Company Lookup
Download Demo

Market News

This Month News

This Month News

send to a friend by email

Union Properties sells Ritz-Carlton Dubai


Union Properties announced at the Dubai International Financial Center that it will confirm it sells for Ritz-Carlton hotel, which did not fully established,. The company said that sales could occur if the price reached to 1.5 billion AED , according to a statement issued by the company yesterday. The banks that financing the project agreed to extend the financing fund repayment after they receiving a guarantee from the Emirates Dubai National Bank , which owns 48% of Union Properties.



High liquidity level raises the market's trading volume this week

PICO approves raising the paid-capital to $6 million

TIC approves raising the paid-capital to $10.00 million

Active Trading with the increase of semi-annual financial data anticipation

LADAEN restructures itself and establishes a new company

Al-Quds Index breaks through new psychological level and gains 2.99% in this week



Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013