Abu Dhabi ’s shares rose to a week high, led by Aldar Properties PJSC (ALDAR) and Sorouh Real Estate Co. (SOROUH) , as the emirate’s biggest developers were said to be considering appointing advisers as soon as this week for a possible merger. (read more here…)
(MENAFN – Qatar News Agency) Barwa Real Estate announced Monday the inauguration of "Barwa City", one of the largest real estate projects in Qatar, at an estimated cost of about QR 7.3 billion. … (read more here…)
Abu Dhabi has selected banks including Goldman Sachs Group Inc. (GS), Morgan Stanley (MS) and Credit Suisse Group AG (CS) to advise on the state-backed merger of Aldar Properties Co. (ALDAR.AD) and Sorouh Real Estate (SOROUH.AD), Reuters news agency reported Monday on its website, citing four unnamed sources. (read more here…)
Refinancing the debts of the UAE government-related entities (GREs) remains a challenge made more difficult as European banks trim their activities in the region, the International Monetary Fund said yesterday. (read more here…)
(MENAFN – Khaleej Times) The story of 65-year-old Jawaid Qureshi and his struggle for survival are not ordinary. Having worked at the Ministry of Health for over 30 years, he was diagnosed with a … (read more here…)
(MENAFN – Khaleej Times) In light of the large number of fires breaking out across residential towers and villas in the UAE, the Dubai Islamic Insurance and Reinsurance Company, or Aman, is calling … (read more here…)
Al Hilal, Mashreq close facility deal for indoor entertainment plan in City of Arabia project (read more here…)
Developer launches 192 studio flats on Palm Jumeirah (read more here…)
Knight Frank says supply of commercial property continues to exceed demand in city (read more here…)
Water Discus Hotel is the latest extravagant real estate project in Dubai (read more here…)
