All posts tagged "financial results"
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PropertySobha Realty witnesses surge in international investors in Q3
Dubai-based real estate developer, Sobha Realty, announced that it has registered a successful third quarter, and has recorded a significant increase in...
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MachineryVolvo CE posts improved results for third quarter
Volvo CE has announced an overall improvement in third quarter of this year, with sales, orders and machine deliveries all on the...
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PropertyDubai’s Union Properties registers $139m net profit for Q3 2020
Union Properties, a leading real estate development group based in Dubai with a portfolio of diversified subsidiaries, has said that it has...
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ConstructionDubai’s Union Properties to sell 40% stake in Dubai Autodrome for $108.8mn
Union Properties, the Dubai-based property developer, has announced that it has won approval from its board of directors to sell a 40%...
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ConstructionArabtec Holding to file for bankruptcy, claim reports
Arabtec Holding, the largest construction group in the region, will file for bankruptcy following a shareholder vote held during yesterday's general assembly...
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ConsultantKuwait’s Markaz announces sale of key US commercial property
Kuwait Financial Centre (Markaz) has announced the sale of its key commercial property, Longley Commerce Centre in Reno, Nevada, through its US...
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ConsultantMajid Al Futtaim sees revenue drop 3% to $4.70bn in H1 2020
Majid Al Futtaim, the UAE-based shopping mall, communities and retail and leisure developer operating across the Middle East, Africa and Asia, has...
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ConsultantEmaar Properties H1 2020 revenues hit $2.45bn admist ‘volatile market’
Emaar Properties has announced H1 revenues of $2.45 billion and more than $544.4 million in net profit. In a statement, the Dubai-based...
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ConsultantYear ahead will present challenges we have not seen before, says Pinsent Masons ME’s Catherine Workman
The head of Pinsent Masons Middle East says she expects the firm to emerge "better than before" despite the industry facing unprecedented ...
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Volvo CE reports drop in first quarter sales
Volvo CE has reported a 17% fall in net sales for the first quarter of this year, while also recording slides in...
