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Real Estate
Emaar hands over Alkhobar lakefront villas
Emaar Middle East has started handing over residences in Alkhobar Lakes' Al-Nada Village. It is the company's…
Nakheel Has Slashed Trade Claims By 70%
Nakheel , a Dubai-based developer, has used only 41.5 per cent, or Dh11.15 billion, from a total commitment of…
One World Trade Center Set to be New York’s tallest Skyscraper
One World Trade Center, the giant monolith being built to replace the twin towers destroyed in the Sept. 11…
Arabtec CEO Encourages Aabar To Raise Stake
The chief executive of Arabtec Holding yesterday said he considers Aabar Investments a key strategic stakeholder…
Sorouh Profit Rises 22% As Project Revenues Grow
Developer Sorouh Real Estate said yesterday the evaluation process to look at the legal and business aspects of a…
Selling Burj Khalifa’s Offices in Online Auction
An entire corporate floor in Dubai's Burj Khalifa, the world's tallest building, is to be sold in an online…
Lebanon Real Estate Sector Rises 21%
The real estate sector has seen an upturn in the month of March, compared with the previous month, with the number…
Istithmar World Buys Out Kerzner’s 50% Stake in Atlantis Hotel
Istithmar World -a subsidiary of Dubai World- yesterday announced that it had bought out Kerzner International…
Aldar’s Q1 Profit Reaches Dh478.2m
Aldar Properties said its fiscal first quarter net profit jumped to Dh478.2 million from Dh189.1 million during the…
Sorouh’s Profit Increases by 22%
Sorouh Real Estate PJSC, an Abu Dhabi-based developer, reported a 22 % increase in its consolidated net profits to…