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UAE-based Depa has paid its first dividend since 2010 after recording a 343% year-on-year net
Update: Emaar to offer 20% stake in real estate subsidiary
Emaar Properties is preparing to offer 20% of shares in its real estate arm, Emaar
Binaa Dubai buys 90% stake in UAE-headquartered ALEC
Binaa Dubai has purchased a 90% stake in ALEC, according to the firm that acted
Grohe acquires Mesma Holdings’ stake in Grome JV
German sanitary fittings manufacturer, Grohe, has taken full ownership of Grome Marketing, its 50:50 joint
Damac’s Q1 2017 net profit sees 16% year-on-year dip
Damac Properties achieved a net profit of $240m in Q1 2017, approximately 16% lower than
Kuwait’s Al Mazaya records $6.3m profit in Q1 2017
Kuwait’s Al Mazaya Holding recorded a net profit of $6.3m (KWD1.9m) in Q1 2017, an
Dar Al-Arkan lists $500m sukuk on Nasdaq Dubai
Saudi Arabia-based developer Dar Al-Arkan has listed a $500m sukuk on Nasdaq Dubai, taking its
Emaar Malls shares dip amid Souq.com bidding
Emaar Malls shares fell 0.78% on the Dubai Financial Market yesterday to close at $0.69

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Construction Week - Issue 753
Nov 09, 2019