Tag Archives: properties

Aldar Properties Q4 profit falls on one-time charge

Aldar Properties reported an 80 percent fall in fourth-quarter profit due to a one-time charge, its chief financial officer said on Thursday. Aldar made a net profit attributable to owners of $ 38.4 million (AED141m) in the three months to ...

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Island tax haven firms own 23,000 UK properties

A quarter of property in England and Wales owned by overseas firms is held by entities registered in the British Virgin Islands, BBC analysis has found. The Caribbean archipelago is the official home of companies that own 23,000 properties – ...

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Damac Properties founder ready to sell 15% stake at Dubai developer

Related Articles DUBAI: Hussein Sajwani, the Dubai billionaire with links to US President Donald Trump, said Wednesday he was ready to sell 15 percent of his stake at real estate giant Damac Properties.Established by Sajwani in 2002, Damac has become ...

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Off-plan properties dominate Dubai's prime real estate market

Dubai’s prime residential market has seen an uptick in sales volume, driven by the popularity of off-plan properties, according to new data from Luxhabitat. In 2017, the price per square foot for prime residences was at AED 1,482 ($ 403) ...

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Union Properties close to Emicool sale

Related Articles LONDON: Dubai-based real estate developer Union Properties is in the final stage of selling its stake in regional district cooling company Emicool, it said on Wednesday.Emicool, a joint venture between Union and Dubai Investments, provides chilled water for ...

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Bloom Properties to Showcase Extensive Real Estate Portfolio at Dubai Property Roadshow, London

Bloom Properties to Showcase Extensive Real Estate Portfolio at Dubai Property Roadshow, London

Abu Dhabi, UAE – Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is set to showcase its extensive portfolio of real estate projects at the Dubai Property Roadshow, London. Set to run on ...

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Half of Oman’s properties could have solar energy in five years, conference told

DUBAI: Half of all houses in Oman could have rooftop solar panels supporting their energy needs in the next five years a conference has been told.Speaking at the Oman Economic Review Business Summit 2017, Raoul Restucci, managing director at Petroleum ...

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Emaar Properties awards Downtown Dubai contract to Arabtec unit

Target Engineering Construction Company, a wholly owned subsidiary of UAE-based construction giant, Arabtec Holding, has been awarded a $ 53.4m (AED196m) contract by Emaar Properties. Under the terms of the deal, Target will conduct main works for Phase 1 of ...

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GFH Properties announced as strategic partner for BIPEX 2017

Manama – GFH Properties, the real estate arm of GFH Financial Group, today announced that it has joined BIPEX as the Strategic Partner for the 2017 Property Exhibition to be held in the Kingdom of Bahrain between October 26 and ...

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Russian diplomats vacate three properties on U.S. orders

3 Min Read SAN FRANCISCO (Reuters) – Russian diplomats worked to vacate three properties in the United States on Saturday including the six-story consulate in San Francisco, complying with a U.S. order issued in retaliation for Moscow cutting the American ...

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