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Tuesday, 24 November 2009 00:41 UAE time

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Deyaar Development PJSC

Main Category: Real Estate & Property Development
Country : United Arab Emirates


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59% say Deyaar job cuts just tip of the iceberg

Arabian Business poll reveals widespread pessimism on future UAE job prospects.

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Deyaar says it will restart projects in 2010

CEO adds that 2009 was 'development holiday'; eyes next year for resumption.

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Deyaar axes 20% of its staff in shake-up

UPDATE 1: Dubai developer says move will help to 'maintain commitments to customers'.

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Deyaar CEO upbeat despite 74% fall in Q3 profit

Dubai developer's net profit nosedives but is better than previous quarter.

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Dubai's Rasmala eyes $133m Saudi property fund

Islamic fund set to tap mid-income housing developments around Riyadh.

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Deyaar delivers first Business Bay commercial tower

Handover is first part of commitment by developer to deliver seven projects in 2009.

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Deyaar eyes growth in property management

Company CEO says move is in line with strategy to diversify income streams.

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Dubai to free 3 ex-Tamweel property execs on bail

Detentions were part of a series of high-level arrests as gov't aims to root out corruption.

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Deyaar's Q2 year on year net profit falls 69%

But CEO still upbeat as profit levels improve on Q1, pledge on project delivery.

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Deyaar eyes move into Iraq - CEO

UPDATE 1: Dubai's second largest developer aims to extend Middle East reach.

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Corruption case opens against former Deyaar pair

Pair alleged to have sold land to developer at almost double cost in massive fraud scam.

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Deyaar cancels Enclave project in Dubai

Company CEO says full refunds have been paid to investors in proposed IMPZ scheme.

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Deyaar ties up with banks on customer finance deals

Developer partnering with 5 banks to offer up to 90% finance for nationals.

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Dubai real estate to bottom out in H2 - Deyaar CEO

EXCLUSIVE: CEO also tells Arabian Business company is mulling MENA property fund.

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Deyaar looks to expand into five countries - ME, Africa

Dubai-based developer wants to tap cheaper valuations, deals due in next few months.

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Deyaar to set up series of distressed debt funds

Dubai-based developer is close to raising the first AED500m fund to buy its own distressed assets.

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Deyaar to launch distressed property fund

Fund will buy back properties from investors defaulting on purchases.

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Former minister, company CEO charged

Mohammed Khalfan Kharbash, Zack Shahin referred to court in embezzlement case.

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Deyaar takes action to survive property downturn

Developer slashes prices by 30% and offers 100% refunds on some projects.

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Dubai's Deyaar not to pay 2008 dividend

Real estate major's board of directors decide not to propose paying 2008 dividend or issue bonus shares.

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Probe into former Deyaar CEO 'close to conclusion'

Attorney General makes statement on investigation into real estate dealings.

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UAE, Qatar, Kuwait end up; Deyaar gains 6.25%

UPDATE 5: Banks lead gains on Abu Dhabi bourse; NBD surges above 9%.

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Dubai's Deyaar posts 59% rise in Q4 profit

Property firm part-owned by Dubai Islamic Bank earns $93.4mn profit in quarter ended Dec 31.

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Deyaar puts all unsold projects on hold

UPDATE 1: But Dubai developer eyes big increase in 2008 income - chief executive.

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Deyaar latest to offer new deals to customers

Dubai developer set to unveil more relaxed payment scheme as global credit crisis bites.

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Deyaar CEO says expansion slowdown likely

Developer could ease back on expansions abroad due to global financial crisis.

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Shahin trial pushed back by a month

Former Deyaar CEO will stand trial on alleged embezzlement charges 'sometime in October', lawyer says.

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Deyaar Enclave for Impz

Dubai-based Deyaar Development has launched Deyaar Enclave, which will be built in the International Media Production Zone (Impz) located off Emirates Road.

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Abu Dhabi to get Schumacher tower

Marasi Real Estate Fund to build tower in partnership with F1 legend at cost of up to $544mn.

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Deyaar eyeing acquisitions to drive expansion

Dubai developer sets target of having 50% of built up land portfolio outside UAE by 2009.

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Deyaar profit jumps 56%

Dubai developer posts Q3 net income of $84.9mn, in talks over joint ventures in 'key international markets'.

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Deyaar and ICD ink development deal

Dubai based Deyaar Development PJSC has signed an agreement with the Investment Corporation of Dubai (ICD) to develop and manage One Za'abeel.

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READER COMMENTS

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