Becoming an entrepreneur is like stepping onto the most intimidating roller-coaster in the world. There are ups, the downs and unexpected turns. At the end of it you will come out extremely sick or very happy. In Dubai, which is an e-commerce hub, it is …
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Dubai Properties achieves major construction milestone
conveniently located in proximity to Marasi Business Bay waterfront and within walking distance of Sheikh Mohammed Bin Rashid Boulevard, is scheduled for handover in the third quarter of 2019, said a statement from the developer. Dubai Properties pointed …
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Emaar’s property development business valued at $6.5 bln ahead of Dubai IPO -sources
DUBAI, Oct 2 (Reuters) – The real estate development business of Emaar Properties, which is being listed in an initial public offering (IPO) in Dubai, is expected to be valued at 24 billion dirhams ($6.5 bln), two people familiar with the deal said.
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Dubai’s DP World in talks to develop Mali trade master plan
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How Dubai Airport handles 90 million passengers a year
Heading to the airport has become a necessary process for almost all business professionals these days, but all too often, the airport can be a minefield of potential hold-ups or stressful procedures. However this may all be about the change, as Dubai …
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Emaar’s property development business valued at $6.5 billion ahead of Dubai IPO: sources
DUBAI (Reuters) – The real estate development business of Emaar Properties EMAR.DU, which is being listed in Dubai, is expected to be valued at 24 billion dirhams ($6.5 bln), two people familiar with the deal said. The valuation is based on the assets …
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UAE banks’ credit, deposit growth dips in August
Dubai: Monetary data form the Central Bank of UAE for August showed a monthly drop in system-wide credit and deposits in the banking sector. Gross credit fell by 1 per cent month on month in August, with domestic loans contracting by a greater 1.3 per cent.
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Abu Dhabi expects 3.16% GDP growth in 2018
Abu Dhabi: Abu Dhabi expects real GDP growth of 3.16 per cent in … We gauge investors’ confidence on a monthly basis and we see some kind of optimism.” “I think there has been news that may be five or six IPOs are expected in the last quarter …
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Boy calls Dubai Police threatening to commit suicide
Dubai: A 13-year-old boy who called Dubai Police threatening to commit suicide because his mother abandoned him in their flat was counselled and moved to a shelter in Sharjah. The terrified child informed the control room that his mother was travelling …
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Dubai Properties’ Bellevue Towers Marks Key Construction Milestone
Dubai Properties, a leading Dubai-based real estate master developer of renowned destinations across the emirate, today announced the completion of the raft casting at its Bellevue Towers residential project. Valued at more than AED200 million, the two …
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Dubai Properties’ Bellevue Towers marks major construction milestone
RELATED ARTICLES: Dubai Properties to hand over Marasi residential tower in 2020 | Dubai Properties releases additional Arabella townhouse units | Dubai Properties begins work on Marasi Business Bay marina Dubai Properties has announced the completion of …
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NBK unit closes $95m Dubai school property deal
NBK Capital Partners, the private equity arm of National Bank of Kuwait, said it has completed the acquisition of the Dubai campus of a K-12 international curriculum school in a sale-leaseback transaction. This comes in line with the firm’s strategy to …
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Emaar to Manage Dubai Frame
Real estate giant Emaar has signed a memorandum of understanding (MoU) with Dubai Municipality to market and promote the latest landmark, Dubai Frame, which is set to open next month. As per the agreement, the company will provide guidance on the operation …
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Shabab Al Ahli Dubai ink deal with Nakheel
Dubai: Shabab Al Ahli Dubai Club has announced a new sponsorship agreement with Dubai-based property developer Nakheel. Khalifa Saeed Sulaiman, the chairman of the higher committee for the merger of Shabab Al Ahli Dubai and Ali Rashid Lootah, chairman of …
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Dubai’s Nakheel Takes Dh6.5 Billion Worth of Real Estate to Germany for Expo Real 2017
Dubai-based master developer Nakheel is making its way to Munich with a multitude of real estate investment opportunities worth more than AED6.5 billion (EUR1.5 billion) as it exhibits at Expo Real for the first time. The only UAE developer exhibiting at …
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Emaar Properties lifts Dubai index, but outlook bearish
Dubai: Mild buying in Emaar Properties helped the Dubai index close in the positive zone, but the overall outlook remains bearish as long as the gauge trades below the key resistance level. The Dubai Financial Market General index closed 0.45 per cent …
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RCR Arquitectes completes “serene and restrained” Dubai apartment building with sea views
Catalan studio RCR Arquitectes designed the Muraba Residences for a site on the Eastern Crescent of Dubai’s Palm Jumeirah – an artificial archipelago created in the Persian Gulf that was created to accommodate seafront properties, hotels and resorts.
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