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L’azurde to double number of shops by 2018
(Arab News - 30/06/2016)

Saudi Arabia’s L’azurde Company for Jewellery, which surged on its trading debut in Riyadh on Wednesday, plans to almost double the number of its branches in the Middle East and North Africa by 2018. CEO Selim Chidiac said that market conditions in Saudi

L’azurde listed on Tadawul
(Saudi Gazette - 30/06/2016)

Investcorp, a global provider and manager of alternative investment products, on Wednesday announced the successful listing of its Gulf Opportunity Fund I portfolio company L’azurde Company for Jewellery on the Saudi Stock Exchange. L’azurde is the first

Aldar sees success for UAE community project
(Trade Arabia - 29/06/2016)

Aldar Properties, a leading real estate developer in Abu Dhabi, UAE, said that with over 70 per cent of its 100 retail units occupied and operational, Al Falah is emerging as a major community destination, and one of the most sought-after national

Emaar awards Dh1bn contract for Phase 2 of Mira townhouses in Dubai
(Emirates 24|7 - 28/06/2016)

Dubai-based master developer Emaar Properties has awarded a Dh1 billion contract for building almost 1,400 townhouses to the Abu Dhabi-based Trojan General Contracting (TGC), the latter said in a media statement today. The contract covers the

DAMAC bags 25 contracts worth AED3 billion in first half of 2016
(Saudi Gazette - 28/06/2016)

DAMAC Properties announced Sunday that it awarded 25 construction and consultancy contracts worth AED3 billion in the first half of 2016. Contract awarded include the main packages for more than 2,678 villas within its luxury lifestyle community; AKOYA

Dubai’s Damac awards Dh3bn of contracts in first half of 2016
(The National - 27/06/2016)

The Dubai developer Damac Properties said yesterday it has awarded 25 construction and consultancy contracts worth Dh3 billion in the past six months. Damac said the contracts awarded include the construction of 2,678 villas in its Akoya Oxygen

Aldar to sell luxury villas on Yas Island
(Khaleej Times - 16/06/2016)

Aldar Properties has sold out the first phase of 267 units at Yas Acres, generating Dh1 billion in sales. As a result of this strong demand for villas on Yas Island, the second phase of units within Yas Acres will now be released for sale. Public sales

Aldar Properties unveils new e-procurement portal
(Khaleej Times - 12/06/2016)

Aldar Properties, Abu Dhabi's leading listed property development, investment and management company, announced the launch of a new online e-procurement portal - BravoAdvantage - in partnership with Tejari, a strategic procurement company. The platform

Dar Al Arkan in key Saudi housing project talks
(Trade Arabia - 08/06/2016)

Dar Al Arkan Real Estate Development Company, one of Saudi Arabia's top property developers, said on Tuesday it was in talks with the government to provide housing units under the kingdom's economic reform plan. The plan, announced on Monday, says the

Dubai’s Emaar Properties said hiring advisers for dollar bond
(Gulfnews - 08/06/2016)

Emaar Properties PJSC, the developer of the world’s tallest tower in Dubai, is considering an international bond issue in the second half of the year, according to three people familiar with the matter. The real estate company is appointing advisers for

Union Properties signs Dhs290m financing facility
(The Gulf Today - 06/06/2016)

Union Properties signed a Dhs290 million project finance facility for the construction of Oia Residence in Ajman Bank and National Bank of Ras Al Khaimah (Rakbank) acted as joint lead managers and provided Dhs290 million Project Financing Facility. Alpen

75% of Aldar’s waterfront development sold out
(Gulfnews - 02/06/2016)

Aldar Properties, the Abu Dhabi-based real estate developer, announced that it has sold over 75 per cent of its golf and waterfront development, Mayan. The first phase of Mayan consists of five buildings with a development value of Dh980 million and 512