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Month: August 2018

Posted on 13/08/2018

Net profits skyrocket at Abu Dhabi’s Eshraq

Eshraq Properties has reported a net profit of $4m (AED14.8m) in H1 2018, a significant turnaround compared to first half of last year when the Abu Dhabi-based real estate firm reported a loss. Accord…
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Posted on 13/08/2018

Dubai’s JLT metro stop renamed

Free zone operator Dubai Multi Commodities Centre (DMCC) on Monday announced the renaming of the Jumeirah Lakes Towers (JLT) metro station effective immediately. The decision will mean the Dubai Metro …
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Posted on 13/08/2018

UAE oil giant making ‘good progress’ with expansion plans in Saudi Arabia, executive says

The oil giant’s initial public offering at the end of last year was part of a strategy by the UAE, as well as other Gulf nations, to privatize energy sector assets at a time when oil prices were relat…
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Posted on 13/08/2018

Eshraq Properties Reports Net Profit Of AED 14.8 Million For H1 2018

Reports a net profit of AED 14.8 million for the first half of 2018 versus a net loss of AED 0.32 million for the same period last year Eshraq Properties PJSC (“Eshraq” or “Company”), the Abu Dhabi ba…
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Posted on 13/08/2018

Dubai unveils plans for $2 billion tech-driven mega mall

But it is the tech angle that most intrigues. “Dubai Square pushes the boundaries of modern retail and leisure by drawing on next-generation technology,” a spokesperson from Emaar Properties, who is d…
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Posted on 13/08/2018

Dubai Bank’s Turkey Bet Just Got $1 Billion Cheaper. And Riskier

On the face of it, Emirates NBD PJSC’s acquisition of Turkey’s Denizbank AS has become about $1 billion cheaper. Still, the deal could prove to be the riskiest yet for Dubai’s biggest bank. Since Emir…
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Posted on 13/08/2018

Salman khan Surprise Visit New Dubai house with Ferrari car ! Salman khan Dubai Properties – Dubai Video

Welcome to Official Youtube JASUS007 channel for the best videos from the world of entertainment. latest Bollywood news and behind the scene Bollywood LIFE ! Watch latest Bollywood gossip videos, . Fo…
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Posted on 13/08/2018

DAMAC Properties and Radisson Hotel Group to Launch Radisson Hotel, Dubai DAMAC Hills

New hotel overlooking Trump International Golf Club Dubai will offer ownership opportunities for investors with six percent guaranteed returns for first three years DAMAC Properties has signed a landm…
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Posted on 13/08/2018

Dubai’s RERA joins forces with CBD for escrow services

The Real Estate Regulatory Agency (RERA) has partnered with the Commercial bank of Dubai (CBD) to offer escrow account management services to Owners Association (OA) communities in Dubai. The deal was …
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Posted on 13/08/2018

SellAnyHome.com’s Buyer Pool Have Shown Interest To Spend Over AED 640 Million In Dubai Real Estate And That Number Is Growing Every Month!

Home buyers have been growing at astronomical rate since Sellanyhome.com announced it would open its platform to end users. “Our buyer pool has increased 600% since January and is a clear signal of ho…
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Posted on 13/08/2018

New guide helps Dubai hotels go green

Dubai undoubtedly has the potential to strategically position itself as a landmark for sustainability by ensuring all hotel properties are engaging in responsible practices”, Lootah said. Dubai Touris…
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Posted on 13/08/2018

Fresh hope for Dubai Lagoon investors

The renewed plea comes in the wake of the Dubai Land Department (DLD) announcing last week that it would seize the plots and properties of Schon Properties, developer of the DIP project Dubai Lagoon. …
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Posted on 13/08/2018

Dubai Rera partners with CBD on escrow services

The Real Estate Regulatory Agency (Rera) at Dubai Land Department has signed a partnership agreement with Commercial Bank of Dubai (CBD) for offering escrow account management services to Owners’ Asso…
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Posted on 13/08/2018

First look inside the refurbished Address Downtown Dubai

Chris Whiteoak / The National There are 16 room categories to choose from in this 220-room property, from deluxe rooms to suites, several of them offering views of the Burj Khalifa and The Dubai Fount…
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Posted on 13/08/2018

Technology to support ‘resilience’ of UAE construction

RELATED ARTICLES: YoY profits up 97% at Dubai’s Arabtec Holding in H1 | Dubai’s VX wins Al Hamra Rove Manar Mall contract | Dubai contractors urge selectivity as margin values drop Ian Hauptfleisch, g…
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Posted on 13/08/2018

UAE Food Bank’s summer giving benefits 1,000 workers

As part of the ‘Summer of Giving’ campaign, the UAE Bank Food team has distributed 1,000 meals, water and cold juices to the workers at the workers accommodations in Al Muhaisinah 2 area. The team, wh…
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Posted on 13/08/2018

UAE youth are global change makers

Gulf News spoke to youth from cross section of society in the UAE on this occasion. “Young people have the ability to be global change makers, we are motivated and have a lot of fresh ideas that we ca…
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