CBRE continues Middle East strategic development with new country head in KSA

Pedro Ribeiro joins as general manager of CBRE Saudi Arabia and will be based out of Riyadh. CBRE, the global real estate...

Revenue tops $7.9 billion for DP World

The international ports and logistics titan reports year-on-year growth of 60.4%. DP World Limited has announced exceptionally strong financial results for the...

Apollo acquires $400mn stake in Aldar Investment Properties

Move allows Apollo to hold 11.1% of real estate titan and represents latest phase of planned $1.4bn investment. Following completion of a...

Emaar considers selling online fashion brand Namshi

Dubai developer looks set to reverse its 2019 acquisition, after earlier moves to reduce shareholding. In a statement to Dubai Financial Market...

DEWA announces revenues of $1.91bn for Q2 2022

Utilities provider says it posted net profits of $710.59mn for the same period. Dubai Electricity and Water Authority (DEWA) has announced that...

Financial