NEWS & EVENTS >>

• Burj Dubai opening delayed Monday, July 13, 2009, 9:01:00 AM Dubai-based Emaar Properties has confirmed that the opening of the Burj Dubai has been delayed until December. [AMEinfo.com] • Nakheel revises terms of $750m sukuk Monday, July 13, 2009, 12:02:00 AM Dubai property developer Nakheel said on Monday it is revising the redemption terms for its $750 million sukuk which matures in 2011, as concerns over how it will repay its debt weigh on the market. [Arabianbusiness.com] • Islamic finance sector too reliant on real estate - report Monday, July 13, 2009, 12:01:00 AM Islamic investment banks are too dependent upon real estate for their investment activity and they need to diversify into other asset classes, according to a report published on Monday. [Arabianbusiness.com] • Nakheel hits back at ACI Waterfront claims Monday, July 13, 2009, 12:00:00 AM Master developer Nakheel on Monday hit back at claims made by Dubai property group ACI Real Estate - and insisted its Waterfront mega-project was going ahead. [Arabianbusiness.com] • UAE property firms Q2 hit by low sales Sunday, July 12, 2009, 4:09:00 PM Property firms in the United Arab Emirates are poised to report weaker second-quarter profits on lower revenues from land and property sales, as the real estate sector continues to suffer in the global financial crisis. [Maktoob.com] • Marbella Bay piling completed Sunday, July 12, 2009, 2:22:00 PM Manazil Real Estate has announced that the piling works, load tests, foundations and basement of Marbella Bay have been completed. [AMEinfo.com] • Burj Dubai hit by three-month delay Sunday, July 12, 2009, 1:03:00 PM The Burj Dubai has been delayed by a further three months and will now not open until December, UAE daily the National reported on Sunday, citing two contractors involved in the project. [Maktoob.com] • Deyaar profit sinks 70 pct in Q2 Sunday, July 12, 2009, 11:29:00 AM Dubai developer Deyaar's second-quarter net profit fell 69.5 percent from the year-earlier period, it said on Sunday, as sales slid in the emirates crumbling property market. [Maktoob.com] • UAE property firms' Q2's seen hit by lower sales Sunday, July 12, 2009, 12:03:00 AM Property firms in the UAE are poised to report weaker second-quarter profits on lower revenues from land and property sales, as the real estate sector continues to suffer in the global financial crisis. [Arabianbusiness.com] • Deyaar's Q2 year on year net profit falls 69% Sunday, July 12, 2009, 12:02:00 AM Deyaar Development on Sunday announced that its net profit for the second quarter of 2009 was AED75.4 m ($20.5m), a 38 percent rise over Q1, but a 69 percent drop on the same period of 2008. [Arabianbusiness.com] • EXCLUSIVE: 'No chance I will do a hit and run' – ACI boss Sunday, July 12, 2009, 12:01:00 AM ACI Real Estate chief Robin Lohmann has vowed there is “no chance I will do a hit and run,” following allegations over investors’ cash. [Arabianbusiness.com] • Ajman regulator hands Aqaar master developer role Sunday, July 12, 2009, 12:00:00 AM Real estate and property development company Aqaar has received a master developer licence from the Ajman Real Estate Regulatory Authority (ARRA). [Arabianbusiness.com] • Aqaar gets Ajman licence Saturday, July 11, 2009, 11:06:00 AM Property developer Aqaar LLC has been awarded the master developer licence by Ajman Real Estate Regulatory Agency. [AMEinfo.com] • Dubai property sales dive in first 6 months Friday, July 10, 2009, 11:07:00 AM Property sales in Dubai fell more than 40 percent in the first half of 2009 compared to the year-ago period, UAE daily the National reported. [Maktoob.com] Next Page > 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26