Gemini Property Developers, a Dubai-based boutique real estate developer, has announced a 24 percent guaranteed rental returns for the first three years to investors of the Dh300 million Gemini Splendor at MBR City, with handover of the apartment in just …
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RAK Properties sets new benchmark of excellence in Ras Al Khaimah
Arabian Business hosted the Arabian Business Real Estate Awards in Dubai to honour businesses and business leaders who are visionaries and pioneers in real estate. The awards recognise outstanding achievements and accomplishments in the sector which is one …
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Five things to know about Dubai real estate projects completing in 2018
The city’s latest building boom is resulting in a number of projects that will be handed over this year The city’s latest building boom is resulting in a number of projects that will be handed over this year 2 of 6 1. Burj Vista Apartments: Developed by …
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Gulf News subscribers get a surprise on Akshaya Tritiya
Dubai: Indian expatriate Ganesan Mani was planning to buy a surprise gift for his wife — a diamond or gold jewellery — on Akshaya Tritiya for her birthday on Sunday, but the surprise gift came from Gulf News ahead of her big day. Mani was just one of …
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Uncertainty looms over watching the FIFA World Cup in UAE
Dubai: Suspense has been brewing over how to watch the FIFA World Cup in the UAE. Hello Kenna, Appologies for the inconvinince, please note that World cup package is not yet announced for bein channels on du TV, stay tuned and we will announce the World …
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Prabhudeva all set to get the UAE grooving
He prefers to let his dance do all the talking. But in an interview with Gulf News tabloid!, he promised that the show will be one of the most spectacular dance performances of his life. “It will be a night where pure dance will be celebrated… It’s a …
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Dubai Chamber Examines Business Opportunities in Chendgu During Recent Trade Mission
The Dubai Chamber of Commerce and Industry recently organised a trade mission to Chengdu where delegates explored prospects for boosting economic cooperation between Dubai and China’s Sichuan Province. The Chamber-led delegation, represented by top UAE …
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Dubai Islamic Q1 profit surges 16pc to $330m
Dubai Islamic Bank, the first Islamic bank in the world, has posted a net profit of Dh1.211 billion ($330 million) for the first quarter of 2018, up 16 per cent compared with Dh1.042 billion for the same period last year. Total income increased to Dh2.697 …
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Nakheel to sell 1,150 apartments near Dubai’s Dragonmart
MADRID: The property developer Nakheel is set to begin selling about 1,150 apartments in a major tower development to be built at its Dragonmart retail complex on the outskirts of Dubai. The Palm Islands developer is tendering the project, which was …
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Aldar to launch $2.7bn mega project near Dubai-Abu Dhabi border
Aldar Properties has announced the launch of a new AED10 billion ($2.7 billion) masterplan that will incorporate and greatly enhance one of its already established destinations – Alghadeer, which sits close to the border of Abu Dhabi and Dubai.
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Kerzner plans new One&Only property in Dubai
Dubai does it again – One&Only hotel will be part of the One Za’abeel development which has the world’s largest cantilever – it ‘floats’ 100 metres above ground… The group will launch a hotel within the One Za’abeel development, seen as Dubai’s …
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Emaar Properties : Mega-malls? Think ‘village squares and parks,’ says Emaar boss
Mohammed Alabbar, chairman of the Dubai-listed Emaar real-estate company: ‘You should update your business as often as your phone.’ (AFP) The nature of entertainment was also changing fast, he said. “We are designing malls now with parks, music …
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It’s time for digital payments in the UAE
with 69 per cent interested in paying using fingerprint recognition and 56 per cent keen to pay using eye scanning technology. This has led analysts to estimate that the UAE Mobile Wallet Project is expected to see Dh50 billion in payments switched from …
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Abu Dhabi’s Aldar Properties eyes new acquisitions
Aldar Properties plans more acquisitions as it sees opportunities in a slowing property market, its chief executive said on Tuesday. Late last year the Abu Dhabi-based developer bought an office tower in the emirate for Dhs658m ($179m). Read: Abu Dhabi’s …
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Debate over $2tr Aramco IPO valuation hots up
David Hodson, Dubai-based expert in energy finance and managing director of BluePearl Management consultants, said: “There is always a lot of positioning around an IPO. With one this big and important, there are so many more moving parts. In particular …
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VAT relief for gold on the cards in UAE
The UAE’s gold jewellery trade hopes for a surprise in the form … “This means, there will be no actual payment of VAT on business to business transactions. Under the Reverse Charge Mechanism, there will only be documented entries of five per cent VAT …
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Transforming trash into treasure at World Art Dubai
Dubai: A Dubai resident known for wearing every piece of trash she generates is reinforcing her message this month to reduce waste by showcasing her recycled artwork at the World Art Dubai exhibition. Opened on Wednesday, the exhibition taking place at …
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