Sorouh Real Estate PJSC (SOROUH) said first- quarter profit climbed 30 percent as Abu Dhabi ’s second-biggest property developer by market value more than doubled revenue from homes deliveries and rentals. (read more here…)
Abu Dhabi’s benchmark stock index headed for the biggest advance in almost a month after profit at the emirate’s largest real estate developers rose on an increase in home deliveries in the United Arab Emirates capital. (read more here…)
Sorouh Real Estate PJSC (SOROUH) , Abu Dhabi ’s second-biggest property developer by market value, said first-quarter profit climbed 30 percent as sales increased. (read more here…)
(MENAFN) Dubai's Real Estate Regulatory Authority (RERA) said some 291 projects are on hold in the emirate after the collapse of its property market in 2009, Reuters reported. Dubai's property … (read more here…)
The Gulf country that gave the world indoor skiing in the desert, a Ferrari theme park and a half mile-high skyscraper is back at it with plans for an entire resort island based around the brand of one … (read more here…)
(MENAFN) Abu Dhabi-based Sorouh Real Estate reported USD104.3 million profit in 2011, up from USD4.4 million in 2010, Arabian Business reported. The developer said income was driven partly by the … (read more here…)
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 the story…)
DUBAI — Abu Dhabi’s shares rose the most in a week amid speculation earnings at the emirate’s biggest real- estate companies will improve and they will benefit from infrastructure spending plans. (read more here…)
Here is a look at real-estate news in today’s WSJ: (read more here…)
Abu Dhabi’s government extended its bailout of developers hurt by the United Arab Emirates’ real- estate crash, agreeing to buy assets valued at 16.8 billion dirhams ($4.57 billion) from Aldar Properties PJSC. (read more here…)
