REAL ESTATE

Nakheel targets 'young and trendy' for Palm project

May 21, 2012
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Dubai master developer launches 192 studio flats in new project on Palm Jumeirah (read more here…)

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The $63m scam

May 21, 2012
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Luxury cars, yachts and prime real estate seized as Gold Coast millionaire accused of tax evasion, money laundering. (read more here…)

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Ex-Deyaar CEO 'on hunger strike' in Dubai jail

May 21, 2012
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US businessman Zack Shahin has been in detention for four years on corruption claims (read more here…)

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Beware of Bogus Property Rentals and Tenants with Too-Good-to-be-True Offers

May 21, 2012
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DUBAI, UAE, May 14, 2012 /PRNewswire/ –Western Union OffersTips to Help Consumers Avoid Becoming Victims of Property Rental ScamsYou have scoured hundreds of online classifieds looking for the perfect … (read more here…)

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US businessman jailed since 2008 in Dubai corruption probe goes on hunger strike

May 21, 2012
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An American businessman jailed for more than four years in Dubai under suspicion of corruption has started a hunger strike to push for a trial and seek greater U.S. diplomatic pressure in his case. (read more here…)

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Depa Limited – 1st Quarter Results

May 21, 2012
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Depa Ltd: First Quarter 2012 Results Please follow the link below to view the Q1 Financials; http://www.rns-pdf.londonstockexchange.com/rns/7106D_-2012-5-20.pdf – Improved performance on previous year … (read more here…)

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Kuwait- 'Cabinet's decision on pay hike unfair towards KPTC workers'

May 21, 2012
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(MENAFN – Arab Times) President of Workers Union at Kuwait Public Transport Comp-any (KPTC) Mishal Al-Enezi has demanded HH the Prime Minister Sheikh Jaber Al-Mubarak Al-Ahmad Al-Sabah amend the … (read more here…)

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Abu Dhabi's Sorouh's Q1 profit rises 30pc

May 21, 2012
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DUBAI: Abu Dhabi's Sorouh Real Estate, which is eyeing a state-backed merger with rival Aldar Properties, posted a 30-percent rise in quarterly net profit riding on revenue from government projects and higher rental income. (read more here…)

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Brit woman faces jail over 'drunken taxi romp' in Dubai

May 21, 2012
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London, May 18 : A British businesswoman faces up to three years in jail for allegedly having sex with an Irishman in the backseat of a taxi in Dubai, while she was drunk. (read more here…)

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Dubai brokers reveal top property hotspots

May 21, 2012
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Dubai Marina, JLT, Downtown voted top investment, rental locations in poll of 3,000 brokers (read more here…)

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