News Archive
Real Estate Sector News
2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC
<1>
Aldar to add to Abu Dhabi properties (The National - 30/08/2012)

Aldar Properties is set to deliver more than 3.5 million square metres of properties to the Abu Dhabi market over the next 18 months. In a report published by the developer yesterday, Aldar said it expected to finish work on four major projects before
Arabtec loses appeal for analysts on price (The National - 29/08/2012)

Arabtec Holding's prospects may be bright but the UAE's biggest builder is rapidly losing favour with analysts. The construction firm based in Dubai surprised the market with a loss of Dh11.6 million during the second quarter, which it attributed to the
Deyaar Q2 profit up 3%, reduces costs (Khaleej Times - 16/08/2012)

Deyaar Development posted a three per cent increase in second-quarter profit as it cut costs. Net income rose to Dh18.63 million ($5 million) from Dh18.09 million a year earlier, the company said in a statement to the Dubai stock market on Wednesday.
Drake & Scull posts Dh1.5b revenues on steady orders (Khaleej Times - 16/08/2012)

Drake & Scull International, or DSI, a construction giant, on Wednesday posted Dh1.494 billion in revenues and Dh75 million in net profits in 2012 first half, and said company is well on track in achieving its growth objectives for the year. DSI said the
URC announces H1 2012 KD 16.4 million net profit (Al Watan - 13/08/2012)

United Real Estate Company (URC), the leading real estate developer in the Middle East, recorded a net profit of KD 16.4 million in the first six months of 2012, an increase of 223 percent from 2011 mid-year net profit announcement. This was mentioned in
United Real Estate Co. announces 1st Half 2012 net profit of KD16.4m (AME Info - 11/08/2012)

United Real Estate Company (URC), the leading real estate developer in the Middle East, recorded a net profit of KD16.4m in the first six months of 2012, an increase of 223% from 2011 mid-year net profit announcement. Commenting on this announcement,
Saudi firm Jabal Omar set to build 10 hotels in 2013 (Bloomberg - 10/08/2012)

Jabal Omar Development plans to open 10 hotel towers in the holy city in Makkah next year to accommodate Islamic pilgrims, the Saudi Arabian company’s executive general director said. Jabal Omar is developing 2.2 million sqm (24 million sqft) of land
Jabal Omar to build 10 new hotels in Makkah (Saudi Gazette - 09/08/2012)

Jabal Omar Development Company plans to open 10 hotels in the holy city of Makkah, its executive general director Sameer Al Quraishi said. Jabal Omar is investing $3.2 billion to develop the 2.2 million square meters (24 million square feet) of land near
Ezdan plans buys off Tadawul, sale of unit (Gulf Times - 09/08/2012)

Ezdan Real Estate, a large cap entity on the Qatar Exchange, yesterday said it intends to purchase properties and single proprietor companies from Tadawul Holding. Moreover, Ezdan, which is seeking funds from banks for the purchase, is also planning to
Aldar’s Q2 profit rockets 228% (Khaleej Times - 09/08/2012)

Abu Dhabi’s biggest real estate developer, Aldar Properties, made a net profit of Dh417.9 million in the second quarter of the year — a 228 per cent growth — on strong revenues due to the handover of its properties. The revenue of the realty developer
Arabtec profit up 30% (Khaleej Times - 09/08/2012)

The UAE’s biggest construction group Arabtec Holding on Wednesday declared more than 30 per cent increase in its net profit for the first six months of 2012, compared to same period last year. The Dubai builder made a net profit of Dh72.5 million in the
Drake & Scull seen as value in strong sector (The National - 02/08/2012)

Property and construction companies had a good run this month with investors buying up shares in anticipation of strong second-quarter earnings. The optimism has been fuelled by an improvement in Dubai's tourism and retail sectors, in addition to a
Red Sea Housing embarks on SR 2 billion expansion plan (Arab News - 02/08/2012)

Red Sea Housing Services Company has announced the appointment of Amr Abdullah Al-Dabbagh as chairman of its board for the remaining period of the current cycle. As per the board resolution on Monday, the resignation of Mohammed Tariq Abbadi was
Sorouh builds property optimism (The National - 01/08/2012)

Sorouh Real Estate, one of Abu Dhabi's biggest developers, yesterday joined its Dubai peers by recording a big increase in profits as the property market recovers. The developer behind Reem Island's Sun and Sky Towers posted a 29 per cent rise in net
Ezdan reports 91% surge in H1 gains (Gulf Times - 01/08/2012)

Robust gains from sale of property investments helped Ezdan Real Estate report a 91% surge in its first half net profit to QR198.04mn. Rental revenues, otherwise, fell 13% to QR228.55mn and other operating revenues by 48% to QR6.22mn, according to its
Sorouh’s Q2 profits soar 33% (Khaleej Times - 01/08/2012)

Sorouh Real Estate on Tuesday said its consolidated net profit surged 33 per cent in the second quarter to Dh166.6 million on sustainable incomes. Abu Dhabi’s second biggest property developer linked the higher profitability to continued strengthening of
<1>
Research Reports
Saudi Arabian Mining Co. -Equity Report -18-06-2013 GCC Stock Markets - Daily Bank Al Bilad -Equity Report -18-06-2013 The Saudi Investment Bank -Equity Report -18-06-2013 Daily Market Review - Saudi Stock Exchange more..
Most Viewed News
Most Viewed Companies
Ticker Price Volume
RIBL 24.6 395,609
ALKHODARI 31.3 686,730
EMAAR 5.68 11,274,929
WATANIYA 98.75 555,761
NBAD 12.35 312,628
SAGRINSURANCE 24.15 1,496,002
BAHRI 19.55 862,939
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Are you satisfied with your full-service broker?