Browsing: Commercial Real Estate

The DMCC free zone in Dubai now contributes 15 per cent of the emirate’s Foreign Direct Investment (FDI) and 7 per cent of its Gross Domestic Product (GDP), according to results from the first half of 2024.

Dubai’s TECOM Group reported a 24 per cent year-on-year increase in net profit for H1 2024, reaching AED 603M. This growth was driven by strong occupancy rates and an effective business strategy, leading to a 9 per cent rise in revenue to AED 1.1B.

Lamar Development’s Sustainable Office Park to Transform Business Bay Driven Properties, Dubai’s renowned real estate…

TECOM Group has disclosed its financial results for the second quarter (Q2) and first half (H1) of the year ending 30th June 2024. The Group’s net profit for H1 increased by 24% to AED 603M, with revenues growing by 9% year-on-year (YoY) to AED 1.1B.

The Bank of London and The Middle East (BLME) reports that Gulf investors plan to…

Central Park Towers, located in Dubai International Financial Centre (DIFC), has announced the launch of its newly furnished office spaces on Level 31, marking a significant expansion in response to the city’s thriving commercial real estate market.

Tecom Group, renowned for developing strategic business districts in Dubai, has approved its ‘Strategic Acquisition and Development Plan’ by the board.

Project Oman, the 3rd International Construction Technology and Building Materials Exhibition is set to return…