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Khoie denies insolvency, vows project completionKhoie Properties has denied allegations of insolvency, and instead reiterated its control over Dh1 billion ($272 million) assets in land. The company also said it had Dh700 million receivables on account of its ownership of the ‘La Ho More… |
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Rakeen made custodian of $800m La Hoya BayRakeen, a leading property developer, has been appointed judicial custodian of the $800 million La Hoya Bay project following a recent ruling by the Ras Al Khaimah Court, a statement said. La Hoya Bay was the main project of Khoie Pro More… |
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Rakeen made custodian of $800m La Hoya BayRakeen, a leading property developer, has been appointed judicial custodian of the $800 million La Hoya Bay project following a recent ruling by the Ras Al Khaimah Court, a statement said. La Hoya Bay was the main project of Khoie Pro More… |
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Rakia to take over $544m property projectThe Ras al-Khaimah government is willing to take over a Dh2 billion ($544.7 million) property project in the emirate from a Dubai real estate firm, a newspaper said on Friday. "We won't make it complicated for investors," Khater Masaad, th More… |
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Dubai developer fails to meet $15m paymentDubai developer Khoie Properties said on Monday that as a result of the financial crisis it was unable to meet a $15 million land payment to Ras al-Khaimah's investment arm for a $800 million project it had launched. 'Following las More… |
