REAL ESTATE

Research and Markets: UAE Real Estate Market Outlook to 2013

Research and Markets has announced the addition of the "UAE Real Estate Market Outlook to 2013" report to thei (read more here…) Related items Research and Markets: United Arab Emirates Real Estate Report Q3 2011 – Several UAE Real Estate Companies Are Still In … UAE- Sowwah Square to lease last 2 towers UAE's...

Read more »

Dubai raises $675m for Al Sufouh tram project

Dubai Gov't says financing in place for completion of phase 1 of new transport system (read more here…) Related items Research and Markets: UAE Real Estate Market Outlook to 2013 Sorouh Full-Year Profit Surges as Rent Income Increases at Dubai Developer FDI in Dubai expected to rise by USD1b in 2012 Emaar Quarterly Profit...

Read more »

Sorouh Full-Year Profit Surges as Rent Income Increases at Dubai Developer

Sorouh Real Estate PJSC (SOROUH) , Abu Dhabi’s second-biggest developer by market value, said 2011 profit surged as income from rentals and housing projects rose. (read more here…) Related items Emaar Quarterly Profit More Than Doubles as Dubai Developer Expands Abroad Emaar Q4 profit soars 161% UAE's Emaar posts 161% increase in Q4 profit...

Read more »

FDI in Dubai expected to rise by USD1b in 2012

(MENAFN) Dubai Economic Development Department's investment office's executive director, Fahd Gargawi, said that foreign direct investment in the emirate would be expected to increase by USD1 … (read more here…) Related items FDI in Dubai reaches USD1.08b Dubai's property transactions hit USD38.9b in 2011 JAIH acquires Dubai beach hotel for USD100m UAE's Emaar posts...

Read more »

Emaar Quarterly Profit More Than Doubles as Dubai Developer Expands Abroad

Net income jumped to 716 million dirhams ($195 million) from 274 million dirhams a year earlier, the company said today in a statement. The average estimate of five analysts was for a profit of 460 million dirhams, according to data compiled by Bloomberg. (read more here…) Related items Sorouh Full-Year Profit Surges as Rent...

Read more »

CME Group and Oman Investment Fund to increase investments in Dubai Mercantile Exchange, Dubai Holding Retains 9% Stake

LONDON and DUBAI, United Arab Emirates, Feb. 21, 2012 /PRNewswire/ –  CME Group , the world's leading and most diverse derivatives marketplace, and Oman Investment Fund , a sovereign wealth fund of the … (read more here…) People who looked at this item also looked at… Dubai Airline Plans To Offset EU Carbon Tax...

Read more »

Nakheel seeks loan repayment plan spread over 5-7 years

Troubled Dubai property developer Nakheel asked bank creditors at a meeting on Wednesday to accept repayment of a $10.5 billion loan over five to seven years. (read more here…) Related items Dubai’s Deyaar eyes 1,000 home handovers in 2012 Al Habtoor to demolish Dubai Met Hotel in $1.33bn overhaul UAE’s Nakheel H1 profit USD143m...

Read more »

Shopping Surge Gives Dubai Developers a Lifeline After Property Sales Sink

Dubai’s developers, battered by three years of falling prices for homes and offices, are seeking refuge in retail assets as shopping tourism powers the economy. (read more here…) Related items January inflation in Dubai below 1 percent Dubai’s developers reach for retail lifeline Dubai Developers Thrown Retail Lifeline as Property Sales Sink Dubai villa...

Read more »

Dubai leads Gulf rally; Egypt at 7-month high

Regional markets rallied yesterday as upbeat global sentiment spilled over, and Egypt’s bourse hit a seven-month high after the finance minister said it will sign a $3.2bn loan agreement with the International Monetary Fund. (read more here…) Related items Dubai Shares Rally to 7-Month High on Dividend Bets; Emaar, Deyaar Advance Dubai ends at...

Read more »

Dubai’s Shares Surge Most in Almost a Year as Debt Concerns Fade

Dubai’s shares surged the most in almost a year on investor confidence debt-burdened companies in the emirate will meet payment obligations without government support and as quarterly earnings beat estimates. (read more here…) Related items Dubai’s Shares Rise to 3-Month High on Earnings, Global Outlook Kuwait’s Zain extends slide as unit CEO quits Saudi...

Read more »