Court also orders a halt to all other judicial proceedings related to selling assets
Projects are being won using lowest, and mostly unsustainable, bid quotes
Arjomand steps in as Sajwani moves to take 100% control of developer
Developers try to absorb soaring steel, cement prices, but do not have many options left
Having settled 'longstanding' dispute will give Emirates REIT some welcome relief
Even big construction firms find they do not have funds to clear end-of-service benefits
Value of mortgages amounted to Dh147.66m
Company said it is moving ahead with the financial restructuring plan
Aldar will use additional time to complete due diligence on planned regional foray
Maple formally informs Damac board of buyout decision by founder Hussain Sajwani
Fund from Investcorp and Aberdeen Standard venture will have wide geographical scope
Emirates REIT could continue with more strategic disposals as its seeks turnaround
Dubai billionaire Sajwani already owns 72.215% in Damac, and getting to 90% is key
Maple Invest Co Limited, owned by Sajwani to acquire remaining shares of Damac
New Act empowers property owners with sufficient safeguards and that’s a huge plus
May sales show average transaction values firming up on upscale homes
