indians continue to invest in properties in Dubai, despite the Covid-19 pandemic because the emirate tops as a dream…
Dentons advises Aldar Properties on first of its kind sustainability-linked loan of AED300 million from HSBC Bank Middle East
Dentons has advised Aldar Properties on a sustainability-linked loan of AED300 million from HSBC Bank Middle East. The five-year financing…
Abu Dhabi property firm pulls $350m sukuk
A $350 million sukuk deal from Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small…
Bahrain’s Arcapita to launch $1.5bn property fund targeting Saudi Arabia and UAE, says CEO
Bahrain-based investment firm Arcapita Group Holdings is in the process of forming a $1.5 billion real estate investment fund, with…
Emaar the Economic City appoints new CEO
Saudi Arabia-based Emaar the Economic City, an affiliate of Dubai developer Emaar Properties, has appointed Cyril Piaia as its CEO.…
Abu Dhabi royals-owned real estate firm begins dollar sukuk sale
The Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC , a relatively small real estate player in Abu…
Dubai's villa market posts its best performance since 2014: ValuStrat
Dubai’s villa property market has posted its best performance in about seven years, as demand for residential space continues to…
Emaar to hold investor calls ahead of bond sale
Developer Emaar Properties is planning a benchmark bond sale amid improving real estate sentiment in the emirate. The Dubai-listed…
Dubai Developer to Plan $2.6 Billion Debt Restructure Talks
Dubai developer Meydan is set to meet its creditors next week to discuss a $2.6 billion debt restructuring plan aimed…