Al Husn Properties waives rent for 500 families in Dubai and Sharjah

Company’s general manager says initiative aims to encourage other property owners to have a humanitarian approach to tenants. Al Husn Properties has...

Coronavirus: Imdaad announces new disinfection tunnel in response to COVID-19

Firm provides integrated, sustainable facilities management services that enhance the operational efficiencies of physical assets. Imdaad has launched a new disinfection tunnel...

Coronavirus: wasl properties announces distribution of food boxes and sterilisers to tenants in Dubai

Efforts are in line with initiatives rolled out by UAE government to combat global COVID-19 outbreak. wasl properties, the UAE-based real estate...

Coronavirus: Savills pledges to support education sector in the GCC amid COVID-19 concerns

Real estate advisor promises complimentary health-check for schools, colleges, nurseries and universities. Real estate advisor Savills has announced that it will provide...

Mabanee Company to issue dividends totaling $46.7mn

Mabanee Company, plans to distribute cash dividends worth $46.7m for the fiscal year (FY) 2019, representing 14% of the share’s nominal value....

Coronavirus: Bahrain to suspend collection of rents and allowances from tenants of municipal properties for three months

Initiative to begin from April 2020 and follows the directives of HRH Prince Khalifa bin Salman Al Khalifa, Prime Minister of Bahrain....

Azizi Developments to deliver accelerated Aura project in JAFZA by Q2 2020

Developer is accelerating work on 479-unit residential development. Azizi Developments, the Dubai-based private developer, has announced that it has accelerated work on...

Coronavirus: Emaar announces salary cuts across its businesses

The Dubai-based developer is also suspending some of its most recent projects. Emaar Properties has cut executive and staff salaries across its...

Eltizam one of first companies in region to adopt next-gen ERP SAP tech

The implementation of its new intelligent ERP system SAP S/4HANA will transform and streamline the Eltizam’s core back-end ops. Eltizam Asset Management...

Amlak reports 14.5% rise in income for 2019

Saudi real estate lender reports all-round growth in revenue, earnings before tax and portfolio . Amlak International, the Saudi non-banking real estate...