Damac Properties increases stake in international unit developing London Nine Elms
Damac Properties is increasing its stake in its international unit developing the flagship Nine Elms project in London. The…
Property & Real Estate
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UAE firm picks Paris to sign biggest ever real estate deal
Gulf Islamic Investments, a financial services firm that oversees nearly $2 billion, has made its largest-ever real estate deal by…
Dubai risks driving out stock investors as top firms delist
Betting on Dubai to deliver uninterrupted success as a tourism and entertainment hub is turning into a costly business for…
Dubai-listed Emaar Properties and Emaar Malls announce merger plans
Emaar Properties and Emaar Malls – both listed on Dubai Financial Market (DFM) – jointly announced plans for an all…
Saudi Arabia plans to move real estate transactions onto digital platform
A planned digital platform will allow properties to be bought and sold in Saudi Arabia, Saudi Minister of Justice, Walid…
Driving consolidation: Dubai's Emaar set to merge its malls, properties business
The board of directors of Dubai’s Emaar Properties and Emaar Malls have voted to recommend an all-share merger to their…
UAE Ministry of Economy extends anti-money laundering compliance date for four business categories
The UAE’s Ministry of Economy has extended the grace period until March 31 for certain business categories to be in…
DAMAC Properties mulls increasing stake in DAMAC International Limited
Dubai’s DAMAC Properties PJSC has announced that its board will consider increasing its stake in part-owned subsidiary DAMAC International Limited.…
UAE's MPM Properties sees opportunities in Abu Dhabi residential market
MPM Properties has published its Q4 2020 Real Estate Market Overview for Abu Dhabi, confirming that the property market in…
Bruno Wehbe leads Booz Allen's MENA real estate practice
Three years after leaving the firm, Bruno Wehbe has re-joined Booz Allen Hamilton as a Vice President and leader of…
Housing & Development Bank logs profits of LE 2.06B in 2020
Housing & Development Bank’s consolidated profits lessened 7.37 percent during 2020, to LE 2.06 billion, down from LE 2.22 billion…
Emirati property investment firm unveils 12-year visa
UAE-based real estate investment company Al Hamra has rolled out its ‘Live & Work’ initiative in the emirate of Ras…