Middle East buyers targeted in London Grosvenor House sale

‘Strong interest’ expected from Arab investors as landmark 5-star hotel goes on market for more than $715 million. Arab investors are being...

Dubai property group offers free flats to Torch fire victims

The First Group to provide 20 apartments as temporary accommodation for those left homeless after blaze. A Dubai-based property group has offered...

Dubai’s Arabtec in bid to save $40bn Egypt deal as shares fall further

The Dubai-listed builder to meet with officials of Egypt’s housing ministry in attempt to revive stalled housing project. Arabtec is set to renegotiate...

Dubai hotels record 11.6m visitors in 2014

Decline in Russian ruble didn’t affect total number of hotel guests, tourism chief says. Hotels in Dubai welcomed about 11.6 million guests...

Dubai Property Show in London receives 6,000+ visitors

Brits invested $2.5 billion in Dubai property market in 2014, according to government figures. The first Dubai Property Show in London, held...

‘Mini Ibiza’ island in UAE to stick to the law as it woos party-goers

Ras Al Khaimah property developer says $4.87 billion party island will seek proper licenses to operate. The developer behind a planned party...

Dubai proposes scheme to force developers to offer affordable housing

Big developers would have to build homes for low-income families under proposal made by city authorities, according to press report. Dubai authorities...

Arabtec shares tumble as $40bn Egypt deal stalls

Dubai-listed builder hit by report claiming it has not met conditions required for massive housing project. Shares in the Dubai-listed builder Arabtec...