Deyaar: 56% rise in capital

by ArabianBusiness.com staff writer Saturday, 24 February 2007

Real estate company, Deyaar, has announced a 56% increase in its capital base to US $424 million (AED 1.56 billion) from $272 million (AED 1 billion).

The increase in capital is the first in the series of initiatives being taken up by Deyaar to reinforce its portfolio of real estate investments in 2007. Deyaar, last week, reported a phenomenal growth of 192% in net profits for 2006 besides also announcing a strategic foray into Saudi Arabia, India, Kazakhstan and Turkey.

Sort list by:
Relevancy
Most Recent
Oldest
Development

« Prev
Next »
Page 1 of 4

Deyaar climbs near to 200%

Dubai Islamic Bank's real estate arm, Deyaar, has announced its financial results for 2006

ArabianBusiness.com staff writer , Saturday, 10 February 2007, ArabianBusiness/News

Deyaar to launch IPO

Deyaar, a subsidiary of Dubai Islamic Bank, has announced plans for an Initial Public Offering (IPO) during the first half of 2007.

ArabianBusiness.com staff writer , Sunday, 04 March 2007, ArabianBusiness/News

Main contract due on The Burlington tower

Dubai-based real estate developer, Deyaar, is expected to award the US $82 million (AED300 million) main construction package this week for The Burlington in Business Bay.

ArabianBusiness.com staff writer , Saturday, 10 March 2007, ArabianBusiness/News

Zack Shahin: Bridging the gap

The CEO of the region’s fastest growing real estate company explains how spotting a niche in the market, and having fun at work, helped him propel Deyaar to the forefront of the industry.

Edward Poultney, Sunday, 01 April 2007, ArabianBusiness/Interviews

$866m IPO planned for Deyaar

Gulf's biggest public offering in 15 months will be open to Arab nationals only.

Reuters, Sunday, 22 April 2007, ArabianBusiness/News

ASGC picks up contract for Windsor Manor

Property developer, Deyaar, has awarded a US $164 (AED600 million) contract to ASGC to build Windsor Manor in Dubai's Business Bay.

Conrad Egbert, Tuesday, 24 April 2007, ArabianBusiness/News

Deyaar sets up for IPO

UAE real estate company, Deyaar, has announced that it has secured the approval of the UAE's Ministry of Economy to launch its Initial Public Offering (IPO).

ArabianBusiness.com staff writer , Saturday, 28 April 2007, ArabianBusiness/News

UAE set to see launch of its largest IPO

New projects and mounting assets for Deyaar are pushing the Dubai-based real estate company fast up the property ladder.

The Oxford Business Group, Thursday, 26 April 2007, ArabianBusiness/News

Deyaar eyes Asia expansion

Firm will increase the value of UAE projects five times by 2009 following next week's IPO.

Reuters, Wednesday, 02 May 2007, ArabianBusiness/News

Dubai Islamic launches Deyaar IPO

Dubai Islamic to sell 55% stake in property arm in UAE’s biggest IPO.

Reuters, Sunday, 06 May 2007, ArabianBusiness/News

Deyaar launches on Al Reem

The real estate firm has unveiled its first Abu Dhabi property on Al Reem Island.

ArabianBusiness.com staff writer , Saturday, 19 May 2007, ArabianBusiness/News

Deyaar IPO up to 10 times oversubscribed

Property firm claims that $866m offering has attracted at least five times that amount.

Reuters, Wednesday, 16 May 2007, ArabianBusiness/News

Deyaar share allocations revealed

Teachers got preferential treatment in the oversubscribed IPO of the property firm.

Ben Flanagan, Monday, 04 June 2007, ArabianBusiness/News

Deyaar names board

Deyaar PJSC held its founding general assembly on 21 June 2007 resulting in the confirmation of its nine-member board of directors and the appointment of Ernst & Young as the company's auditors.

ArabianBusiness.com staff writer , Saturday, 30 June 2007, ArabianBusiness/News