Rentals across Abu Dhabi experienced an overall decline in the first quarter (Q1) of 2018, compared to the same period last year, according to a report from dubizzle Property, a leading property platform in the UAE. In its annual Abu Dhabi Property report …
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Properties In Abu Dhabi Are More Affordable In 2018 For Both For Buyers And Tenants
dubizzle Property, the UAE’s biggest and most visited Property platform, reveals its annual Abu Dhabi Property report, comparing price trends from Q1 2017 to Q1 2018. The report reveals a softening in property prices across the capital, providing tenants …
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UAE ends program to train Somalia’s military
… program in Somalia which started in 2014 to build the capabilities of the Somali army,” said the statement on the UAE’s state news agency WAM. About $9.6 million in cash was taken from the UAE plane on April 8, Somali police and government sources …
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Dubai property sales prices will fall further, says property consultant
International property company Chestertons MENA claims the addition of new stock, tough macroeconomic conditions and moderate population growth will place further pressure on property sales prices and rental rates in Dubai. The firm revealed that overall …
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Ex-spy: Daughter of Dubai ruler missing since escape attempt
Dubai’s government and Emirati officials did not respond to … Indian officials told the AP they had no information about the incident Jaubert described. Jauhiainen, speaking at a news conference Thursday in London, said Sheikha Latifa kept repeating …
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Dubai-based firm launches diamond-backed crypto assets
Dubai-based Al Kasir Group has launched three new crypto assets backed by certified diamonds, the company announced on Monday. Al Kasir Group is a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum, and operates Al …
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Dubai’s Q1 real estate transactions hit $16bn
The Dubai Land Department (DLD) has revealed that real estate transactions in the emirate for the first three months of 2018 surged to more than Dh58 billion ($15.7 billion) through 13,759 sales. According to the report issued by DLD’s Department of Real …
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CNBC goes live from Abu Dhabi
Click here to read his Op-Eds One of the least anti-Arab American cable TV networks opens offices in Arab World in Abu Dhabi broadcasting financial news and information to the region. CNBC offers more balanced coverage of Arab and Muslim issues than do CNN …
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Sharjah Children’s Reading Festival kicks off on Wednesday
Sharjah: The latest books, best — selling authors and a range of fun activities await visitors at the 11-day Sharjah Children’s Reading Festival (SCRF) which kicks off on Wednesday at Expo Centre Sharjah. Organised by the Sharjah Book Authority (SBA …
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UAE stops training Somalia’s military after cash seizure
The United Arab Emirates says it will end its military training mission to Somalia after an incident that saw its soldiers assaulted and $9.6 million seized at an airport in Mogadishu. The announcement by the UAE’s Foreign Ministry marks the latest …
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Revealed: Sharjah’s East Village to target younger generation
ARADA has announced the launch of East Village, a new creative residential community targeting the younger generation at the developer’s Sharjah megaproject, Aljada. An urban focal point for creativity and culture, East Village will be home to students …
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After attack, UAE to end Somalia military training mission
DUBAI, United Arab Emirates – The United Arab Emirates says it will end its military training mission to Somalia after an incident that saw its soldiers assaulted and $9.6 million seized at an airport in Mogadishu. The UAE’s Foreign Ministry said in a …
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Dubai records $15.7bn real estate deals in Q1 2018
RELATED ARTICLES: DLD reviews rental law with retail operators | DLD values 8,000 properties worth $78bn in 2017 | DLD completes first phase of building classification project Dubai recorded $15.7bn (AED58bn) worth of real estate sales in the first quarter …
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Dubai property sales prices, rents to fall further
The addition of new stock, tough macroeconomic conditions and moderate population growth are set to place further pressure on property sales prices and rents in Dubai, according to property company Chestertons Mena. Overall sales prices for apartments and …
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Dubai: Chinese firm secures EPC contract for Rashid Solar Park
The Dubai Electricity and Water Authority (DEWA) and ACWA Power, have signed an Engineering, Procurement and Construction (EPC) contract with Shanghai Electric for the Rashid Solar Park 700MW CSP project in Dubai. The project, which is the the fourth …
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UAE rugby season takeaways: Financial issues have been a running theme of 2017/18
Dubai Rugby Sevens – Winners: Dubai Exiles; Runners up: Jebel Ali Dragons West Asia Premiership- Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins UAE Premiership Cup- Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles UAE Premiership …
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Dubai gov proposes fee waivers, mortgage law, SME incentives to boost economy
Dubai has called on government departments to put together a comprehensive reform package with the aim of boosting business confidence and economic growth, according to reports. The plans follow a decision last month to freeze government fees for the next …
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