Preatoni Real Estate has announced the completion of the Dubai Star project, four years after its initial developer abandoned the multi-million project following the 2009-2010 economic crisis that befell the region.

The 45-storey skyscraper, which is located at the upmarket JLT cluster L has now been renamed Preatoni Tower. It boasts some 554 units covering a total of 600,000 sq/ft of prime residential and commercial space.

After"...

Doha: The number of new building permits issued in Qatar in October 2018 increased by 8.2 percent compared to previous month, indicating that the construction sector continues to grow.

A total of 795 new building permit certificates were issued in October, according to the 58th issue of the monthly Statistics of Building Permits and Building Completion certificates released by the Ministry of Development Planning and Statistics. Some 735 building"...

Doha: Ezdan Real Estate, subsidiary of Ezdan Holding Group, announced yesterday that it has completed the development and renovation works at Ezdan Village 28 in Al Wukair which comprises 606 housing units, and fully furnished units in the property are available for rent which starts from QR3,300.

The renovation work was part of ‘Ezdan Real Estate Development and Renovation Program’ launched two years earlier. The village features a"...

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on a senior secured loan opportunity in the United States, as part of the recent strategy focusing on investments into debt structures. This third investment under the Real Estate Debt Platform has fixed monthly interest payments to investors during the holding period, and has been structured in a Sharia-compliant manner. There are also two amortization"...

Doha
Mazaya Real Estate Development Company on Sunday announced that it will study a merger deal with Al Bandari Real Estate Company, one of the leading real estate companies in Qatar. If the deal is successful, it will create a new entity that will be one of the largest players in the Qatari Real Estate sector.
In a statement to the Qatar Stock Exchange (QSE), Mazaya’s board of directors have agreed to start this study and issued directives to appoint legal and financial advisors to start feasibility studies"...

To celebrate its growing family of over 2,000 employees, DAMAC Properties has recently launched the ‘DAMAC Long Service Awards’. The first edition of the awards ceremony, which was held last week at the Trump International Golf Course, recognised team members who have been instrumental in DAMAC’s success story.

“I am humbled to be part of this celebration in the honour of my colleagues, some of whom have been with us for over"...

Doha: The Ministry of Municipality and Environment (MME) represented by the Information Systems Department has launched a new service of electronic registration and attestation of lease contracts.

The online service can be availed through Ministry’s website, www.mme.gov.qa. “New service comes within the framework of the Ministry’s continuous efforts for upgrading its electronic services and making them more accessible to the public,”"...