Company Insights Emaar Properties Real Estate Emaar Properties News Real Estate UAE real estate companies rebound after market turmoil Real estate companies bore the brunt of Monday’s stock sell-off in the GCC, although prices showed significant signs of recovery on Tuesday. Dubai Financial Market closed on Monday down 4.5 percent, while Saudi Arabia’s Tadawul exchange was down 2.1 percent. Kuwait’s bourse was showing a negative of 2.13 percent on a day when $6.4 trillion […] August 7, 2024 Construction Dubai to add 20,000 new housing units in H2 2024 As many as 20,000 residential units are expected to be delivered in Dubai in the second half of 2024. Almost 6,600 units were completed in the emirate between January and June this year, bringing the total number of units to 736,000, the UAE state-run Wam news agency reported. Dubai reported more than 12 new project […] August 4, 2024 Construction Eagle Hills gets claws into Indonesia Eagle Hills, the Abu Dhabi developer, looks set to add Indonesia to its burgeoning worldwide portfolio. A tentative agreement was signed on Wednesday with the Indonesian government to develop $3 billion worth of tourism assets in the Southeast Asian archipelago. The deal has a validity of one year only, with the possibility of renewal, and […] July 17, 2024 Construction Emaar restores 4,500 homes for free after April floods Emaar Properties, Dubai’s largest developer, has repaired more than 4,500 homes up to the end of June following the orders of the emirate’s Crown Prince to restore communities devastated by the April floods. The repairs were done free of cost to owners, the developer said in a statement. No other details were given on the […] July 12, 2024 Sustainability Forests in the desert: more than just a pipe dream Planting trees in the sand has been done before and can be done again, but when water is so scarce it is a remarkable challenge, says Valentina Pasquali July 8, 2024 Analysis Retail Does Dubai need more malls? The people say yes In a city that already has more than 60 million square feet of leasable retail space, one of the highest per capita in the shopping-crazy Gulf, it is perhaps surprising to see more malls being built or added to the pipeline. Yet that is exactly what is happening in Dubai, where this week Sobha Realty […] July 4, 2024 Video length: 07:12 Analysis Leisure & Hospitality Hotel franchising model takes off in the Gulf Global hospitality brands are aggressively expanding across the Gulf, stepping up competition and giving disgruntled owners unprecedented freedom to choose how and by whom their hotels should be run. Some hotel owners are opting for franchising agreements and third-party management arrangements. “Operators have become more flexible when offering their brands under a franchise than they […] June 12, 2024 Retail Emaar starts work on $408m Dubai Mall expansion Emaar Properties, Dubai’s largest developer, has commenced work on expanding Dubai Mall at a cost of AED1.5 billion ($408 million). The expansion will include 240 new luxury stores and food and beverage outlets. The contractor is already mobilising on-site, the Dubai-listed developer said in a statement. However, no details were given on when work would […] June 4, 2024 Real Estate Abu Dhabi developer spots opportunity in Latvia Abu Dhabi developer Eagle Hills Properties announced a €3 billion ($3.25 billion) investment in the Latvian capital city of Riga, as the UAE continues its investment drive into Europe. Eagle Hills’ Riga Waterfront, which was unveiled on Thursday, will ultimately encompass 8,000 luxury homes for 30,000 residents on a redeveloped site along 5 kilometres at […] May 23, 2024 Video length: 4:19 VIDEO Leisure & Hospitality GCC hoteliers unfazed by rising costs As global inflationary pressures continue to vex businesses, hospitality chains are faced with a choice: increase room rates or sacrifice profit margins. GCC hoteliers seem to be opting for squeezing profit margins rather than increase room rates, even as geopolitical tensions and supply chain challenges threaten to push up costs. Average daily rates (ADR) in […] May 21, 2024 Posts navigation Previous 1 … 4 5 6 … 14 Next
Real Estate UAE real estate companies rebound after market turmoil Real estate companies bore the brunt of Monday’s stock sell-off in the GCC, although prices showed significant signs of recovery on Tuesday. Dubai Financial Market closed on Monday down 4.5 percent, while Saudi Arabia’s Tadawul exchange was down 2.1 percent. Kuwait’s bourse was showing a negative of 2.13 percent on a day when $6.4 trillion […] August 7, 2024
Construction Dubai to add 20,000 new housing units in H2 2024 As many as 20,000 residential units are expected to be delivered in Dubai in the second half of 2024. Almost 6,600 units were completed in the emirate between January and June this year, bringing the total number of units to 736,000, the UAE state-run Wam news agency reported. Dubai reported more than 12 new project […] August 4, 2024
Construction Eagle Hills gets claws into Indonesia Eagle Hills, the Abu Dhabi developer, looks set to add Indonesia to its burgeoning worldwide portfolio. A tentative agreement was signed on Wednesday with the Indonesian government to develop $3 billion worth of tourism assets in the Southeast Asian archipelago. The deal has a validity of one year only, with the possibility of renewal, and […] July 17, 2024
Construction Emaar restores 4,500 homes for free after April floods Emaar Properties, Dubai’s largest developer, has repaired more than 4,500 homes up to the end of June following the orders of the emirate’s Crown Prince to restore communities devastated by the April floods. The repairs were done free of cost to owners, the developer said in a statement. No other details were given on the […] July 12, 2024
Sustainability Forests in the desert: more than just a pipe dream Planting trees in the sand has been done before and can be done again, but when water is so scarce it is a remarkable challenge, says Valentina Pasquali July 8, 2024
Analysis Retail Does Dubai need more malls? The people say yes In a city that already has more than 60 million square feet of leasable retail space, one of the highest per capita in the shopping-crazy Gulf, it is perhaps surprising to see more malls being built or added to the pipeline. Yet that is exactly what is happening in Dubai, where this week Sobha Realty […] July 4, 2024
Video length: 07:12 Analysis Leisure & Hospitality Hotel franchising model takes off in the Gulf Global hospitality brands are aggressively expanding across the Gulf, stepping up competition and giving disgruntled owners unprecedented freedom to choose how and by whom their hotels should be run. Some hotel owners are opting for franchising agreements and third-party management arrangements. “Operators have become more flexible when offering their brands under a franchise than they […] June 12, 2024
Retail Emaar starts work on $408m Dubai Mall expansion Emaar Properties, Dubai’s largest developer, has commenced work on expanding Dubai Mall at a cost of AED1.5 billion ($408 million). The expansion will include 240 new luxury stores and food and beverage outlets. The contractor is already mobilising on-site, the Dubai-listed developer said in a statement. However, no details were given on when work would […] June 4, 2024
Real Estate Abu Dhabi developer spots opportunity in Latvia Abu Dhabi developer Eagle Hills Properties announced a €3 billion ($3.25 billion) investment in the Latvian capital city of Riga, as the UAE continues its investment drive into Europe. Eagle Hills’ Riga Waterfront, which was unveiled on Thursday, will ultimately encompass 8,000 luxury homes for 30,000 residents on a redeveloped site along 5 kilometres at […] May 23, 2024
Video length: 4:19 VIDEO Leisure & Hospitality GCC hoteliers unfazed by rising costs As global inflationary pressures continue to vex businesses, hospitality chains are faced with a choice: increase room rates or sacrifice profit margins. GCC hoteliers seem to be opting for squeezing profit margins rather than increase room rates, even as geopolitical tensions and supply chain challenges threaten to push up costs. Average daily rates (ADR) in […] May 21, 2024
