Michael Fahy

Amit Jain has worked at Emaar Properties for 11 years and already held the chief executive’s post for Emaar’s Dubai operations.

Arabtec says the Dh1.5 billion raised will help it to finish projects, execute its turnaround plan and target growth opportunities.

Arabtec says the Dh1.5 billion raised will help it to finish projects, execute its turnaround plan and target growth opportunities.

'It will take us two months to formulate a solid plan that [banks] are willing to accept and then we will go to the banks again, like a mini-local roadshow and then close the restructuring.'

Meed's new report says that after a year of uncertainty in 2016, Saudi Arabia will start to deliver on its promises in 2017.

A Colliers report found communities with a mix of three or more different classes of income-generating properties attract higher rents than standard developments within other parts of the city.

Walid Hanna says established firms want to invest more into the emerging asset class.

Bargain hunters alert: This luxury property has recently been reduced in price from Dh35.9 million to Dh31m.

The 1,490-room property will be Emaar Hospitality Group's first Address Hotels & Resorts site in Saudi Arabia.

Qataris located in the UAE are selling property portfolios worth millions of dirhams at steep discounts as they rush to liquidate their assets and leave.