All posts tagged "Dubai Financial Market"
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ConstructionDubai’s Damac awards $55m contract for Merano Tower works
Developer Damac Properties says it has awarded a contract worth around AED 200 million ($55m) for the main works at Merano Tower...
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ConstructionDubai’s Arabtec gains approval for recapitalisation
The Dubai builder Arabtec says it has gained approval in principle for a recapitalisation programme it announced earlier this month. The approval...
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PropertyDubai’s Damac sees Q4 profit edge up 1.3%
The Dubai developer Damac saw profit rise by 1.3% in the last quarter of 2016, as the property market in the emirate...
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Construction
Dubai’s Arabtec to hold second board meeting of 2017
The Dubai-listed contractor Arabtec has said it will conduct its second board meeting of 2017, in which it will review its 2016...
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ConstructionDubai’s Arabtec adopts ‘risk management plan’
The Dubai-listed contractor Arabtec has approved a new risk-management plan, according to a statement to the bourse. A board meeting approved a...
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PropertyDubai’s Damac Properties Q3 profit slips 11.7%
Damac Properties has reported a 11.7% fall in third-quarter net profit, according to a statement to the Dubai market, on which the...
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PropertyDubai’s Damac unveils $326k villas at Akoya
Damac Properties has announced the latest launch at its Akoya developments, with a series of three-bedroom villas priced at AED 1.2 million...
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PropertyDubai’s Emaar expects 20% costs reduction
The Dubai-listed developer Emaar Properties forecasts a 20% reduction in costs next year, according to press reports. That is the expectation of...
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PropertyDubai’s Deyaar Development reports 22.5% rise in Q3 profit
The Dubai Financial Market-listed Deyaar Development has reported a 22.5% increase in revenues for the third quarter. Deyaar made AED56.5 million ($15.4m)...
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ConstructionDamac hands over first Dubai South units
Damac has started handing over units in a building in the Dubai South district, which it says marks the first project to...
