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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Saturday, September 6, 2008

Solidere Real Estate Profits in 2008

Solidere expects 2008 profits to mirror 2007 returns
Daily Star - Lebanon - Beirut, Lebanon
BEIRUT: Real-estate giant Solidere is still reaping handsome profits and revenues thanks partly to a backlog of lands-sales contracts that are being realized in 2008 and possibly over the next coming years. The company, founded by late former Prime Minister Rafik Hariri, also managed to sign few contracts this year and is negotiating other potential deals with investors. ...Solidere International, which is incorporated in the Dubai Financial Center, has several multi-billion-dollar projects in the United Arab Emirates (UAE), Saudi Arabia and Egypt. ...

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