Some experts predict a further hike in sales prices, though other insiders say that rates have stabilised.
Abu Dhabi conglomerate Al Jaber Group set up a five-bank creditor committee in 2011 to negotiate a $4.5 billion restructuring
The proposed financing comes ahead of a $1.25 billion bond maturity in May 2014
Abu Dhabi carrier makes unusual move in order to meet Los Angeles launch next summer
Etihad expanding east and north as Jakarta flights set to double at the end of October and Latvian trade links to be bolstered by airBaltic’s new flights from December
Luxury property developer dismisses fears of another market crash.
Sobha, in a joint venture with Dubai’s Meydan, is currently developing the Dhs25 billion Mohammed Bin Rashid City – District One project.
QNB posted a net profit of QAR2.4 billion for the three months to September 30
Bank of London and The Middle East, Britain’s largest stand-alone Islamic bank, was listed on Nasdaq Dubai
The bank arranged 20 debt issuances worth around $16.3 billion in 2012
DIFC Properties is looking for investors to develop about 10 million sq ft of property through joint ventures
Emaar boss says the market is better regulated and current growth is sustainable.
Driven by growth in Dubai’s property market, Middle East investors are looking to invest in real estate both globally and regionally.
Palm Deira is likely to be renamed, one of the sources said.
A mixed-use development in Deira, a Boardwalk and a new beach at Palm Jumeirah will add to Nakheel’s portfolio.
The mega-development will be spread over an area of six million square metres.
New design details for 100-plus storey skyscraper revealed by real estate group at Cityscape Global.
Dubai Properties Group will complete the Palazzo Versace Hotel and the D1 Residential Tower in 2014.
Low-cost carrier charts new commercial flight path with launch of premium services today.
The first half of the year saw Dubai’s residential market sustain positive growth across both the rental and sales sectors.
Gulf Business brings you all the news from the region’s biggest property event.
Four buildings provide guests with more spacious accommodation and a spa.
Abu Dhabi carrier will compete with Emirates for origin and destination and transfer traffic
The Kingdom’s banks are benefiting from a robust economic backdrop.
The used car market in the UAE is a $2 billion business and is growing by 15 per cent year on year, says Saygin Yalcin.
Nakheel World, part of Dubai World and separate to Nakheel, will repay the money to Saudi-owned Al Falak International.
Egypt’s cabinet has flagged a 120 billion Egyptian pound investment programme for this fiscal year.
The massive mixed-use project, called Al Habtoor City, will include three hotels and three residential blocks.
Eleven penthouses, including two VIP penthouses on levels 72 to 74, will offer the height of luxury living at the newly announced Al Habtoor City.
‘The Lagoons’ will have a central business district, an entrepreneurial zone and retail units.