Coronavirus: Emaar announces salary cuts across its businesses

The Dubai-based developer is also suspending some of its most recent projects. Emaar Properties has cut executive and staff salaries across its...

Eltizam one of first companies in region to adopt next-gen ERP SAP tech

The implementation of its new intelligent ERP system SAP S/4HANA will transform and streamline the Eltizam’s core back-end ops. Eltizam Asset Management...

Amlak reports 14.5% rise in income for 2019

Saudi real estate lender reports all-round growth in revenue, earnings before tax and portfolio . Amlak International, the Saudi non-banking real estate...

Seven Tides says flagship development on track for Q4 2020 handover

Development is now branded Seven Palm, with both component projects rebranded to Seven Palm Hotel Apartments and ‘Seven Palm Residences. Developer Seven...

Coronavirus: Emaar Properties donates $27.2mn to fund designed to fight COVID-19

Developer says it was among the first to take steps to support authorities’ measures in the drive to contain COVID-19. Emaar Properties...

Saudi’s Ministry of Housing launches two new residential projects comprising 8,083 units

Projects are part of the Sakani programme, which aims to increase the percentage of residential ownership by Saudis. Saudi Arabia’s Ministry of...

Limitless looking to appoint legal and financial advisers for financial restructuring plan

Reuters reports Limitless looking to appoint legal and financial advisers for financial restructuring plan. Limitless, the Dubai-based property developer, has told creditors...

Coronovirus: Lootah CEO urges property industry to think long-term to combat the disease

Saleh Abdullah Lootah outlines short-term and long-term solutions real-estate developers could observe to combat the novel coronavirus. Real Estate developer - Lootah...

Coronavirus: Will Covid-19 have the same effect on real estate markets as previous pandemics?

Cavendish Maxwell's Julian Roche argues real estate development can emerge a winner after COVID-19 crisis. Plagues have marked human history, from the...

Egypt Housing Ministry completes construction of 127,600 social housing units

Housing units are being constructed in three new cities across the country. Egypt has announced that a total of 127,600 social housing...

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