Jabal Omar posts SAR 53.8 mn in Q2 

• Sunday, 20th August 2017
• by Menna A. Farouk

Saudi Arabian developer Jabal Omar Development Co. says its profits rise 467% year-on-year in the second quarter ending June 30, 2017, Invest-Gate reports.

DIFC to Open Gate Avenue in 2018

• Sunday, 20th August 2017
• by Menna A. Farouk

Dubai International Financial Center (DIFC) says construction of Gate Avenue is on schedule for its anticipated opening in the first half of 2018, Invest-Gate reports.

DSI Unveils Updates on Business Operations 

• Wednesday, 16th August 2017
• by Menna A. Farouk

Drake and Scull International (DSI) reveals updates on its business operations, announcing that a diverse order backlog is in the advanced stages of negotiation for new orders, Invest-Gate reports.

Arabtec Unit Wins 2 New Projects

• Wednesday, 16th August 2017
• by Menna A. Farouk

Arabtec Holding says its wholly-owned subsidiary wins new contracts, Invest-Gate reports. Target Engineering Construction Company was awarded two new projects worth AED 3.2 mn.

Emaar Reports Profits of AED 1.45 bn in Q2

• Tuesday, 15th August 2017
• by Hager Abdel Al

Dubai-based property developer Emaar Properties reports a rise in its net profits during the second quarter of 2017, Invest-Gate reports.

Nakheel to Award Construction Deal for Dragon Towers By Year-End

• Tuesday, 15th August 2017
• by Hager Abdel Al

Dubai-based developer Nakheel expects to award a contract for the construction of a twin-building residential complex at Dragon City community in Dubai by the end of 2017, Invest-Gate reports.

DAMAC Properties’ Profits Fall for Second Consecutive Quarter

• Monday, 14th August 2017
• by Menna A. Farouk

Dubai-based real estate developer DAMAC Properties reports a fall in profits for the second quarter in a row, Reuters reports.

Bahrain to See Community Center Worth USD 3.7 mn

• Monday, 14th August 2017
• by Menna A. Farouk

Bahrain will see the establishment of a new integrated community center in the Northern Governorate, Bahrain News Agency (BNA) reports.

SMEs Win 50% of Expo 2020 Dubai’s 2017 Contract Awards

• Monday, 14th August 2017
• by Menna A. Farouk

Small- and medium-sized enterprises (SMEs) receive more than 50% of the contract awards related to Expo 2020 Dubai as of June this year, Invest-Gate reports.

Dubai Launches Property Projects Worth AED 21 bn in H1

• Sunday, 13th August 2017
• by Menna A. Farouk

Dubai sees the launch of 88 real estate projects since the beginning of 2016 until the first half of 2017, Invest-Gate reports.