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...
Azizi Developments say it will inject Dh3.5 billion to construct stalled projects
Dubai, UAE
Azizi Developments, a Dubai-based property developer, said it plans to invest over Dh3.5 billion in the next 2-3 years to deliver some of...
Investment Corporation of Dubai reports 27.5% jump in assets to Dh1.12 trillion
Dubai, UAE
Investment Corporation of Dubai, a Dubai Government investment and asset management arm, reported a 16.9 percent growth in net profit reaching Dh25 billion...
Ellington Properties introduces 3-year rental guarantee of 8% annually for all new owners
Dubai, UAE: Ellington Properties,Dubai’s leading design-led property developer, announced a rental guarantee scheme of 8 per cent per annum for three years for all new owners...