Deyaar posts 7.4pc jump in 2018 net profit
Deyaar Development, has announced a net profit of Dh140.1 million ($38.1 million) for the full year ended December 31, 2018,…
Property & Real Estate
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Banks lift Saudi, blue-chips elevate major Gulf markets
Saudi Arabia's stock market rose sharply on Monday to a three- and-a-half year high boosted by blue-chip bank shares, while…
Lulu Group eyes for international market inks deal with Swiss real estate
Zurich Airport in Rumlang, Switzerland. According to a statement issued on Monday by the T14H, with the addition of the…
New realty rules spur buying interest in Dubai property stocks
Property stocks saw active buying interest on the Dubai Financial Market on Monday after reports of new real estate regulations…
This is Dubai’s first twin-tower launch of 2019
Dubai’s property market has got its first twin-tower launch of 2019 – a 28-storey, 150-metre high project in Mohammad Bin…
Real estate investment trusts lower entry barrier for investors
Individual retail investors in the UAE are increasingly looking at real estate investment trusts (Reits) to access property portfolios without…
Dubai property developers put bond plans on hold: Sources
Dubai’s Emaar Properties and state-owned developer Nakheel have put on hold plans to issue US dollar-denominated bonds, Emaar and sources…
Property slump to weigh on UAE banks as bad loans set to rise
Lenders in the United Arab Emirates will come under pressure this year as a property and retail slump take its…
UAE investors can pick up some Belt & Road action
Want a piece of the property action in China’s Belt & Road (B&R) Initiative? Investors in the UAE and from…
KG Group acquires stake in Dubai-based Virtue Properties
Virtue Properties has expanded its shareholder base with the inclusion of K. Gupta, the new chairman and Rohit Gupta, vice-chairman…
Why UK should still appeal to Gulf investors despite Brexit doubts
The UK's real estate market should still hold appeal to Gulf-based real estate investors despite the uncertainties surrounding Brexit, according…
Cracks Start to Show for U.A.E. Banks as Bad Loans Set to Rise
Cracks are starting to show in the United Arab Emirates’ banking sector as a property and retail slump take its…