Sorouh Real Estate PJSC, an Abu Dhabi-based developer, reported a 22 per cent increase in its consolidated net profits to Dh92.8 million during the first quarter of 2012, up from Dh76.3 million recorded in the corresponing period last year.
Nakheel explains car park blocking
Dubai Nakheel clarified its position on blocking car park access by tenants of the Shoreline Apartments on Palm Jumeirah, in reaction to media reports that it has been denying tenants access to car parks due to their landlords' failure to pay service charges.
Shaikh Hazza opens Cityscape Abu Dhabi
The arrival of Shaikh Hazza Bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council marked the opening of the sixth edition of Cityscape Abu Dhabi on Sunday.