Dubai – Mubasher: Damac Properties has mandated banks for the sale of a US dollar-denominated debt, Reuters reported on Monday. The company has a $100 million sukuk issue maturing on 21 March and a $650 million sukuk issue maturing in 2019, the news agency …
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wasl Launches Karama Bazaar
wasl Asset Management, one of the largest real estate development and management companies in Dubai, has announced the launch of wasl Karama Bazaar, which will provide free stalls for Emirati small business owners. The event will be hosted at the Karama …
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Claims the design of new iconic skyscraper, the Dubai Frame, was stolen
“What do you do when the independent government agency trusted by the ruler of Dubai to regulate and monitor the real estate developer’s performance actually participates in a cover-up operation that deprives investors of their rights?” Oye sai
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Noor Bank partners with DAMAC Properties to offer home financing on select luxury residential units
The real estate industry represents one of the main pillars of the … on 4 February at an exclusive event at the DAMAC Hills Sales Center in Dubai. In addition to preferential pricing, the bank offered personalised service, discounted processing fees …
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Danube Properties unveils $82m project in Dubai
Dubai-based developer Danube Properties launched today its new $82m (AED300m), G+4 realty project called ‘Resortz’. The development project, planned for Dubai’s Arjaan neighbourhood, will consist of 444 units – 25 of which will be retail shops …
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DAMAC Properties Dubai (DAMAC:DU) Heffx Trading Outlook
Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 2.87. The projected lower bound is: 2.66. The projected closing price is: 2.76. A big black candle occurred.
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Dubai Real Estate News: Jumeirah Central
Jumeirah Central, Dubai’s new urban mixed-use district, will make its international debut at MIPIM 2017, the annual gathering of the world’s most influential international property players. Master planned by Dubai Holding, the global investment holding …
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Deportation, Dh250,000 fine for Facebook abuse
The Court of First Instance in Dubai issued the verdict against the man in absentia for misusing information technology means, according to a notification of judgement seen by Gulf News. The court has also ordered to delete the related photos and close the …
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UAE airlines likely to see falling profits this year: IATA
ABU DHABI (Reuters) – The profitability of airlines based in the United Arab Emirates, the Middle East’s main aviation hub, is likely to fall this year amid limited growth in demand, the head of IATA said on Tuesday. The UAE is home to Emirates …
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UPDATE 1-Profit of UAE airlines will likely fall this year: IATA
ABU DHABI, March 14 The profitability of airlines in the United Arab Emirates, one of the Middle East’s two big aviation hubs, is expected to fall this year, the director-general of the International Air Transport Association (IATA) told reporters on Tuesday.
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Dubai man arrested for feeding cat to dogs in horrific viral video
Dubai Police have arrested the man behind the horrific viral video, showing him feed a cat to dogs. Major General Khalil Al Mansouri, Director of CID confirmed that police arrested the man who posted a video on social media showing him feed a live cat to …
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UAE to purchase amphibious infantry fighting vehicles
March 13 (UPI) –The military of the United Arab Emirates is purchasing 8×8 infantry fighting vehicles from Al Jasoor, a joint venture by Tawazun and Otokar Land systems UAE. Otokar of Turkey, owner of Otokar Land Systems UAE, said the number of vehicles …
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UAE Road Safety Monitor delivers encouraging perception trends
Coinciding with the 33rd Gulf Cooperation Council (GCC) Traffic Week, the fourth cycle of the UAE Road Safety Monitor delivered encouraging perception trends that showed the UAE’s roads had become safer overall. The driving experience has improved …
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UAE, India cooperation discussed
UAE news agency (WAM) said that the two sides reviewed results and steps approved by the two countries in light of their recent talks and visits. They also spotlighted regional developments and issues of mutual interest. A H N BNA 1621 GMT 2017/03/13
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Dubai man arrested for feeding cat to dogs in…
Dubai Police have arrested the man behind the horrific viral video, showing him feed a cat to dogs. Major General Khalil Al Mansouri, Director of CID confirmed that police arrested the man who posted a video on social media showing him feed a live cat to …
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Boost to Bahrain-UAE ties
Abu Dhabi, Mar. 14 (BNA): His Highness Shaikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, held an official discussion session with HRH Prince Salman bin Hamad Al Khalifa, Crown Prince of …
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'Man feeds cat to dog' video sparks outrage in UAE
Residents in the UAE have reacted in outrage following a sickening video that went viral on social media showing a live cat being fed to dogs. The shocking video, which appears to be shot somewhere in UAE, has seen thousands of people react in anger …
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