Tuesday 23 December 2014
 
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No deal yet on plot sale says Emaar

Emaar Properties, Dubai's largest listed developer, said on Tuesday it was looking to sell a land plot in downtown Dubai, UAE, and had received some offers for it, but no deal had been concluded yet. In a brief bourse statemen

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Plans to buy land for Manama's Old Suq development

Preparations are in full swing to buy 13 plots of land for the Bahrain government to carry out development projects in Manama’s Old Suq, including car parks, shelters and toilets. 

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GFH to invest $30m in Dubailand

Bahrain-based Islamic investment bank Gulf Finance House (GFH) has announced that it is investing $30 million in Dubailand to acquire a plot of 1.2 million sqft.   In a clarification, the investment bank revealed

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Al Ruwad launches plots for hotel projects in Dubai

Al Ruwad Real Estate Consultants have announced the launch of eight plots in the Al Jaddaf area for investors in the hospitality industry. The 250,000 sq ft plots of land are being allocated for 3 and 4 star hotel projects, with o

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United Real Estate sells Qatar asset

Kuwait-based United Real Estate Company (URC) has sold its 10,105 sq m plot in Qatar.    The total cash transaction value was KD6.1 million ($21.8 million), achieving a net profit of KD2.9 million, said a st

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ASSASSINATION PLOT: Saudi busts group

Saudi Arabia said on Tuesday it had uncovered an Al Qaeda militant group with links to "extremist elements" in Syria and Yemen that had been plotting to assassinate officials and attack government and foreign targets. Th

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Kuwaiti papers suspended over 'plot' reports

A judge has suspended two Kuwaiti newspapers for two weeks after they published stories about a recording that discusses an alleged plot to overthrow the Gulf state's ruling system, their editors said on Sunday. Kuwait, a majo

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'Jihad Jane' sentenced to 10 years in plot

A US judge has sentenced an American woman who called herself "Jihad Jane" to 10 years in prison - at least a decade less than prosecutors had sought for her role in a failed plot to kill a Swedish artist for his anti-Islam drawings.

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Bahrain unearths plot to bomb US Navy base

A plot to bomb the US Navy Base in Bahrain, two Royal palaces and the airport was revealed yesterday during the trial of five alleged terrorists. Prosecutors claim a terror cell, made up of five men, planned to target key establis

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Woman 'human bomb' in F1 plot

A woman among five people accused of plotting to attack Bahrain's Formula One race was allegedly given six explosive devices days before she was arrested, a report said. The 37-year-old was stopped, along with another female s

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