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Index Tower

Arqaam Capital opens new office in DIFC

Arqaam Capital, a specialist emerging markets investment bank, has relocated its operating hub in Dubai to a new office in Index Tower, the 80-storey mixed-use property in Dubai International Financial Centre (DIFC). Essa Kazim, g

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Emirates REIT H1 profit edges up to $35m

Emirates REIT, the UAE’s first regulated sharia-compliant real estate investment trust, has posted net profit of $35.11 million in the first half (H1) of the year, marking a 2.8 per cent rise in the figures of H1 2014. Net p

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Union Properties in talks with investors

Dubai's Union Properties is negotiating for a discount with at least five investors on outstanding payments for a delayed project, and is in talks with others, an executive told a television channel. "We met with some investors along with

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Investors sue Union Properties says report

More than 30 investors have filed a breach of contract case against Dubai developer Union Properties for the non-delivery of homes on one of its projects, a local daily reported on Monday. The developer's Index Tower project which is u

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