All posts tagged "Dubai Financial Market"
-
ConstructionArabtec shares up 8% in Dubai despite 2015 loss
Arabtec shares on Sunday rallied by more than 8%, as investors bet the worst is over after the builder posted a $626m...
-
ConstructionDamac unveils $2bn Aykon City at Dubai Canal
Damac has unveiled details of a $2 billion development overlooking the Dubai Water Canal, with construction on the project due to start...
-
ConstructionDamac pays $343m for Dubai Water Canal land plots
Developer Damac has paid AED 1.26 billion ($343 million) for plots of land close to the Dubai Water Canal, it said in...
-
ConstructionDSI posts $4m Q4 profit despite regional slowdown
Drake and Scull (DSI), the Dubai-based contractor, has announced a substantial jump in its fourth quarter net profit, with revenues rising despite...
-
ConstructionDubai Parks spending hits $1.6bn at end of ‘15
Dubai Parks and Resorts is on track to open in October, with cumulative project expenditure including land amounting to AED5.8 billion ($1.6bn)...
-
PropertyDamac: Short supply to boost Dubai market
A shortage in supply of new homes is set to boost the Dubai property market in 2016, with fewer than 10,000 units...
-
PropertyDubai’s Deyaar reports $79m in net profit for 2015
Deyaar Development has reported a net profit of AED291.4 million ($79m) for 2015, up 3.4% from the previous year. The Dubai-listed developer’s...
-
ConstructionArabtec shares rise 6% on Aldar contract win
Shares in Arabtec on Monday rose by 6% on news that the Dubai-listed builder has won a $544.5 million contract from developer...
-
PropertyDubai fire: Emaar sees ‘no material impact’ on company, hotel insured
Developer Emaar Properties says it expects “no material impact” on its company after the New Year’s Eve fire at The Address Downtown hotel...
-
ConstructionActing CEO quits Dubai-listed Arabtec amid heavy losses
The Acting CEO of the Dubai-listed builder Arabtec has quit, following a string of quarterly losses and management upheavals at the firm.Mohamed...
