Emaar Properties will waive property registration fees for all residential and commercial sales during the upcoming Dubai Property Festival, the company announced on Sunday. Additionally, Emaar will offer special payment plans for a number of its …
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Dubai cryptocurrency firm denies Alibaba trademark infringement
DUBAI (Reuters) – A Dubai-based cryptocurrency company called Alibabacoin Foundation has rebuffed allegations of trademark infringement brought against it by the giant Chinese online retailer Alibaba Group Holding (BABA.N) in a U.S. lawsuit last week. A …
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United Arab Emirates shares lower at close of trade; DFM General down 0.40%
Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Consumer Staples, Real Estate & Construction and Insurance sectors propelled shares lower. At the close in Dubai, the DFM General fell 0.40% to hit a new 52 …
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Bloom Properties Announces Timely Handover of Faya Phase Four of Bloom Gardens in Abu Dhabi
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has announced the handover of Faya, the fourth phase of its prestigious Bloom Gardens master planned community. Sameh Muhtadi, CEO of …
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Dubai’s prime property prices are more affordable than its global peers
Dubai’s prime residential property prices have been softening, which made the emirate more economical than most of its peers around the world. However, analysts believe the prices are projected to rise, thanks to significantly lower buying costs for real …
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Dh60m Bulgari home is Dubai’s priciest deal for Q1-18
Dubai: A 14,331 square feet Bulgari Resorts and Residences apartment in Dubai sold for Dh60 million was easily the priciest deal in Dubai’s freehold market during Q1-18. Bulgari Resorts Dubai is located on the seahorse-shaped Jumeira Bay Island, a mixed …
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Dubai’s RTA awards $126.6m bus contract
The new buses include features such as low floor access for disabled passengers, “high-end interior finishing”, “roomy seats” and child-designated seating, Wi-Fi services and USB charging ports. Read: Dubai’s RTA launches free wifi on buses to …
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Taxpayer-funded security costs for Trump sons’ trip to Dubai topped $70,000: report
Eric and Donald Trump Jr. Donald (Don) John Trump PETA calling for Trump Jr.’s deportation in billboard campaign Trump’s two eldest sons head to Dubai for business partner’s wedding Trump Jr. attacks YouTube, PETA after shooting MORE traveled to Dubai this …
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A Dh60m Bulgari home is Dubai’s priciest deal for Q1-18
Dubai: A 14,331 square feet Bulgari Resorts and Residences apartment in Dubai sold for Dh60 million was easily the priciest deal in Dubai’s freehold market during Q1-18. Bulgari Resorts Dubai is located on the seahorse-shaped Jumeira Bay Island, a mixed …
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Trump sons’ trip to Dubai costs taxpayers at least $73,000
The trip is for the family business and not related to any government work. Secret Service spokesperson Mason Brayman emailed CBS News in response to a request for comment on the trip: “The Secret Service is conducting a protective operation in the UAE.
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UAE free zone exports exceed $61bn in 2017
There are 37 free zones operating in the UAE that leverage the country’s positioning as a key regional trade and financial hub. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC …
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Sell-on clause settles nerves in Dubai real estate
DUBAI — One of the UAE’s biggest real estate brokerages has introduced a new initiative to settle the nerves of anxious sellers and buyers in the Dubai property market. The All Weather transactional structure launched by fäm Properties eases the …
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Wealth managers redraw business strategy for millennials
Dubai: Millennials, who represent the highest proportion of the world’s population, are a demanding lot, and that has prompted wealth managers to redraw their business strategies. Millennials (people born between 1982 and 2000) are generally chased by …
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Rove Hotels opens 384-room waterfront property in Dubai
Rove Hotels, a joint venture between leading UAE developers Emaar Properties and Meraas, has opened its fifth property for the new generation of travellers in Dubai. Located centrally in Dubai Marina, the new Rove Hotels property, with 384 rooms, stands …
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Dubai residential rents are losing steam
Approximately 3,800 residential units were handed over across Dubai in Q1 2018, estimates Cavendish Maxwell, a real estate consultancy. Around 15,000 units in total will be delivered this year. Landlords in Dubai are offering all sorts of incentives to …
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Hyperloop technology expands to Brazil with new innovation hub
The Hyperloop system is creating a technology that is similar to that of the space technology.” Much like the UAE, the region of Minas Gerais has become a hotbed for innovation, inviting established tech companies like Google and start-ups to thrive with …
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UAE’s Etihad opens Masdar eco-homes for cabin crew
Etihad Airways has officially opened its Etihad Eco Residence, Abu Dhabi’s first purpose-built, sustainable cabin crew accommodation project. The accommodation is the result of a partnership between the UAE’s national airline and the Abu Dhabi Future …
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