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Deyaar's Midtown residential project work on track DUBAI, 6 hours, 19 minutes ago Deyaar Development, one of Dubai’s leading property developers and real estate service providers, has announced significant progress in the construction of the third and fourth phases of its Midtown integrated residential development in Dubai Production City. Located in the up-and-coming neighbourhood of Dubai Production City near Sheikh Mohammed Bin Zayed Road, the Midtown development comprises six districts spanning 24 buildings, across a built-up area of almost 5 million sq ft offering a multitude of...
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Dubai: Abu Dhabi and Dubai stocks eked out hefty gains on the first day of the new week, extending their recent rally triggered by a host of upbeat first-quarter results. The markets are expected to sustain the run of gains as companies have last few days left for earnings announcements. Abu Dhabi Securities Exchange shot up 1.1 per cent at 6,218 points in what was its fifth advance in the last six sessions and its biggest single-day leap since the middle of last month. International Holding surged 3.6 per cent adding to its advances after the firm reported unprecedented top- and bottom-line ...
Dubai: Saudi Arabian stocks extended their lacklustre performance in recent sessions weighed down by a number of subpar first-quarter earnings, while Dubai shares ended the day higher mainly as blue-chip property stocks continued to cheer the markets. Saudi Arabia's benchmark index dropped 0.7 per to 10,252 points slipping for a fourth day in the last five sessions as the index underwent pressure from mixed corporate earnings and as a raging pandemic in parts of the world continued to cloud oil demand outlook in the short term. Results paint stocks with red Banking stocks led the losses with...