Tuesday, June 18, 2019

Alwaleed’s Kingdom Backs Uber Merger Talks With Dubai Rival

Kingdom Holding Co., one of Careem Networks FZ’s biggest backers, supports a potential merger between the Middle East ride-hailing firm and Uber Technologies Inc.,...
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Damac May Invest Up to $1.3 Billion in London Properties

Dubai’s Damac Properties PJSC plans to take advantage of the weak pound to invest as much as 1 billion pounds ($1.3 billion) in London’s...
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Oman’s residential plot allotments rise by 18.5%

The Ministry of Housing allotted a total of 36,733 residential plots across the country till the end of December 2018, which is an increase...
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Dubai Investments signs contract to build Copthorne Creek Hotel

Dubai Investments PJSC has signed a partnership with Millennium Hotels & Resorts MEA to commence work on the Copthorne Creek Hotel, a 138-room hotel located...
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Emaar’s Talks With Egypt Over New Capital City Project Stall

Talks between Egyptian officials and the Dubai-based Emaar Properties PJSC to develop a 1,500 acre (607 hectares) plot in the new administrative capital have...
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Lamborghini-branded Dubai development by Oriental Pearls

Oriental Pearls and Tonino Lamborghini Sign Multi-Million Dollar Deal to customise upcoming Royal Pearls Real Estate Project.  Chinese developer Oriental Pearls has released the first...
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Singapore Millennials Stuck With the Folks as Home Prices Spiral

Being a millennial in Singapore and looking for a home to call your own is tough. Almost 70 percent of Singaporeans aged between 21 and...
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Pick the right asset

Sudhakar Reddy, CEO of Al Habib & Co. speaks about the latest trends, investment opportunities and challenges in Oman’s real estate sector. Excerpts from...
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Luxury Residential Project in Bahrain by Roberto Cavalli

Bin Faqeeh Real Estate Investment Company has signed a partnership agreement with Italian luxury fashion house Roberto Cavalli. Bin Faqeeh Real Estate Investment Company has partnered with luxury Italian...
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Saudi Contractor Said to Have Defaulted on $2 Billion of Debt

One of Saudi Arabia’s major contractors defaulted on almost $2 billion after a falling out among its owners and delays in payments from the...
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