Sunday 1 March 2015
 
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Al Marjan Island project sales double

Al Marjan Island Company, a leading developer in Ras Al Khaimah, UAE, said the sales and investments at its Al Marjan Island (AMI) project doubled in January compared to the same period last year. Located south-west of Ras Al Khai

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Structural work completed on Bahrain's Dragon Mall

Diyar Al Muharraq, one of the leading urban developers in Bahrain, said it has completed the main structural framework of Dragon Mall and the Asian Dining Street in Dragon City well ahead of schedule. A unique master-planned city

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Deyaar net profit surges 82pc in 2014

Deyaar, a leading Dubai-based developer, has achieved a consolidated net profit of Dh281.9 million ($76.7 million) for 2014, up 82 per cent from Dh154.5 million ($42 million) achieved the year before. The company also finished the

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Al Areen developers in plea for licences

Several Kuwaiti real estate investors are facing difficulties in obtaining the required licences to start their commercial and housing projects as part of Al Areen development project in the Southern Governorate in Bahrain. They s

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UK developer Consero plans $455m projects in Oman

Al Raid Group, one of Oman’s largest corporations, and Consero London, a leading British luxury property developer, have agreed to set up a joint venture to develop up to £300 million ($455 million) of luxury residential property acr

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Omani developer to launch IPO next year

Aqar Property Developers, a subsidiary of leading Omani firm Al Khonji Holding, is planning to go public with an initial public offering (IPO) next year, said a report, citing a senior official. Aqar (meaning real estate in Arabic

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Saudi developer Jabal Omar swings to profit

Jabal Omar Development, the largest listed real estate developer in Saudi Arabia by market capitalisation, has reported its first quarterly profit in five years. Since 2009, Jabal Omar, which works on projects in Makkah, has only report

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Saudi developer to invest in stocks

Jazan Development Company (Jazadco), a leading Saudi company specialising in agricultural activity, said it has won approval from the company's board, to invest SR20 million ($5.3 million) in Tadawul-listed shares. Jazadco sai

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Saudi developer to invest in stocks

Jazan Development Company (Jazadco), a leading Saudi company specialising in agricultural activity, said it has won approval from the company's board, to invest SR20 million ($5.3 million) in Tadawul-listed shares. Jazadco sai

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UAE firm seals land deal with Dubai World Central

SA Level, an UAE-based developer, has signed a deal with Dubai World Central (DWC) towards the purchase of land for the development of a major luxury and lifestyle project in the world’s first purpose-built aerotropolis. The

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