Abu Dhabi's Aldar Properties will cut its debts by more than a third over the next two years, its chief financial officer said on Monday, extending a trend that has already led to credit agencies upgrading their ratings on the company.
Beco Capital, an investment firm based in Dubai, UAE, has increased its stake in Propertyfinder Group, the owner and operator of leading real estate portals across the region.
The additional funding will be used to develop the pro
More than 170 exhibitors are set to showcase 45,000 properties worth 24,000 crores Indian rupees ($387.2 billion) at a top property show in Dubai, UAE, starting tomorrow (December 11).
The 15th edition of the Indian Property Show
Yusuf Bin Ahmed Kanoo (YBA Kanoo) has appointed Apex Properties as its property management agent for the Kanoo Tower in Bahrain.
The two have entered into an agreement for the management of the 24-storey commercial tower, said a r
Songbird Estates shareholder Madison International Realty plans to accept Qatar Investment Authority's (QIA) offer for the British property company, the sovereign wealth fund behind the hostile move said.
The offer of 350 penc
Bahrain-based real estate company Impact Estate has won the Arabian Property Awards 2014-2015 in two categories - Best Real Estate Agency Bahrain and Best Property Consultancy Bahrain.
Impact Estate competed against a number of re
Leading hospitality group Hilton Worldwide has signed a management deal with top real estate developer Dubai Properties (DP) for a DoubleTree by Hilton at the mixed-use Bay Square development in Dubai's Business Bay district, UAE.
Leading real estate developer Dubai Properties (DP) and hospitality group Hilton Worldwide have signed an agreement to build a DoubleTree by Hilton at the mixed-use Bay Square development in Dubai’s Business Bay district in the UAE.
The residential property prices in Dubai, UAE, posted solid growth in October with a 24.2 per cent year-on-year (y-o-y) increase over the same period last year, said a report.
The Dubai Residential Property Sales Price Index for a
Chestertons, a leading international property agency, said it had received an overwhelming response from investors in Abu Dhabi, UAE, for its Dh8.8 billion ($2.4 billion) Royal Wharf project.
The company had showcased the UK proje