Nakheel Records Highest Annual Net Profit in 2016

• Thursday, 2nd February 2017
• by Farah Montasser

Nakheel recorded net profit worth AED 4.96 bn in 2016, up 13% from AED 4.38 bn in 2015

Emaar Malls 2016 Net Profit Surges 13%

• Wednesday, 1st February 2017
• by Farah Montasser

Emaar Malls recorded a 13% increase in net profit of USD 510 mn in 2016, up from 2015’s net profit of USD 451 mn,

WB Backs 485 MW Power Plant, Jordan

• Wednesday, 1st February 2017
• by Farah Montasser

World Bank members, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) are backing the design, construction, ownership, and operation of a 485 MW gas-fired power plant in Jordan

Saudi Housing Ministry to Control Property Violations

• Wednesday, 1st February 2017
• by Farah Montasser

The Saudi Housing Ministry signs an agreement with the General Investigation Authority to supervise violations conducted in selling and renting properties

Riviera Group to Launch Luxury Apartment Complex, Dubai

• Wednesday, 1st February 2017
• by Farah Montasser

Riviera Property Group plans to launch La Riviera Apartments, a luxurious apartment complex located in Dubai

Emaar Turkey Celebrates New Regulations With ‘An Exclusive Opportunity’

• Wednesday, 1st February 2017
• by Farah Montasser

Emaar Turkey unveils its latest Emaar Square in Istanbul Turkey, entitling its buyers to a Turkish citizenship, following Turkey’s latest law amendment to promote real estate investments

Foster + Partners Wins Hotel Project, Makkah KSA

• Wednesday, 1st February 2017
• by Farah Montasser

UK-based Foster + Partners revealed that it won the chance to build a new luxury hotel and serviced apartments located at the heart of Makkah, Saudi Arabia

Cityscape Abu Dhabi: Now is Time to Invest

• Tuesday, 31st January 2017
• by Farah Montasser

Record investment deals on the show floor of Cityscape Abu Dhabi in 2016 resulted in more than 90% of show floor space be sold for this year’s event

Mortgage Activity Increases, Dubai

• Monday, 30th January 2017
• by Farah Montasser

Dubai’s sales transactions have declined, according to a report released by leading real estate consultancy Reidin

Green Community West Delivers its First Phase in Q2, Dubai

• Monday, 30th January 2017
• by Farah Montasser

A joint venture between Dubai Investments and UAE-based Union Properties, Properties Investment Company will be delivering the first phase of its Green Community West in Q2 of 2017