JLL: Riyadh property prices decline, rents pick up in Q2

New mortgage regulations in Saudi Arabia continue to negatively impact the sales market, consultancy says. Riyadh apartment prices fell by 1% and villa...

Two Emaar Misr execs resign after disappointing Egypt IPO

Walid El-Hindi and Ahmed Fathallah have left the Dubai property firm’s Egyptian subsidiary. Two senior executives at Egypt’s Emaar Misr have resigned,...

Site visit: The Onyx, Dubai

Mixed-use development is set to be jewel in the crown for Saudi developer Ishraqah. Dubai’s Sheikh Zayed Road has long been home...

The case for building a UAE construction law

Why the industry needs to be governed by specific legislation. The revelation that construction disputes in the Middle East saw an 88% rise...

Habib Al Mulla on why UAE construction law needs an overhaul

An in-depth chat with one of the Middle East’s foremost legal experts. In 2014, disputes relating to major Middle East construction projects...

Dubai’s Emaar Properties reports 16% rise in profits

Boost comes on back of higher international sales, growth of malls and hospitality business. The Dubai-listed developer Emaar Properties reported a net profit...

Bahrain’s $650m Villamar project back on track after major delays

The mixed-use development was initially scheduled to complete in 2010. Gulf Holding Company (GHC), the developers of the long-delayed $650 million Villamar...