Tag: dubai

Dubai’s DAMAC triples profit as property sales surge

Reuters - Dubai luxury real estate developer DAMAC tripled its 2013 net…

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Arabtec denies plans to acquire Kuwait’s Kharafi National

Reuters - Dubai builder Arabtec on Wednesday denied that it planned to…

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Dubai’s Arabtec in talks to buy Kuwaiti firm

Reuters - Arabtec Holding, Dubai’s largest listed construction firm, is in the…

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MidEast Stocks: Egypt crosses key level as financials rise; Gulf markets mixed

Reuters – Egypt’s bourse surged on Sunday to a new 65-month high…

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Egypt Hits 5-year high on Election Law talk; Q4 reports hurt Dubai

Reuters - Egypt’s bourse surged to a five-year high after a local…

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Dubai’s Emaar Q4 net profit up 48%, beats estimates

Reuters – Emaar Properties, Dubai’s largest real estate developer, reported a 48%…

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MidEast Stocks: Egypt hits new 45-month high; Dubai surges

Egypt’s benchmark index rose for a fourth straight session, up 0.4% to…

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JP Morgan cuts banking ties with Dubai’s Emirates NBD

JP Morgan said in a statement that it was “important for us…

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Dubai house prices forecast to reach pre-crisis levels

The fast growth has raised concern about a potential repeat of the…

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Deutsche Bank found in “non-compliance” with Dubai regulator

The material non-compliance was declared by the court which covers the Dubai…

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