Azizi Developments close to securing over Dh700 million in financing from Abu Dhabi bank
Azizi Developments is close to securing a Dh700 million plus financing line from an Abu Dhabi bank, which will be…
Property & Real Estate
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Marriott to add Luxury Collection property in Saudi Arabia
Marriott International is ready to debut its Luxury Collection brand in Jeddah, Saudi Arabia. The hospitality brand has signed…
Romanian lender BCR to sell headquarters in downtown Bucharest to Arab investor
BCR, the second largest banking group in Romania, has reached the due diligence stage in the process of selling its…
Banks seize 101-floor Dubai skyscraper after developer defaults
What was once billed as the world's highest residential tower has gone bust, leaving banks, and investors scrambling to protect…
Real estate market in UAE shows positive signs: ICAEW
The UAE real estate landscape is growing —highlighting a significant uptick in secondary market transactions in recent months, compared to…
Edamah Signs a BD 4.5 Million Financing Agreement With KHCB for Salmaniya Carpark Development
Bahrain Real Estate Investment Company (Edamah), the real-estate arm of the sovereign wealth fund of the Kingdom of Bahrain, has…
UAE central bank sets early exit fee limit for mortgages
The Central Bank of the UAE directed local banks to reduce the early settlement fee on mortgages to a maximum…
Saudi developer Dar Al Arkan sells $600 mln in Islamic bonds
Saudi Arabian real estate developer Dar Al Arkan is set to raise $600 million through an issuance of sukuk, or…
UAE: Here's how customers access banking, real estate and automotive sector websites
Traditional methods of search and direct remain key traffic sources across UAE’s automotive, banking and real estate sectors. SEMrush’s…
Real Estate Relations Regulatory Department at DLD honoured by ADCB
Dubai Land Department is proud to possess strong cooperative relationships with several local partners, primarily banks in the UAE —…
Abu Dhabi's Aldar hires banks for dollar sukuk
Aldar Investment Properties has hired banks to arrange investor meetings ahead of a planned issue of U.S. dollar-denominated sukuk, or…
Chinese Fidu Properties plans big UAE expansion
Fidu Properties, a leading Chinese company with a major presence in the UAE property market, has opened its second office…