Sobha Realty to launch US$15 billion mega township project
Sobha Realty, a UAE-based developer, will soon launch a mixed-use master-planned community that could be four times larger than its US$4 billion (Dh14.68 billion)...
Emaar Properties’ H1 net profits fall 35.48% to Dh2 billion due to Covid-19
Dubai, UAE
Emaar Properties’ net profit for the first half of 2020 plunged 35.48 percent to Dh2 billion mainly due to Covid-19 pandemic and subdued...
Emaar Malls profit plunges 69% to US$94 million in first half of 2020
Dubai, UAE
Coronavirus pandemic and subsequent lockdown caused a 69.48 percent fall in the net profits of Emaar Malls to Dh345 million (US$94 million), in the...
Construction of the Heart of Europe’s Côte d’Azur Resort on Fast Track for Completion in Q4 2020
The elevations of the four hotels resort Côte d’Azur that will offer a wide variety of European hospitality at the Heart of Europe leisure tourism destination...
Arada awards Dh423 million construction contract to build 16 residential buildings in Dh24 billion Aljada township
Sharjah, UAE
Sharjah-based real estate developer Arada said it has awarded a Dh423 million (US$115.25 million) construction contract to Best Building Contracting Company to develop...
