Dubai's top court dismisses tycoon's $115m damages claim for superyacht
Dubai's highest court has dismissed a $115 million damages claim filed as part of a high-profile and costly divorce case…
Property & Real Estate
2485 articles found
Saudi Arabia imposes new tax on property deals, exempts them from VAT
Saudi Arabia’s king on Friday issued an order exempting real estate deals from a 15% value-added tax (VAT) and imposed…
Farnek appoints Aburok to drive business growth strategy
Farnek has appointed Khaldun Aburok as director of business development. Aburok’s previous experience in business development includes a senior…
UAE construction industry on edge as Arabtec eyes 'liquidation
Pressure on the UAE’s construction sector is increasing by the day, with banks now tightening up project-related financing over the…
Saudi giga project developers insist: 'We're not rivals'
Developers behind Saudi Arabia's multi-billion dollar giga projects have insisted they are not rivals and are working together to transform…
UAE's market leading property developer Aldar, upbeat about real estate market recovery
The COVID-19 pandemic has sent ripples through global real estate markets. According to property advisory & investment firm, Jones…
Many Dubai property owners yet to clear 2020 service fees despite legal notices
A majority of property owners in Dubai don’t seem to be in the mood to pay off their service charge…
Saudi Arabia's construction sector is powering Vision 2030
The infrastructure and construction industry is a crucial pillar of the government’s plan to overhaul the Saudi Arbia economy. Anwar…
Dubai real estate fund revamps biggest asset to boost occupancy
ENBD REIT, a Dubai-based sharia-compliant real estate investment trust run by Emirates NBD Asset Management, is set to refurbish a…
Knight Frank Middle East bolsters its Commercial Agency and Investment teams with two senior hires
Knight Frank Middle East have strengthened its Commercial Agency and ME investment teams with the hires of Andrew Love and…
Abu Dhabi investment office to open Tel Aviv site, its 1st outsie the UAE
The state-run Abu Dhabi Investment Office (ADIO) is set to open its first office outside the United Arab Emirates in…
Bahrain banks' asset quality to dwindle but remain contained for now: S&P
Property prices in Bahrain will fall at an accelerated pace while banks will face pressure on profits towards the end…