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Issue No 305 - 13 April 2009
Emaar.EC re-launches KAEC website
Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has re-launched the website of KAEC. more
Saudi board reverses Emaar compensation ruling
Emaar Properties said on Saturday it would appeal a Saudi ruling reversing an earlier judgment in its favor in a lawsuit that had sought $1.2 billion in compensation. more
UAE 'in need of coordinated realty package'
A UAE-based real estate expert has called on industry professionals including government agencies such as Rera to help create a coordinated package of measures to kick-start the UAE property market. more
ADCB in Bawabat Al Sharq finance deal
Baniyas Investment and Development Company (BID) have signed a deal with Abu Dhabi Commercial Bank (ADCB) to provide easy finance schemes for buyers of Bawabat Al Sharq, a mixed-use community development in Abu Dhabi.more
Ezdan Q1 net profit almost doubles
Qatar's Ezdan Real Estate Co's first quarter net profit almost doubled to 98 million Qatari riyals ($26.9 million), it said on Sunday. more
Rakeen starts work on $272m project
Rakeen, a leading property developer and master planner, has announced that it has started super structural works of the Dh1 billion ($272 million) Bab Al Bahr project.more
French team visits Qatar's Al Wa’ab City
The Al Wa’ab City Management recently hosted the Medef delegation from France which was on a visit to its multi-media Customer Relations Centre.more


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