Tag: UAE
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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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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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Personal AI is on the Way of Revolutionizing the Residential Real Estate Market
Dubai, Aug 2022, Property News: In the last decade the MENA region has proved to be one of the world’s most lucrative fields for the deployment of AI technologies. Realiste, a leading AI developer in the real estate market has finally launched in the Middle East, changing the real-estate and housing landscape using the latest…
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BMW Group celebrated its corporate headquarters as a world-famous architectural icon
Munich, Property News: Between 1970 and 1972, a timeless icon with global appeal was created in Munich in just 26 months, with 500 builders, 200 architect plus engineers and draughtsmen from 12 nations clocking up 3.5 million working hours during the construction. Over 3,000 facade elements were manufactured for the first time in Europe using…
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Nobles appoints Dar Al Omran to design AlShahd 3 gated community
Property News, Amman: Nobles Properties awarded Dar al Omran its latest tender to design and supervise the infrastructure work for its recently launched AlShahd 3 development. Wael Qassem, Managing Director of Nobles Jordan, signed the agreement with Dar Al Omran’s Managing Director, Hani Nazzal. Nobles directed the engineering consultant to provide infrastructure and engineering solutions…
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Sharjah Sustainable City Honoured with Real Estate Excellence Award for 2nd Consecutive Year by Sharjah’s Real Estate Registration Department
Sharjah, UAE, Property News – Sharjah Sustainable City, a fully sustainable residential community developed by Sharjah Investment and Development Authority (Shurooq) in partnership with Diamond Developers, has received the Real Estate Excellence Award for the year 2022 from the Sharjah Real Estate Registration Directorate (SRERD).The Real Estate Excellence Award is an initiative by the Government…
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DANUBE HOME –DUBAI’S LEADING HOME RETAILER -Partners with Masah Specialized Construction Co.
Danube Home enters the Saudi Arabia market through a Joint-Venture alongside a local partner. Dubai, Property News: Danube Home, the one stop solution for all home improvement needs, based in UAE under the Danube Group has entered into a strategic partnership with the Masah Specialized Construction Co, a leading company in Saudi Arabia’s construction sector. …
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Markaz real estate outlook reports for KSA and UAE forecast sector acceleration in H2 2022
Kuwait, Property News July 17, 2022: Kuwait Financial Centre “Markaz” Buoyed by strong macroeconomic fundamentals, the real estate sector in GCC economies is on a solid trajectory to witness acceleration in the second half of the year, according to the ‘Real Estate H2 2022 Outlook’ reports for the UAE and Saudi Arabia issued recently by…
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