Emaar Properties records 20% increase in Q3 net profit
Dubai, UAE
Emaar Properties PJSC, recorded a 20 percent increase in net profit to Dh1.33 billion(US$362 million) in third quarter (July to September) of 2019,...
Cities that adapt to new economic models compete best in real estate sector
UAE
Cities that adapt to new economic models, such as the innovation economy, experience economy, sharing economy and circular economy, will enjoy new sources of...
Arada sells 5,000 units as interest in new communities in Sharjah gathers pace
Sharjah, UAE
Sharjah-based property developer Arada said, it has sold 5,000 units, a little over two and a half years since it launched its first...
Drake & Scull International puts travel ban against former manager, seeking seizure of properties
Dubai, UAE
The new management of the troubled
construction company Drake & Scull International, said, it has secured a
travel ban against an executive manager of the...
Damac Properties net profit plunges 90.5% to Dh81.63 million in the first half of 2019
Damac Properties net profit plunged 90.53 percent to Fh81.63 million in the first half of 2019, down from Dh862 million recorded in the first...
