Alkhabeer Capital launches IPO of real estate investment fund on Tadawul
Alkhabeer Capital launched the initial public offering (IPO) of its Shari’ah compliant real estate investment fund on the Saudi Stock…
Property & Real Estate
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International bank fined by Jersey court for “intermeddling” in assets of an estate
In a recent case in the Royal Courts of Jersey, a bank was fined for not obtaining the necessary authorisation…
PNB fraud: ED attaches 11 properties of Nirav Modi in Dubai
The Enforcement Directorate Tuesday said it had attached 11 properties worth over Rs 56 crore of fugitive diamond jeweller Nirav…
Qatari firm buys London's Grosvenor House hotel
A Qatari state-backed company is to buy the Grosvenor House hotel on London’s Park Lane, the latest in a string…
Proximity to Metro pays off for Dubai property owners
Being close the Dubai Metro’s Red Line is paying off for property owners. Prices for apartments within a five-minute…
Alkhabeer Capital to list SR1bn REIT fund
Alkhabeer Capital, an asset manager specialized in alternative investments, announced that it has received the approval of the Capital Markets…
UAE jumps 10 places in World Bank's ease of doing business list
The UAE climbed 10 spots to 11th place in the World Bank’s annual ease of doing business ranking, following a…
Saudi’s Alkhabeer to list property trust on market
Saudi Arabia’s Alkhabeer Capital plans to list a property trust on the stock exchange, the company said on Tuesday. …
MPM Properties wins four awards at African & Arabian Property Awards 2018
MPM Properties, the real estate advisory subsidiary of Abu Dhabi Islamic Bank (ADIB), has been recognised at the African &…
SC seeks details of 20 individuals with properties in UAE
The Supreme Court on Thursday summoned 20 people – who reside in Pakistan but own properties in the United Arab…
Bank Muscat’s Izdihar extends GCC footprint
Bank Muscat’s Izdihar Real Estate Fund (Izdihar) announced that it has acquired Binghatti Vista and Binghatti Sapphires, two premium residential…
Knight Frank signs knowledge partner MoU with Dubai Land Department
Global property consultancy Knight Frank has signed a memorandum of understanding with the Dubai Land Department to assist in promoting…