Amlak Finance back in black with Dh6m Q1 net profit
Islamic real estate financier Amlak Finance reported a net profit of Dh6 million for Q1 2021, compared to Dh139 million…
Property & Real Estate
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Saudi bank mortgage portfolios to expand 30 percent annually says S&P
Strong housing demand and the government’s commitment to meet Vision 2030 targets is expected to support Saudi credit growth over…
Sea and space in demand as UAE property buyer mix changes says Aldar boss
UAE property buyers are seeking bigger villas and seafront locations as the post-pandemic real estate market puts a premium on…
Kuwait Finance House-Bahrain renews its agreement with Eskan Bank for "Danaat Al Baraka" project
Kuwait Finance House - Bahrain has announced the signing of a Memorandum of Understanding (MoU) with Eskan Bank to provide…
Lootah Real Estate Development appoints Chief Executive Officer
Lootah Real Estate Development has appointed Raja Alameddine as the company’s new CEO. Raja will be responsible for leading…
Saudi Fransi to advise Emaar the Economic City on $753mln capital hike debt conversion
Emaar The Economic City has hired Saudi Fransi Capital to advise on a capital increase through the conversion of a…
UK real estate – how Jersey supports Middle Eastern investment
Simon Burgess, Head of Alternative Investments, and Lynda O’Mahoney, Business Development Director, have examine the major role Jersey will play…
Saudi mortgage finance firm eyes US debut issuance
The Saudi Real Estate Refinance Company, the mortgage finance giant owned by the Kingdom’s sovereign wealth fund, the Public Investment…
Dubai's Azizi Developments claims first property sale to Israeli buyer
Property developer Azizi Developments announced on Thursday that it has facilitated the transaction of the first-ever Dubai property sold and…
Dubai's new super-luxury office tower ICD-Brookfield at DIFC is winning tenants slow and steady
ICD-Brookfield has had to ride Dubai's economic roller-coaster since opening the largest standalone office tower last September when the worst…
More than QR783m volume of real estate transactions during past week
The volume of real estate transactions in sales contracts registered within the Real Estate Registration Department at the Ministry of…
Deyaar profits rise, sees Dubai property demand growing
Deyaar, one of Dubai’s biggest property developers, reported a rise in first quarter profit, the company said in a statement.…