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FINANCIAL NEWS
Deyaar swings to $66.2m loss in Q2
14 Aug 2010
(MENAFN) Dubai’s second-largest property developer by market value Deyaar said it swung to a net loss in the second quarter, Reuters reported.
The developer made a net loss of $66.16 million in the three months to June 30 compared with $20.88 million in the same period last year, according a company statement on the bourse website.
Deyaar had made a first quarter net loss of $27 million on the back of significant provisions.
The developer, which rivals Emaar Properties and Union Properties dismissed its chief executive in April as part of a restructuring plan and appointed Saeed al-Qatami as acting chief
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BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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