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Month: December 2016

Posted on 26/12/2016

Dubai Financial Market : Careem to list on DFM – CEO

Dubai – Mubasher:Careem, ride-hailing app, intends to offer its shares for an initial public offering (IPO), CEO, Mudassir Sheikha, said hinting to potential listing on Dubai Financial Market (DFM). In an interview with Bloomberg, Sheikha added that the …
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Posted on 26/12/2016

DFM Launches “IPO Communications Guide” As Part Of Its Efforts To Spearhead Potential Issuers’ Adoption Of Best Practices

His Excellency Essa Kazim, Chairman of DFM said; “We are pleased to launch this guide in line with DFM’s commitment to further reinforce the leading position of Dubai as a dynamic capital markets hub. Promoting the IPO sector by encouraging and …
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Posted on 26/12/2016

Property Insurance Dubai by Juelmin Insurance Services LLC

Property Insurance Dubai by Juelmin Insurance Services LLC – Whether you have just purchased your first family home, or own a large property portfolio Juelmin offers the most comprehensive and competitive policies on the market. With a vast variety of …
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Posted on 26/12/2016

Property Insurance Dubai by Seagull Insurance Services Co. LLC

Seagull Insurance Services Co. LLC – Seagull insurance services company is one of the leading insurance services companies in Dubai. It was established on 1999. We are registered as an insurance brokers under the Federal Law # 9, of the year 1984 …
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Posted on 26/12/2016

Property Insurance by Oman Insurance Company Dubai

Under the Property All Risks Insurance the Policy indemnifies the Insured for accidental physical loss of or damage to the Property Insured whilst situated at the premises described in the policy. This will include loss or damage by Fire, Lightning …
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Posted on 26/12/2016

Dubai Properties begins handover at Dubai Wharf

Dubai Properties (DP) has announced that it has completed the first residential tower at its Dubai Wharf development, and that the residential units are being handed over to owners three months ahead of schedule The multi-million dirham Dubai Wharf …
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Posted on 26/12/2016

Property Insurance by Cosmos Insurance Brokers LLC Dubai

The fire insurance policy covers immovable and movable property, buildings, plant and machinery, furniture, fixtures, fittings, contents, stocks / stock in process, raw material, goods held in trust or in commission from loss or damage by fire or due to …
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Posted on 26/12/2016

Businessman loses Dh7b lawsuit against property company

Dubai: Dubai’s highest court dismissed an Iranian businessman’s Dh7 billion commercial lawsuit that he had lodged against a property development company and the three shaikhs who own it. The seven-year-old commercial dispute ended after the Dubai …
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Posted on 26/12/2016

Dubai property awaits Expo 2020 boost

Dubai property prices received a major fillip in November 2013 after the city won the bid to host the 2020 World Expo. This was followed by double-digit price growth in 2014 owing to significant speculative investment in the emirate’s real estate market.
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Posted on 26/12/2016

DAMAC Properties guarantees a BMW or another luxury car with the purchase of an apartment this DSF

This Dubai Shopping Festival (Dec 26, 2016 to Jan 28, 2017), DAMAC Properties is offering a brand new BMW or another luxury car – guaranteed with the purchase of a luxury apartment starting from AED 599,000. Niall McLoughlin, Senior Vice President …
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Posted on 26/12/2016

Dubai developer Damac offers buyers free BMW cars this DSF

Dubai developer Damac Properties is offering a free BMW or another luxury car with the purchase of select apartments during the Dubai Shopping Festival (DSF), it revealed on Monday. During the latest DSF edition, which runs from December 26 to January 28 …
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Posted on 26/12/2016

Mario Volpi: Can Dubai property investor penalise developer for delayed off-plan purchase?

I have invested in an off-plan property in Business Bay but its delivery is delayed by about three years. Can I penalise the developer in any way for breaching the contract? AS, Dubai In theory, there should be no reason why you cannot file a case and hold …
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Posted on 26/12/2016

UAE ranked 28th happiest country in world

Dubai: The UAE is ranked the 28th happiest country in the world and the first among Arab countries, according to the World Happiness Report 2016. The report, released by the UN Sustainable Development Solutions Network, is based on an opinion survey …
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Posted on 26/12/2016

‘Year of Giving continues charitable tradition’

Abu Dhabi: Charitable foundations in the UAE have praised the announcement by President His Highness Shaikh Khalifa Bin Zayed Al Nahyan declaring 2017 as the Year of Giving, and said that this initiative would continue the UAE’s long-held tradition of …
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Posted on 26/12/2016

UAE better positioned for structural reforms among GCC countries

The unique economic strength of Dubai makes it Citi’s regional hub for the Middle East and Africa region. The bank currently serves more than 500 global companies in the region from the Dubai hub. Citi officials say to cover Africa, there is no other …
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Posted on 26/12/2016

Dubai Metro and Tram record zero crime rate

Dubai: Dubai’s ever-expanding transport network, including the metro, tram, buses and ferries, recorded a zero crime rate over the last eight years, Dubai Police revealed on Sunday. According to a senior Dubai Police official, a special police force …
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Posted on 26/12/2016

Shariah Gold Standard Is “Revolutionary” – Mark Mobius

One of the world’s leading investors, Mark Mobius told a gold conference in Dubai that the new ‘Shariah Gold Standard … for those Islamic households that would like to invest in gold funds” He drew attention to the economic growth of both the UAE …
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