Business | Property
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Tuesday Apr 30
Real estate: Sorouh net profit rises 21.6%
Abu Dhabi developer posts earnings of Dh83.6m even as revenue falls 35%; all eyes now on Aldar merger
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Tuesday Apr 30
RAK Properties posts net profit of Dh40.1mn
Q1 net profit amonst to more than 27 per cent of 2012 profit
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Tuesday Apr 30
Real estate: Aldar’s Q1 profit, revenues plunge
Real estate developer posts earnings of Dh154.3m, down from Dh478.2m last year, while turnover falls from Dh3.59b to Dh1.62b
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Tuesday Apr 30
Tabreed earnings up 30% in first quarter
Dubai-listed district cooling firm posted a net profit of Dh47.8m on back of lower finance costs
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Tuesday Apr 30
Middle East investors line-up to buy property in Northern Cyprus
Gulf nationals and expatriates are keen on investment opportunities
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Tuesday Apr 30
Barwa Real Estate Q1 profit nearly halves
Company did not give any reason for decline in Q1 profit
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Monday Apr 29
International Property Show in Dubai to feature $50b worth of projects
Company behind Dubai Sustainable City looking to raise about Dh180 million in investments
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Sunday Apr 28
Office oversupply prompts change to homes, hotels use in Dubai
Most conversions happened in Business Bay, which has high office vacancy
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Thursday Apr 25
Russia puts curb on overseas property interests
New diktat against government officials seeking realty assets abroad
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Thursday Apr 25
New Dubai residential clusters tap into buyer interest
Developers highlight credentials of Dubai’s up and coming neighbourhoods
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Thursday Apr 25
Azerbaijan oil fund sets investment radar on Asia
Australian property could also be of interest for the fund
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Thursday Apr 25
UAE and Arab investors look to London
Boost will be provided by latest UK budget which did not impose higher taxes
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Thursday Apr 25
Dubai Property Group expects its 2.3b square feet land bank to offer flexibility
Developer syncs with demand and supply patterns in the local property market
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Wednesday Apr 24
Dubai Land Department auctions 11 properties for over Dh85m
DLD auctions 11 leasehold properties for over Dh85m
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Tuesday Apr 23
Al Habtoor constructs water show theatre worth Dh550 million
The theatre is part of a Dh4.7 billion project, which includes three hotels.
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Sunday Apr 21
Algerian refining expected to double
North African country plans to build four or five refineries in the next five years
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Thursday Apr 18
Tasweek to invest Dh800m this year in UAE
Tasweek’s villas to cost Dh650,000-Dh1.3 million
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Thursday Apr 18
China’s property market gets a breather of sorts
Growth in realty investment slows in first quarter even as sales remained strong
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Thursday Apr 18
Building maintenance to be made sustainable
Operational efficiency to be monitored by Urban Planning Council, under its Estidama Pearl Rating System
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Thursday Apr 18
Price spike in luxury London homes cannot last
Values have already reached unsustainable levels, suggest Grosvenor Group
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Thursday Apr 18
London realty presses credentials with UAE buyer
Latest budget proposals and favourable exchange rates could push up interest
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Wednesday Apr 17
Nakheel net profit rises 36% to Dh491m
Analysts expect Nakheel’s growth to continue in 2013 as it continues to hand over units and market sentiment improves
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Tuesday Apr 16
Abu Dhabi home investments notch 8% gains
Prime developments buck trend of declining residential rents on safe haven status
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Monday Apr 15
Falcon City of wonders to sell villas, begin construction
Sufficient funds available to finish project, chairman says
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Sunday Apr 14
Dubai Sustainable City off-plan sales starts in July
About 30% of $1b project to be self-funded as construction on residential and commercial areas set to begin in June
Business Editor's choice
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Gold buying loses its sheen in UAE
Local trade braces for subdued month as buyers wait for gold prices to slip further
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Mideast investors prefer to keep money home
They scrutinise wealth managers more and are actively overseeing their assets
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Cyprus returns to holiday island mode
The government has since put the priority on tourism, long a major money earner, as an anchor for the economy
