AS&H and Clifford Chance advise on PIF capital increase in EEC

Saudi state-owned Public Investment Fund (PIF) now the largest shareholder in KAEC developer Emaar The Economic City (EEC). Abuhimed Alsheikh Alhagbani Law...

Construction contractor awards to reach $24bn in UAE this year – report

Post-Covid growth on government spending and foreign investment fuels rebound, says Ventures ONSITE report . An estimated $24.7bn worth of construction contracts...

You can now buy Dubai’s most expensive penthouse

Metropolitan Premium Properties says $49mn, 25,000sqft penthouse property is located at Atlantis The Royal Resort & Residences . Metropolitan Premium Properties, a...

SHUAA Capital targets delivery of £2bn worth of property developments in London before mid-2022

Subsidiary Northacre's prime projects in central London are No.1 Palace Street and The Broadway . DFM-listed asset management firm SHUAA Capital has...

Tikehau Capital submits binding offer for 42% stake in Egis

Alternative asset management group will hold 40% to 44% of French construction specialist’s capital through its T2 Energy Transition Fund. Caisse des...

UAQ issues new resolution on foreign freehold real estate ownership

Resolution Number 4 of 2021 will grant foreigners, limited liability companies partly owned by foreigners, free zone companies and offshore companies, will...