Deyaar Development Company

Handovers, lower provisions helped developer to AED26m quarterly profit

'Master developer may not complete the related infrastructure,' firm says in a report.

Dubai property developer says it swung to a net loss in the second quarter.

Developer's Q1 gross revenue at AED196m; eyes handing over 5 Dubai projects in '10.

UAE developer appoints Saeed Al Qatami as acting CEO.

Deyaar CEO says fundamentals still strong; firm has $27m in accounts payable to contractors.

'It's wrong time for Deyaar to go out and try to raise funds from the int'l community.'

Both boards feel new merged entity stood little chance of securing financing.

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

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

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

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

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

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

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

The Dubai-based property developer gives no reason for the resignation of Nasser Al Shaikh.

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

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

UPDATE 7: UAE property stocks resurgent, du adds 5% after releasing healthy Q1 profits .

Fund will buy back properties from investors defaulting on purchases.

Dubai-based developer to continue with its international expansion plans.

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

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

Dubai-based property developer will consider merger, but not in talks at present.

Deyaar CEO Markus Giebel tells Damian Reilly about the company's survival plan, which includes reducing the cost of properties already bought.

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

Developer also says prices in some projects have fallen due to drop in construction costs.

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

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

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

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

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

Property firm chief says speculation over $4.3bn merger 'not good for the market'.

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

Deyaar chairman Nasser Al-Sheikh on how he is rebuilding the company's reputation after the arrest of its former CEO on corruption charges.

Oman ends day two percent down as foreign institutions dominate trading.

Chairman of developer, whose former CEO resigned amid fraud probe, pledges support.

Markus Giebel takes over at helm of Dubai developer following Shahin resignation amid police probe.

Dubai Islamic Bank affiliate posts $67mn profit on back of sales and international expansion.

Developer will defy profit forecasts, despite police investigation, Al-Shaikh says.

WEFME: Authorities have enough evidence to take fraud case to court - chairman.

$5bn agreement to build township near Delhi cancelled by mutual consent, Dubai developer says.

Chairman says 'incidents in question' occurred in past, already been reflected in financial disclosures.

Lebanese national becomes third person arrested over alleged financial irregularities at Deyaar.

Former General Electric CEO recalls media spat over successor as delegates raise Deyaar crisis.

Zack Shahin detained for past three weeks on suspicion of embezzling $33mn, media reports.

What a year it has been. Emerging economies continued their rapid growth; oil reached its all-time high at US$100 a barrel; parts of the Middle East experienced - and still experience - great turmoil politically and economically whereas other areas continued to shoot towards prosperity.

Dubai real estate giant to clinch deal this year to build homes and offices in suburbs of New Delhi.

Dubai-based developer working on projects in Kazakhstan, Turkey and Lebanon, CEO says.

Arabian Business reports on Dubai's astonishing real estate story, and asks whether the sector's record growth can continue in the long term.

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.

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

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

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

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.

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

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