Author: Property News
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Wyndham Continues Expansion in Qatar with Beachfront Property in Doha
17 August 2022 – Wyndham Hotels & Resorts, which features approximately 9,000 hotels across nearly 95 countries, continues to strengthen its presence across the Middle East with the opening of the 278-key Wyndham Grand Doha West Bay Beach in Doha, Qatar. The managed hotel opens in collaboration with leading regional hospitality development entity, Hala Real…
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Ellington Properties and Sol Properties launch Oakley Square Residences in JVC
Dubai, UAE; August 17, 2022: Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, and Sol Properties, the real estate development arm of Bhatia Group, have launched a joint venture residential project, Oakley Square Residences, in Jumeirah Village Circle (JVC), under the Ellington Brand. The launch follows the recent partnership announcement between Ellington Properties and Sol…
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Nakheel challenges staff to take 100 Million Steps
Dubai, 16 August 2022: Master developer Nakheel is prioritising staff health and taking fitness indoors to escape the heat, with the Nakheel 100 Million Steps Challenge. In partnership with fitness app STEPPI, staff will aim to take a total of 100 million steps, from 1 August until 31 October, through mini office challenges, indoor group…
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Fakhruddin Properties ‘Maimoon Gardens’ set to Redefine Sustainability
Dubai, United Arab Emirates, August 2022: Leading developer, Fakhruddin Properties, is gearing up to announce the launch of their latest residential project Maimoon Gardens with sustainability being the core focus while making a comeback into the Dubai Real estate market. With a promise of cleanest air in Dubai for its homeowners. Using a NASA based…
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Husqvarna Construction partners with AABTools
Dubai, United Arab Emirates, August 16, 2022 – Husqvarna Construction, part of Husqvarna Group, that offers extensive, innovative and powerful range of machinery and tools for the construction industry professionals, has signed a strategic agreement with AABTools, a leading supplier of industrial tools and equipment in the region. AABTools will act as an authorized distributor…
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Chimera has successfully acquired a 55.9% stake in Beltone Financial Holding
Deal is in line with Chimera’s plans to grow its regional presence and expand its MENA footprint H.E. Dalia Khorshid appointed as new CEO of Beltone Abu Dhabi, August 2022 Chimera Investment LLC (“Chimera”), a leading Abu Dhabi-based private investment firm managing a diversified portfolio of local and international investments, announced the acquisition of a…
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Ellington Properties partners with Sol Properties to develop new residential project in JVC
Dubai, UAE; August, 2022: Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, has partnered with Sol Properties, the real estate development arm of Bhatia Group, to jointly develop a new residential project in Jumeirah Village Circle (JVC), under the Ellington brand. The jointly developed project will span four residential floors in addition to the ground…
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SHUAA Capital reports financial results for Q2 2022
Second quarter net operating income of AED 6 million compared to AED 24 million in Q1 2022 mainly due to lower trading revenues Net loss attributable to shareholders of AED 170 million in Q2 2022 compared to net income of AED 6 million in Q1 2022 Non-cash charges (mark-to-market of managed funds, provisions, and accelerated…
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SmartCrowd Secures CMA License To Expand Into Saudi Arabia
Property News: Holdings, a regional pioneer in fractional real estate investments, has been granted a FinTech experimental license by the Saudi Capital Markets Authority (CMA). SmartCrowd is currently working on completing business requirements for the upcoming launch of its Real Estate Funds Distribution Platform, making alternative assets accessible to the general public within Saudi Arabia soon. Saudi…
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A Triumph in Sustainability Amidst Unprecedented Times 
Property News: Malaysia’s participation in the Expo 2020 Dubai marks a new beginning for the country following the COVID-19 pandemic, which disrupted global operations. Being a part of the team that tackled this massive endeavour was both humbling and eye-opening. Despite the initial setbacks, including due to the pandemic, the Malaysia Pavilion was an incredible…
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