Category: PROPERTY

DAMAC Properties, which on May 15 reported its ... representing an aggregate weight of 1.42% in the MSCI Emerging Markets Index. Abu Dhabi's index rose 0.3%, recovering from early losses in ... ( read original story ...)

The Dubai market is booming due to the Expo 2020, and the people from across the world are investing in the properties in Dubai. The Dubai real estate market is considered to be the best sector for ... ( read original story ...)

To predict the outcome of the property market after Expo 2020 – a topic that sees even top economists hesitate to share their opinion – would be foolhardy of me. However, from what we know about the ... ( read original story ...)

Net profits declined by 26% at UAE real estate developer Aldar Properties in Q1 2019, despite a 20% revenue spike at theAbu Dhabi Securities Exchange-listeddevelopment giant during the period. Aldar – ... ( read original story ...)

Property developer DAMAC Properties reported a 94% drop in first-quarter net profit on Wednesday, its smallest since going public in 2015, hurt by Dubai’s slumping property market. DAMAC, owner ... ( read original story ...)

Dubai’s Damac Properties, the owner and operator of the only Trump-branded golf club in the Middle East, reported a 94 per cent annual drop in first-quarter net profit, pressured by a slump in ... ( read original story ...)

Assets often become distressed because of the operational and financial difficulties faced by the owner or issuer of the assets, which may result in insolvency or bankruptcy. Such situations create ... ( read original story ...)

Emirates Publishers Association (EPA)organised a cultural panel about the UAE’s leading role in protecting intellectual property, in addition to the laws issued by EPA in this regard, as part of ... ( read original story ...)

Dubai’s Danube Properties is planning three new project launches this year, as the affordable housing developer reported a 78.5 percent rise in sales in 2018. Danube Properties, the development arm of ... ( read original story ...)

Aldar Properties, the largest property developer in Abu Dhabi, plans to spend Dhs2.75bn ($749m) in 2019, its chief financial officer said after the company reported a 17.3 per cent drop in first ... ( read original story ...)