News tagged "Real estate"

Alandalus Property's net profit for Q1 remains steady at US$ 5.4 mn

Alandalus Property's net profit for Q1 remains steady at US$ 5.4 mn

10th May 2019

According to *Tradearabia news report, Alandalus Property, a pioneering Saudi real estate company involved in the investment, development and operation of income-generating properties across the country, said its net profit for the first quarter remained steady at SR20.3 million ($5.4 million) compared to SR20.5 million. [..]

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Drees & Sommer to launch Dubai-based innovation hub

Drees & Sommer to launch Dubai-based innovation hub

18th April 2019

According to *MENA Herald news report, international construction and real estate consultancy Drees & Sommer has announced the launch of Dubai-based innovation hub, as it looks to expand its research and development (R&D) efforts across the Middle East.[..]

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DSI to sell stake in Abu Dhabi's Wahat Al Zaweya

DSI to sell stake in Abu Dhabi's Wahat Al Zaweya

11th April 2019

According to *Constructionweekonline news report, Drake & Scull International's (DSI) shareholders have approved a restructuring plan for the loss-making UAE contractor, including the divestment of shares in Wahat Al Zaweya, and potentially even closing down offices and subsidiaries.[..]

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Sobha Realty records US$ 136 mn in sales bookings for Q1

Sobha Realty records US$ 136 mn in sales bookings for Q1

3rd April 2019

According to *Tradearabia news report, Sobha Realty, a leading premium real estate developer, has announced that it had registered a record Dh500 million ($136 million) in sales bookings for the first quarter, up 33 per cent over its estimated target of Dh375 million ($102 million) per quarter.  [..]

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