Dubai-based developer Damac Properties on Wednesday announced total revenue of AED5.2 billion ($1.4 billion) and net profit of AED1.1 billion ($300 million) for the first nine months of 2018. During t…
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Emaar Development’s revenue soars on Dubai property sales
The company said it now has a total sales backlog of AED38.53 billion, which will be recognised as revenue in the next three to four years. Emaar Development, the build-to-sell property development bu…
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PM Khan’s sister penalised over undeclared Dubai property
Prime Minister Imran Khan’s sister Aleema Khan was penalised on her undeclared property in Dubai after which she paid half of the total cost to the tax authorities, a local media outlet said Thursday. …
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Aleema Khan pays penalty on her undeclared Dubai property
ISLAMABAD: In an effort to avoid imminent legal action for owning undeclared overseas’ assets, Prime Minister Imran Khan’s sister, Aleema Khan, has deposited half of her Dubai property’s total cost wi…
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Dubai’s Emaar Properties reports 29 pct fall in Q3 profit
Dubai’s largest listed developer Emaar Properties reported a 29 percent fall in third quarter profit on Wednesday, below analysts’ forecasts. The developer of the Burj Khalifa, the world’s …
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Dubai’s Emaar Properties reports 29% fall in Q3 2018 profit
The developer of the Burj Khalifa, the world’s tallest building, did not say why profit fell, though Dubai’s property market has been suffering from a prolonged downturn.REUTERS | November 15, 2018, 0…
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From Real Estate to Aviation, It’s Been a Tough Week for Dubai
It’s a week Dubai companies would like to forget. The biggest of them, in real estate and aviation — industries underpinning the economy of the Middle East business hub — posted lower profits. The b…
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Italian pavilion at vod dubai showcases the best of italian creativity, technology and design
Unique designs combining Italian art and technology are on show on a creative wall by A.F.E.M.O Dubai: Stunning jewellery designs are on display at the Italian pavilion at VOD Dubai. Valentina Setta, …
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Dubai set to host Interpol summit for first time
He noted that with the rapid development of knowledge, science and technology, the security landscape is evolving rapidly and becoming more complex and globalised. The event comes at a time when Dubai …
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Asian Cup in UAE to use VAR technology from quarter-finals
Kulal Lumpur: Video review will be used at the Asian Cup in the UAE starting in the quarter-finals. The Asian Football Confederation (AFC) said in September it would use the VAR technology at some …
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Challenges That People Face While Doing Business In The UAE
The United Arab Emirates and its famous city Dubai are known for three things, the rich properties, money and being a business hub. Yes, it is very popular for a business-friendly environment, favorab…
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UAE, Italy discuss enhancing economic cooperation, fighting terrorism
The leaders of the United Arab Emirates (UAE) and Italy on Thursday discussed ways to enhance bilateral cooperation in all areas, including fighting terrorism, the state-run Emirates News Agency (WAM) …
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Golf: Molinari retains control in Race to Dubai
Molinari, who will secure the Race to Dubai title if he finishes in a two-way tie for fifth or better at Jumeirah Golf Estates this week, exuded a sense of calm as he chalked up three birdies on …
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Hamilton faces engine concerns for Abu Dhabi GP
Hamilton, who won the Interlagos race, appears set to either take grid penalties for using a new elements, or complete the Abu Dhabi weekend with an old engine that may have some risk attached to it. …
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Emaar and Noor Bank offer fast track home finance for residents and non-resident buyers with Noor Home special programme
Dubai, UAE: Emaar Development, the global developer, has partnered with Noor Bank, a leading Shari’a-compliant bank in the UAE, to offer an exclusive, fast-track home financing programme for UAE resid…
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UAE’s ADNOC wants to rival oil majors as it expands in refining, gas
15 November 2018, News Wires — Abu Dhabi National Oil Co (ADNOC) will remain wholly owned by the Abu Dhabi government and has no plan to go public, but the firm aspires to compete with Big Oil by expa…
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WATCH: First look inside Dubai’s Bluewaters Island
After a gander along the boardwalk appreciating the views across to JBR beach, we take a few moments to appreciate the sheer scale of Ain Dubai, before hopping on a buggy and making our way across The …
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