Market maturity and developers responding to buyer demand are key to the evolution of Abu Dhabi’s real estate market, according to an industry expert. Speaking at Cityscape Abu Dhabi’s conference, …
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Expats can now own freehold property in Abu Dhabi zones
Abu Dhabi government, in a landmark move, has declared that all foreigners will be entitled to own the freehold of land and properties which they purchase in investment zones. Previously, this was …
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Aldar properties endorses new law allowing land ownership for foreigners
Abu Dhabi, UAE: Aldar Properties PJSC (‘Aldar’) endorses today’s highly significant announcement by the Government of Abu Dhabi that henceforward, all foreigners will be entitled to own the freehold …
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Dubai Investments distributes 10% cash dividend
Dubai Investments PJSC [DFM: DIC], the leading diversified investments conglomerate listed on the Dubai Financial Market, has decided to distribute 10% cash dividend to its shareholders for the …
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UAE Banks Federation explores opportunities with Italy
DUBAI, 17th April, 2019 (WAM) — The UAE Banks Federation, UBF, has discussed bilateral relations between the banking sectors of the UAE and Italy, and explored mutual opportunities for their …
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Abu Dhabi expected to deliver 11,000 new homes in 2019
The medium to long-term outlook for Abu Dhabi’s real estate market is encouraging despite downward corrections and new supply, according to a new report. Chestertons said the future is brighter thanks …
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Finablr’s $200m IPO to be completed by mid-May
The initial public offering of Finablr, the UAE-based holding company behind payment and foreign exchange brands UAE Exchange, Travelex Holdings and Xpress Money, will allow the firm to scale up its …
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Business travellers in the UAE now want agent advice, digital solutions and hybrid support, according to new research
64 per cent have used voice search when researching their next business trip 61 per cent have researched and booked their business trips entirely on their smartphone United Arab Emirates, Dubai: Tech …
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Understanding what tech-savvy UAE business travellers want
Tech-savvy business travellers in the UAE now want agent advice, digital solutions and hybrid support delivered throughout their travel experience, according to Travelport’s Digital Business Traveller …
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South Africans in the UAE must prepare for new ‘expat tax’
The owner of a small Dubai medical business, he has already cut off most of his financial ties to South Africa, having closed bank accounts and sold property many years ago. Yet Mr Keast — as well as …
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Year-On-Year increase for Nando’s Delivery Business
Nando’s UAE today reported a strong start to the year as they increased the amount of delivery business from Q1 in 2018 to Q1 in 2019 by 16% – a total of 22% of their total revenue. George Kunnappally …
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Business France hosts energy digitization meet in UAE
Business France jointly with Evolen and the French Business Group recently hosted the 4th annual UAE France Oil and Gas Connecting Days focusing on digitalization, energy efficiency, new technologies …
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Dubai’s Boxbay: DP World reveals smart container handling system ahead of Expo 2020
The companies announced “Boxbay”, a new and ‘smart’ shipping container storage system that will be ready in time for the Dubai Expo 2020 … are key aspects of the ports and terminals business and the …
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Dubai’s Emirates NBD CFO Subramanian to leave after 9 years
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Saudi Arabia unveils Expo 2020 Dubai pavilion
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Dubai property prices down 27% compared to mid-2014 – report
Dubai’s net yields averaged 5.5 per cent … a record 486 property companies and real estate brokerages that were in business in 2017 did not renew their licences for 2018.
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Finablr’s $200m IPO expected to be complete by mid-May
The initial public offering of Finablr, the UAE-based holding company behind payment and foreign exchange brands UAE Exchange, Travelex Holdings and Xpress Money, will allow the firm to scale up its …
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