DubaiBIZZ.net » Property http://dubaibizz.net | DUBAI | Business | Finance | News | Opportunity | Technology | Fri, 30 Jul 2010 00:01:30 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Aldar Reports Third Quarterly Loss as Property Sales Drop, Misses Forecast http://dubaibizz.net/aldar-reports-third-quarterly-loss-as-property-sales-drop-misses-forecast.html http://dubaibizz.net/aldar-reports-third-quarterly-loss-as-property-sales-drop-misses-forecast.html#comments Thu, 29 Jul 2010 17:08:57 +0000 admin http://dubaibizz.net/aldar-reports-third-quarterly-loss-as-property-sales-drop-misses-forecast.html Aldar Properties PJSC reported its third consecutive quarterly loss as the biggest real-estate developer in Abu Dhabi suffered from lower sales.
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]]> http://dubaibizz.net/aldar-reports-third-quarterly-loss-as-property-sales-drop-misses-forecast.html/feed 0 Aldar reports H1 2010 financial results http://dubaibizz.net/aldar-reports-h1-2010-financial-results.html http://dubaibizz.net/aldar-reports-h1-2010-financial-results.html#comments Thu, 29 Jul 2010 13:08:06 +0000 admin http://dubaibizz.net/aldar-reports-h1-2010-financial-results.html Aldar Properties PJSC, Abu Dhabi’s leading property development investment and management company, today announced its financial results for the six month period ended 30 June 2010.
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]]> http://dubaibizz.net/aldar-reports-h1-2010-financial-results.html/feed 0 Owner of Dubai’s ‘little Britain’ jailed for non-payment of cheques http://dubaibizz.net/owner-of-dubais-little-britain-jailed-for-non-payment-of-cheques.html http://dubaibizz.net/owner-of-dubais-little-britain-jailed-for-non-payment-of-cheques.html#comments Wed, 28 Jul 2010 19:25:56 +0000 admin http://dubaibizz.net/owner-of-dubais-little-britain-jailed-for-non-payment-of-cheques.html Londoner jailed over cheques never meant to be cashed Gulf’s ‘British isle’ resort on hold until Safi Qareshi’s release A British property tycoon hailed as one of Dubai’s most successful entrepreneurs after buying a £43m island in the shape of Great Britain has been jailed for seven years for bouncing cheques and withholding payments. Safi Qurashi, from Balham, south London, was convicted …
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]]> http://dubaibizz.net/owner-of-dubais-little-britain-jailed-for-non-payment-of-cheques.html/feed 0 Abu Dhabi Sorouh Reports 79% Drop in Second-Quarter Net, Missing Estimates http://dubaibizz.net/abu-dhabi-sorouh-reports-79-drop-in-second-quarter-net-missing-estimates.html http://dubaibizz.net/abu-dhabi-sorouh-reports-79-drop-in-second-quarter-net-missing-estimates.html#comments Tue, 27 Jul 2010 07:02:52 +0000 admin http://dubaibizz.net/abu-dhabi-sorouh-reports-79-drop-in-second-quarter-net-missing-estimates.html Sorouh Real Estate PJSC , Abu Dhabis second-biggest property developer by market value, reported a 79 percent decline in second-quarter profit, missing analysts estimates.
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]]> http://dubaibizz.net/abu-dhabi-sorouh-reports-79-drop-in-second-quarter-net-missing-estimates.html/feed 0 Nakheel seeks 7 years to repay Islamic loan http://dubaibizz.net/nakheel-seeks-7-years-to-repay-islamic-loan.html http://dubaibizz.net/nakheel-seeks-7-years-to-repay-islamic-loan.html#comments Mon, 26 Jul 2010 20:57:17 +0000 admin http://dubaibizz.net/nakheel-seeks-7-years-to-repay-islamic-loan.html Nakheel, the property developer behind Dubais palm-shaped islands, has proposed repaying its bank debt after five years and one outstanding $1.85bn syndicated Islamic loan after seven, a source close to the company said.
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]]> http://dubaibizz.net/nakheel-seeks-7-years-to-repay-islamic-loan.html/feed 0 DLF to buy out Dubai World in JV http://dubaibizz.net/dlf-to-buy-out-dubai-world-in-jv.html http://dubaibizz.net/dlf-to-buy-out-dubai-world-in-jv.html#comments Mon, 26 Jul 2010 18:40:35 +0000 admin http://dubaibizz.net/dlf-to-buy-out-dubai-world-in-jv.html Agencies New Delhi, July 26: DLF is buying out the property arm of Dubai World, its foreign partner in the 50:50 joint venture to make Bidadi Knowledge City. A wholly-owned arm of DLF will buy out the stake owned by Limitless Group, which is a part of Dubai World, for around Rs 200 crore, a person with direct knowledge of the transaction said.
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]]> http://dubaibizz.net/dlf-to-buy-out-dubai-world-in-jv.html/feed 0 DLF to buy out Dubai World in JV: Report http://dubaibizz.net/dlf-to-buy-out-dubai-world-in-jv-report.html http://dubaibizz.net/dlf-to-buy-out-dubai-world-in-jv-report.html#comments Mon, 26 Jul 2010 05:05:32 +0000 admin http://dubaibizz.net/dlf-to-buy-out-dubai-world-in-jv-report.html DLF is buying out the stake held by Dubai World’s property arm in an equal joint venture in India for about Rs 200 crore ($43 million), a business daily reported on Monday.
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]]> http://dubaibizz.net/dlf-to-buy-out-dubai-world-in-jv-report.html/feed 0 Clyde & Co adds ‘leading IP lawyer’ to Middle East practice http://dubaibizz.net/clyde-co-adds-leading-ip-lawyer-to-middle-east-practice.html http://dubaibizz.net/clyde-co-adds-leading-ip-lawyer-to-middle-east-practice.html#comments Sun, 25 Jul 2010 13:37:37 +0000 admin http://dubaibizz.net/clyde-co-adds-leading-ip-lawyer-to-middle-east-practice.html Dubai, 25 July 2010 – Law firm Clyde & Co LLP is pleased to announce the arrival of partner Joycia Young into its Middle East Intellectual Property (IP) group. Joycia’s principal areas of practice are intellectual property and franchising; her arrival enhances and further entrenches the firm’s dominant market position in this area by combining two of the region’s leading practices.
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]]> http://dubaibizz.net/clyde-co-adds-leading-ip-lawyer-to-middle-east-practice.html/feed 0 Property agency introduces rent payment with credit card Pay your rent using a credit card http://dubaibizz.net/property-agency-introduces-rent-payment-with-credit-card-pay-your-rent-using-a-credit-card.html http://dubaibizz.net/property-agency-introduces-rent-payment-with-credit-card-pay-your-rent-using-a-credit-card.html#comments Sun, 25 Jul 2010 06:44:49 +0000 admin http://dubaibizz.net/property-agency-introduces-rent-payment-with-credit-card-pay-your-rent-using-a-credit-card.html Dubai The novel concept of rent payments through credit cards has made an entry into the Dubai property market. Property agency Landmark has made the offer for units in Discovery Gardens, according to advertisements. A Landmark agent confirmed the offer to Gulf News yesterday.
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]]> http://dubaibizz.net/property-agency-introduces-rent-payment-with-credit-card-pay-your-rent-using-a-credit-card.html/feed 0 Tycoon is jailed for bouncing cheques http://dubaibizz.net/tycoon-is-jailed-for-bouncing-cheques.html http://dubaibizz.net/tycoon-is-jailed-for-bouncing-cheques.html#comments Sat, 24 Jul 2010 22:52:20 +0000 admin http://dubaibizz.net/tycoon-is-jailed-for-bouncing-cheques.html A British property tycoon hailed as one of Dubai’s most successful entrepreneurs after buying a £43mn island in the shape of Great Britain has been jailed for seven years for bouncing cheques and withholding payments.
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]]> http://dubaibizz.net/tycoon-is-jailed-for-bouncing-cheques.html/feed 0 BT Group, Mattel, Pirate Party, Gucci, Capcom, BYD: Intellectual Property http://dubaibizz.net/bt-group-mattel-pirate-party-gucci-capcom-byd-intellectual-property.html http://dubaibizz.net/bt-group-mattel-pirate-party-gucci-capcom-byd-intellectual-property.html#comments Fri, 23 Jul 2010 09:07:29 +0000 admin http://dubaibizz.net/bt-group-mattel-pirate-party-gucci-capcom-byd-intellectual-property.html BT Group Plcs British Telecommunications unit sued chipmaker Analog Devices Inc. in the U.S., demanding patent royalties for an invention related to data compression and encoding.
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]]> http://dubaibizz.net/bt-group-mattel-pirate-party-gucci-capcom-byd-intellectual-property.html/feed 0 Emaar Properties posts Q2 net profit of $218m http://dubaibizz.net/emaar-properties-posts-q2-net-profit-of-218m.html http://dubaibizz.net/emaar-properties-posts-q2-net-profit-of-218m.html#comments Thu, 22 Jul 2010 12:08:27 +0000 admin http://dubaibizz.net/emaar-properties-posts-q2-net-profit-of-218m.html UAE property giant had reported a loss of $350m in the year-earlier period.
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]]> http://dubaibizz.net/emaar-properties-posts-q2-net-profit-of-218m.html/feed 0 New Sukhumvit landmark, Le Luk Condominium,puts Phra Khanong area on the map http://dubaibizz.net/new-sukhumvit-landmark-le-luk-condominiumputs-phra-khanong-area-on-the-map.html http://dubaibizz.net/new-sukhumvit-landmark-le-luk-condominiumputs-phra-khanong-area-on-the-map.html#comments Thu, 22 Jul 2010 10:48:22 +0000 admin http://dubaibizz.net/new-sukhumvit-landmark-le-luk-condominiumputs-phra-khanong-area-on-the-map.html Çѹ·Õè 22 ¡Ã¡®Ò¤Á 2553 14:58 ¹. 7 Best Wishes” promotion worth upto THB 1.5 million per unit to boost sales of the 25 remaining units. W-Property moving forward on retail development which will become Bangkoks new lifestyle icon.
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]]> http://dubaibizz.net/new-sukhumvit-landmark-le-luk-condominiumputs-phra-khanong-area-on-the-map.html/feed 0 Lack of Sales Leaves Dubai Property Buyers Guessing http://dubaibizz.net/lack-of-sales-leaves-dubai-property-buyers-guessing.html http://dubaibizz.net/lack-of-sales-leaves-dubai-property-buyers-guessing.html#comments Wed, 21 Jul 2010 11:14:04 +0000 admin http://dubaibizz.net/lack-of-sales-leaves-dubai-property-buyers-guessing.html A dearth of Dubai home sales and foreclosure auctions is stalling a recovery because buyers arent able to gauge how far prices have fallen during the markets two-year slump.
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]]> http://dubaibizz.net/lack-of-sales-leaves-dubai-property-buyers-guessing.html/feed 0 UAE- ADX gains on Aabar news, property drags DFM http://dubaibizz.net/uae-adx-gains-on-aabar-news-property-drags-dfm.html http://dubaibizz.net/uae-adx-gains-on-aabar-news-property-drags-dfm.html#comments Mon, 19 Jul 2010 07:54:55 +0000 admin http://dubaibizz.net/uae-adx-gains-on-aabar-news-property-drags-dfm.html UAE- ADX gains on Aabar news, property drags DFM
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]]> http://dubaibizz.net/uae-adx-gains-on-aabar-news-property-drags-dfm.html/feed 0 Dubai developers face refinancing risk: Fitch http://dubaibizz.net/dubai-developers-face-refinancing-risk-fitch.html http://dubaibizz.net/dubai-developers-face-refinancing-risk-fitch.html#comments Mon, 19 Jul 2010 06:12:55 +0000 admin http://dubaibizz.net/dubai-developers-face-refinancing-risk-fitch.html Dubais property companies may face significant refinancing risks as the emirates real estate market will likely remain under pressure until at least 2012- 2013, Fitch Ratings said.
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]]> http://dubaibizz.net/dubai-developers-face-refinancing-risk-fitch.html/feed 0 Business : Prices dip 8% in Sharjah and Ajman http://dubaibizz.net/business-prices-dip-8-in-sharjah-and-ajman.html http://dubaibizz.net/business-prices-dip-8-in-sharjah-and-ajman.html#comments Mon, 19 Jul 2010 05:58:35 +0000 admin http://dubaibizz.net/business-prices-dip-8-in-sharjah-and-ajman.html DUBAI — Property prices in Sharjah and Ajman dropped by as much as eight per cent as an increase in supply allowed tenants more choice, Asteco Property Management said in its new report on Sunday.
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]]> http://dubaibizz.net/business-prices-dip-8-in-sharjah-and-ajman.html/feed 0 Business : Dubai apartment rents dip 8 pc http://dubaibizz.net/business-dubai-apartment-rents-dip-8-pc.html http://dubaibizz.net/business-dubai-apartment-rents-dip-8-pc.html#comments Thu, 15 Jul 2010 11:52:07 +0000 admin http://dubaibizz.net/business-dubai-apartment-rents-dip-8-pc.html Apartment rents in Dubai declined by an average of eight per cent in the second quarter in the wake of a steady increase in supply of new units, a property management company said.
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]]> http://dubaibizz.net/business-dubai-apartment-rents-dip-8-pc.html/feed 0 Dubai apartment rents dip 8 pc http://dubaibizz.net/dubai-apartment-rents-dip-8-pc.html http://dubaibizz.net/dubai-apartment-rents-dip-8-pc.html#comments Thu, 15 Jul 2010 06:16:13 +0000 admin http://dubaibizz.net/dubai-apartment-rents-dip-8-pc.html Apartment rents in Dubai declined by an average of eight per cent in the second quarter in the wake of a steady increase in supply of new units, a property management company said.
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]]> http://dubaibizz.net/dubai-apartment-rents-dip-8-pc.html/feed 0 Business : Nakheel debt deal soon http://dubaibizz.net/business-nakheel-debt-deal-soon.html http://dubaibizz.net/business-nakheel-debt-deal-soon.html#comments Thu, 15 Jul 2010 04:26:30 +0000 admin http://dubaibizz.net/business-nakheel-debt-deal-soon.html DUBAI — Property developer Nakheel expects to complete its debt restructuring process in coming months as core banks unanimously support its proposal in principle.
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