Business confidence and conditions in Dubai are forecast to strengthen in the third quarter, with small and mediums-sized companies expressing more optimism than large corporations, according a survey from the Dubai Chamber of Commerce and Industry.
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Sales at Dubai’s malls surge on massive discounts
Dubai: Massive discounts of as much as 70 per cent off a wide … that it serves as a catalyst for retail growth with its key partners reporting an upswing in business at the halfway mark of the region’s most popular retail event in the summer …
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UAE banks profit to grow about 5 percent in second half: official
“If you look at the bank results that have come in so far, collectively there is a growth of five percent,” said Abdulaziz al-Ghurair, Chairman of the UAE Banks Federation (UBF) and chief executive of Mashreq MASB.DU, Dubai’s third largest lender by assets.
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Abu Dhabi hospital cares for abandoned baby for almost a year
ABU DHABI: An Abu Dhabi hospital took care of an abandoned baby … Constancior Vingno Jr, Philippine Ambassador to the UAE, told Gulf News on Tuesday, “It’s been almost a year since the mother abandoned the baby at the hospital and escaped to the …
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Hundreds of Qantas passengers trapped in 40 degree plane for hours as flight delays leave them stranded in Dubai for nearly TWO DAYS
Hundreds of Qantas passengers were left stranded in Dubai for close to two days after their flight from London to Sydney was delayed twice. Almost 500 passengers left from London on flight QF2 on Monday without a hitch, but landed in Dubai after the A380’s …
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Abu Dhabi ‘more affordable’ as house prices, rents continue to tumble
The UAE-based real estate portal said in a report that the latest … The report also said the residential property sector in the Northern Emirates of Sharjah, Ajman and Ras Al Khaimah has proved more robust. For sales, apartment prices rose on average …
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UAE- Buying a home? Find out its realistic market value
publicly-available sale registration information provides a reference price for different property types. In the UAE, transaction data has historically been limited to sale prices by area published by the Dubai Land Department. This information is …
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Shaikhani to deliver Dubai commercial tower in Q4
Dubai-based property developer Shaikhani Group has announced plans to deliver its Dh80 million ($22 million) commercial tower, Cambridge Business Centre, in the fourth quarter of 2017. The 2B+G+9+Health Club Cambridge Business Centre will feature 116 …
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Damac Properties Dubai PSC : to pick Dubailand hotel operator in Q4 2017
Damac Properties ‘ will pick an operator for its upcoming four-star hotel in Dubailand only in the fourth quarter of 2017, a company official told Construction Week. The hotel will be located in one of the four towers that make up Damac Maison de Ville …
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Ellington Properties’ Belgravia III blurs the line between residential and hospitality design
Dubai-born Ellington Properties has launched Belgravia III in Dubai’s Jumeirah Village Circle (JVC) neighbourhood, the firm’s third residential building under its flagship brand. Consisting of two L-shaped buildings that face one another, the two …
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Riyadh’s real estate market continues to soften
Riyadh’s real estate market continued to soften during the second quarter … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Dubai’s Damac mulls property investment in Malta
Dubai-based developer Damac is “keeping an eye” on Malta as it looks to expand its international investment portfolio. Damac chairman Hussain Sajwani said he sees Malta as a favourable investment destination, following a tour of the island-nation and a …
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Will Dubai South shape up to be the best place to live in?
Historically, the areas developed around key public transport nodes are proven to outperform other areas not inter-connected, but ultimately the real estate market is determined by additional factors, such as supply, demand and availability. And Dubai …
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iSON Technologies implements Oracle Property Manager Solution
iSON Technologies implements Oracle Property Manager Solution through its recently acquired GTS Technologies, at Dubai World Trade Center (DWTC) Dubai, UAE. The DWTC Oracle Property Manager Implementation project went live on 14th Sep 2016 despite the …
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Armani Hotel Dubai awarded first Green Globe certification
and the whole effort is supported by a responsible programme from Emaar Properties.” As part of its focus on enhancing energy and water efficiency, all incandescent lights in Armani Hotel Dubai have been replaced with power saving LEDs and motion …
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Ammar Hilal Appointed as General Manager, Fairmont Dubai
Hilal joins Fairmont Dubai from his most recent role as General Manager at Sofitel Dubai Downtown, our sister property. Under his leadership, the Sofitel Dubai Downtown received a number of prestigious travel accolades and achieved remarkable results in …
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Airport innovations get the ‘Shark Tank’ treatment
The company rented fully equipped private mini-offices with desks, computers, Wi-Fi, walls and locking doors in … GoSleep sleeping pods in the Abu Dhabi and Dubai airports and Minute Suites — equipped with daybed sofas, HDTV (that can be used as …
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