Dubai’s property pipeline is expected to exert continued pressure on the residential market with an additional 10,000 units set to be delivered this year and a further 70,000 before Expo 2020 …
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Dubai Land Department signs MoU with Emirates Islamic
Commenting on the MoU, Rashid said, “We at DLD are keen to establish partnerships with the private sector in order to work together in support of the Dubai real estate sector. Emirates Islamic …
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Dubai home prices, rents continue decline in Q3
Meanwhile, rental declines have averaged 1.3 per cent over the same period, added the Q3 2018 Dubai Market Report from Cavendish Maxwell, an independent firm of chartered surveyors and property consul…
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Dubai’s Emaar confirms talks to sell ‘certain hotels’ in portfolio
Emaar said in a filing to Dubai Financial Market … growth plans and renewed digital focus The company’s core businesses focus on property development, retail and hospitality. Reuters reported that A…
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Foreign properties: PM’s sister Aleema Khan submits reply in FIA
According to sources, Aleema contacted FIA Lahore and told the inquiry officer that she has sold the property she owned in Dubai. “I had mentioned the Dubai property in my tax returns and will disclos…
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Aloft Dubai South Opens
Aloft Dubai South, the Aloft brand’s fourth property to open in Dubai this year, has swung open its doors near the city’s Al Maktoum International Airport, and site of the international innovation gat…
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10 years on: the economic impact of The Dubai Mall
The Dubai Mall 10 Year Celebrations will include luxury fashion showcases and special entertainment, plus a host of prizes to win including three apartments from Emaar Properties. The celebrations wil…
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One-month partial closure of Sharjah Corniche Road
Dubai: Road authorities in Sharjah cautioned motorists over road works taking place along the Buhairah Corniche and nearby areas. The Roads and Transport Authority (RTA) in Sharjah announced that …
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Residential property prices in Abu Dhabi down 8.3% in Q3
Prices in Abu Dhabi’s residential property market were down 8.3 per cent year-on-year in the third quarter of the year, with declines across all areas, according to a new report by real estate …
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Watch: Dubai Metro users set record for most diverse human chain
Guinness World Record attempt for the human chain at the Dubai Metro. Virendra Saklani/Gulf News The event, which celebrates the 13th anniversary of the RTA, aims to support Dubai’s efforts to …
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Dubai Metro users set record for most diverse human chain
Dubai: Dubai has set a new Guinness World Record for a human chain with the most number of nationalities. The Roads and Transport Authority (RTA) set the record with the participation of Metro …
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Abu Dhabi Said in Talks to Create Two Banks in Three-Way Merger
(Bloomberg) — Abu Dhabi’s merger of three state-linked banks is set to create two new lenders, according to people with knowledge of the matter. Under plans being discussed, Abu Dhabi Commercial Bank …
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Four Mena IPOs raise nearly $350m in Q3: EY
The Mena region raised $349.9 million through four initial public offerings (IPOs) in the third quarter (Q3) of 2018, according to the latest Mena IPO Eye report released by professional services firm …
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deVere Group Launches Actively Managed “Cryptocurrency Solution” for Investors
a hedge fund manager in the Dubai International Financial Centre. Nigel Green, founder and CEO of deVere Group, says that cryptocurrencies are now undeniably part of mainstream finance. Green believes …
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One-month partial closure for Sharjah Corniche Road
Dubai: Road authorities in Sharjah cautioned motorists over road woks taking place along the Buhairah Corniche and nearby areas. The Roads and Transport Authority (RTA) in Sharjah announced that …
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UAE’s business optimism surges on improving economic fundamentals
Dubai: The vast majority of businesses in the UAE are optimistic on their outlook for the next one year thanks to the improving macro-economic environment of the country and the region, according …
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UAE rises 10 places to 11th in World Bank’s 2019 ease of doing business report
Dubai: The UAE jumped 10 places in the World Bank’s Ease of Doing Business ranking to 11th position globally in 2019 from 21st position last year to lead the Arab world for the sixth consecutive …
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