Dubai Land Department (DLD) has announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. During the first week of the audit, more than …
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Dubai property prices may fall up to 10% this year: Report
Prices have fallen 25 per cent to 33 per cent in nominal terms since 2014, an S&P report said. Dubai residential property prices will fall another 5-10 per cent this year due to a continued gap betwee…
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Dubai’s ‘Long Decline’ in Property Prices Isn’t Over Yet for S&P
The worst is yet to come for Dubai’s real estate after prices already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has built up even as …
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Dubai real estate market to stabilise in 2020; price declines to continue in 2019
Towers on Shaikh Zayed Road. Dubai’s real estate market could witness a meaningful recovery in 2021. Image Credit: Ahmed Ramzan/Gulf News Archives Dubai: Dubai real estate downturn is likely to …
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Dubai house prices could drop by up to 10% in 2019, says S&P
Property price declines in Dubai are set to continue this year as values have already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has …
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Dubai Home Prices to Fall Further in 2019 on Oversupply: S&P
DUBAI (Reuters) – Dubai residential property prices will fall another 5-10 percent this year due to a continued gap between supply and demand, before steadying in 2020, S&P Global Ratings said on …
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S&P says Dubai home prices to fall further in 2019
DUBAI (Reuters) – Rating agency Standard & Poor’s said on Tuesday it expects Dubai residential property prices to fall further in 2019 due to a continued gap between supply and demand, before a gradua…
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Dubai index ends two-day rally
Dubai: The Dubai index ended a two-day rally driven by better than expected results from Emaar Properties. The Dubai gauge indices entered into a trendless, sluggish trade with low volumes.
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Ahmed bin Saeed lays foundation stone of Rochester Institute of Technology in Dubai
DUBAI, 19th February, 2019 (WAM) — H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority, DSOA, has laid the foundation stone of the new campus of Rochester Institute of T…
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26 IPOs raise over $2.9bn during 2018 in Mena
The IPO was oversubscribed by 5.4 times, making it the most successful IPO in Bahrain in over a decade. Nasdaq Dubai plans to launch futures trading on the MSCI United Arab Emirates equity index in 20…
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26 IPOs raise $2,946mln in 2018 in MENA region: EY
The GCC region recorded a total of 18 IPOs in 2018 valued at US$2,564.6m Saudi Arabia leads in both IPO volume and value in 2018 with 12 IPOs valued at US$1,472.4m Dubai, UAE: In 2018, the MENA region …
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National Bank of Fujairah cements commitment to the trade finance sector by supporting the GTR MENA 2019
the bank aims to drive forward-thinking solutions to the trade finance sector in the region NBF’s contribution represents its growing commitment to supporting businesses in the UAE and its dedication …
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Nasdaq Dubai and Menacorp announce collaboration to raise capital markets investor awareness across MENA
Investor roadshows and other outreach will primarily focus on equity futures Campaign will increase synergies between UAE and regional financial markets. Dubai: Nasdaq Dubai, the region’s internationa…
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UAE hailed for plans to get ready for driverless future
The UAE was found to lead the world on road quality and the change readiness of its technology infrastructure, and also scored highly for its government’s overall change readiness (second). Ravi Suri, …
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Dubai-listed contractor DSI hires C-level specialists to spur turnaround
Dubai Financial Market-listed construction company Drake & Scull International (DSI) has filled three C-level executive jobs in a bid to boost profitability, successfully complete its turnaround, and …
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Abu Dhabi Oil Giant Gets Region’s Top Credit Rating From Fitch
(Bloomberg) — Abu Dhabi’s government-owned oil giant was assigned the region’s highest credit rating as the company pursues international investors and seeks to raise new funds from its businesses. F…
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Sharjah to host second phase of PSL 4 on Wednesday
Sharjah wil host second phase of PSL 4 on Wednesday. SHARJAH (Dunya News) – The fourth edition of the Pakistan Super League (PSL) has reached Sharjah and the second phase of the tournament will begin …
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