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Month: November 2018

Posted on 07/11/2018

Dubai Dialogue 2018 highlights role of modern technologies in achieving sustainable development

The largest annual sustainability conference in Dubai put the spotlight on innovative solutions addressing economic, social and environmental issues facing societies today H.E. Buamim: Technology and …
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Posted on 07/11/2018

Malaysia dominates the Islamic economy, but the United Arab Emirates is hoping to close the gap

Malaysia’s lead is supported by its dominant Islamic finance ecosystem, but the UAE (which consists of seven seven emirates including Abu Dhabi and Dubai) is making progress to narrow the gap …
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Posted on 07/11/2018

Dubai’s Shuaa posts best quarterly profits for a decade

Dubai-based Shuaa Capital on Monday reported net profits of AED30.1 million ($8.1 million) for the third quarter of 2018, up 31 percent year on year and the company’s highest quarterly figure since 20…
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Posted on 07/11/2018

ADGM announces sustainable finance ambition to support UAE’s long term sustainable growth

International Financial Centre in Abu Dhabi, is pleased to support the 2018 IIF MENA Financial Summit in Abu Dhabi on 6 to 7 November 2018. Abu Dhabi: Abu Dhabi Global Market, the International Financ…
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Posted on 07/11/2018

Financial Analyst – Dubai Jobs

• Determines cost of operations by establishing standard costs; collecting operational data. • Identifies financial status by comparing and analyzing actual results with plans and forecasts. • Guides …
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Posted on 07/11/2018

Diwali: When Shaikh Rashid visited Indians’ homes in Dubai

Dubai: As Dubai plays host to the biggest and brightest Diwali celebrations today with an official fireworks display, some veteran Indian expats in the emirate have shared the simplicity and …
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Posted on 07/11/2018

Dubai expands mega solar project at “record” low price

The Dubai Water and Electricity Authority has announced it will not only expand the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park to 950MW, but that it will also sell power at a world- …
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Posted on 07/11/2018

Emiratis urged: Nominate pioneering projects, achievements in the UAE

Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has called on citizens to nominate projects for UAE Pioneers. The …
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Posted on 06/11/2018

Proximity to Metro pays off for Dubai property owners

Dubai: Being close the Dubai Metro’s Red Line is paying off for property owners. Prices for apartments within a five-minute walk of a Metro station have grown by 51 per cent between the first quarter …
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Posted on 06/11/2018

Real estate value in Dubai impacted by proximity to metro station

Dubai — Prices for residential units in Dubai that are within a five-minute walk to a metro station have grown by 51 per cent on average between Q1 2010 and Q1 2018, showed Knight Frank’s …
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Posted on 06/11/2018

Live close to Dubai Metro, the rents are lower

The Dubai Metro has impacted residential capital and rental values since it started operations in September 2009 with the opening of the Red Line and the Green Line in 2011. According to a report by g…
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Posted on 06/11/2018

Dubai Holding to Buy Stake in Zara’s Middle East Operator

which has been mostly focused on selling assets and restructuring debt since Dubai’s property-led crisis. The firm which owns Dubai Properties Group LLC and hotel operator Jumeirah Group LLC, is one o…
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Posted on 06/11/2018

UK property ‘a once-in-a-generation opportunity for Middle East investors’

“If there was a time to buy UK property I would say it is now,” says Mr Sanger, a Dubai resident with £14 million (Dh66.8m) of real estate assets in the UK spread across buy-to-let terraced houses in …
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Posted on 06/11/2018

Dubai Holding said to buy stake in Beirut’s Azadea

which has been mostly focused on selling assets and restructuring debt since Dubai’s property-led crisis. The firm which owns Dubai Properties Group and hotel operator Jumeirah Group, is one of three …
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Posted on 06/11/2018

Emaar launches premium Downtown Dubai apartments

… build-to-sell property development business majority-owned by Emaar Properties, is offering investors the last opportunity to invest in a residential apartment in Downtown Dubai, the world’s most …
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Posted on 06/11/2018

India’s Lemon Tree to open first Dubai hotel

Indian mid-range hotel chain Lemon Tree said on Tuesday it would open its first property in Dubai. The hotel, located on Al Wasl Road, will features 114 rooms and suites, an international …
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Posted on 06/11/2018

UAE Central Bank says economy to expand 4.2% in 2019

The UAE economy will expand 4.2 per cent next year, faster than the International Monetary Fund’s estimate, as the country carries on with reforms and sustains no material impact from restrictions on …
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