Dubai’s real estate recovered in the first half of this year with deals transacted rising 16.8 per cent in value, the Dubai Land Department said on Sunday. The total value of real estate transactions reached Dh132 billion in the first half compared with …
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Dubai real estate deals up 16% to Dh132 billion in H1
Real estate transactions worth Dh132 billion were achieved in Dubai in the first half of 2017, the Dubai Land Department (DLD) announced on Sunday. This comprised 35,571 sales, mortgages and other transactions. This compares to transactions worth Dh113 …
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Dubai property transactions jump 16.8% to Dh132 billion
DUBAI: Emirati investors helped lift Dubai property transactions during the first half of the year, the Dubai Land Department (DLD) said on Sunday. The total value of real estate transactions rose 16.8 percent to Dh132 billion (SR134.79 billion) in the …
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RAK Properties Reports Record Half-Year Results
Leading property development firm RAK Properties PJSC has announced … The firm, which is listed on the Abu Dhabi Stock Exchange, currently boasts total assets valued at (AED 5.11 Billion), a significant increase on the AED 4.99 billion recorded at …
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How Fugitive Billionaire Guo Wengui Lured Abu Dhabi Investors Into the Mire
“Abu Dhabi will do what we say,” said Guo at that time … former financial chief of Beijing Pangu Investment Co., a property company controlled by Guo. “We transferred the money back to China within three days (after the fund arrived),” Yang …
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Ras Al Khaimah Properties : RAK Properties’ earnings soar on increase in off-plan sales
“With proven excellence in a wide range of projects, the leading property developer is expected to announce additional residential, hospitality and retail projects to further its growth this year.” At the Cityscape Abu Dhabi property exhibition in March …
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Norway’s wealth fund buys property in central Paris
OSLO, July 28 (Reuters) – Norway’s sovereign wealth fund has agreed to pay 462.2 million euros ($541.28 million) for a property in central Paris owned by subsidiaries of Abu Dhabi Investment Authority, it said on Friday. The property comprises 24,500 …
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RAK Properties half year revenues hit $57.4m
Leading property development firm RAK Properties has announced record … The firm, which is listed on the Abu Dhabi Stock Exchange, currently boasts total assets valued at Dh5.11 billion ($1.39 billion), a significant increase on the Dh4.99 billion …
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Abu Dhabi Q2 earnings estimates
Q2 2017 %change Arqaam Capital 526.00 3.69 EFG Hermes 494.00 -2.62 Abu Dhabi Islamic Bank reported a net profit of 507.30 million dirhams in the second quarter of 2016. —– ALDAR PROPERTIES …
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Dubai Customs holds intellectual property rights workshop
DUBAI: The Intellectual Property Rights (IPR) Department of Dubai Customs has organised a workshop to step up efforts aimed at fighting fake goods. The workshop was attended by 24 officers from Dubai Customs and other relevant government bodies across the …
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Brand agents help customs officials fight back against fake goods
Top brands like Lacoste and Fossil have been working alongside Dubai Customs officials to step up their war against fake goods on sale in markets across the emirate. Workshops hosted by the Intellectual Property Rights Department of Dubai Customs have been …
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NIA Begins Process to Attach Properties of Proclaimed Offender Zakir Naik
A News 18 report states that 51-year-old Naik, with the help of Parvez Khan-aide of Rajan, purchased properties in Dubai, Mumbai and Pune. Also Read: NIA gets proof against Zakir Naik, summons him for communal speeches: Reports Reportedly, Naik …
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Uzbekistan confirms it holds ex-president’s daughter in custody
That statement also recorded something of Ms Karimova’s geographical footprint with property and bank accounts across Russia, Europe, Hong Kong and Dubai. Ms Karimova had led a globe-trotting lifestyle, hosting fashion parties, shooting pop videos and …
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Arjaan by Rotana introduces new dining options to step up weekend excitement
In a bid to enhance weekend plans of people in Dubai, Arjaan by Rotana has unveiled a new set of offerings aimed at delivering a supreme dining experience. The hotel property, located in Dubai Media City, has introduced a new family-friendly ‘Friday …
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Dewa innovation team launches five smart initiatives
commercial and industrial customers from one property to another within Dubai, by transferring all current account information to their new accounts and transferring the insurance, without the need to visit the Dewa’s Customer Happiness Centres.
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All entities to follow Dubai’s new railway law: RTA
“The new resolution aims to realise maximum safety and safe operation of railway transport, provide advanced and safer transit systems, protect the environment and maintain the natural ecological balance, and realise the vision of Dubai as a sustained and …
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Al Habtoor City residential towers 70pc complete
The freehold property offers 1,427 luxury apartments set in the heart of Dubai on the banks of the Dubai Water Canal and on Sheikh Zayed Road. “I am very pleased to see high demand from local and international investors and sales are proceeding …
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