Luxury real estate developer DAMAC International is building a Versace-branded 50-storey skyscraper in London. DAMAC International has developed the Trump International Gulf Club Dubai and Trump-branded luxury villas. The prime central London property …
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Expats living in Sharjah freehold property to pay more for power
On Tuesday, officials from Sharjah Electricity and Water Authority (Sewa) provided to Gulf News details about the “freehold tariff” system. There had been queries from affected residents recently who said they were unaware of the system. The standard …
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Abu Dhabi boy murder case: suspect ‘psychologically unfit’
ABU DHABI: There was a twist in the rape and murder case of the 11-year-old boy in Abu Dhabi, when the defense lawyer told the court that the accused cannot commit such a heinous crime and that the suspect would have been psychologically unfit at the time …
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Abu Dhabi warns against behaviour that offends UAE culture, society
The Abu Dhabi Police have issued fresh warning to those indulging in ‘reckless’ behaviour and actions which are offensive to the culture and tradition of UAE society. The warning comes in the wake of a 6-minute-video showing a young woman and a man …
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Property firm owned by Irishman manages $100m in Dubai assets
A Dubai-based property management firm led by Irish businessman Paul Mallee has achieved a milestone of $100 million (€85 million) worth of assets under management and hopes to manage 500 properties by 2020. Maison Prive, founded by Mr Mallee and his …
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Lebanon foiled suicide bomb attack on Australia-Abu Dhabi flight: minister
LEBANON’S police intelligence helped to foil a plot to blow up an Emirati passenger plane bound for the United Arab Emirates from Australia last month, the country’s interior minister said. Nouhad Machnouk said on Monday that four Lebanese-Australian …
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Dubai Business Events gathers momentum
DUBAI — Dubai Business Events (DBE), the city’s official convention bureau, has reported strong results for the first half of 2017, with 97 bids submitted to host business events being successfully awarded to the city. The events secured since January …
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Man seriously injured in scrap warehouse fire in Sharjah
“It was brought under control and the cooling operations at the site are over,” he said. Another official from Sharjah Civil Defence confirmed to Gulf News that the fire was put out by 1:06pm. He said the man who was injured the fire, “was an Indian …
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Abu Dhabi districts see property price dips of up to 16% – report
The price of property in Abu Dhabi has fallen by between 4 and 16% depending on area in the first two quarters of this year, according to a report by Core Savills. Sales prices per square foot fell by 4% in Al Raha Gardens, 9% at Al Reef Villas, and 16% at …
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Bank financing for UAE property increases 6.2% in H1 2017
DUBAI: Bank financing provided to the property and construction sector in the UAE increased by $4.4bn (AED16.5bn) during H1 2017, about 6.2% from the end of 2016. The total bank credit channelled to the sector by the end of June reached $77bn (AED281.2bn …
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Bank financing to UAE property sector tops USD76bn in H1
(MENAFN) Bank financing offered to the property and construction sectors in the #UAE reached USD76.5bn amid the first half of the year, growing by Dh16.5bn. Accordingly, funding offered to the sectors covered 19.3 percent of the whole credit channeled to …
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Man arrested in Dubai after smuggling 5.7M pills in sheep intestines
DUBAI, United Arab Emirates – A state-owned newspaper in Dubai is reporting a man has found himself in a legal mess after allegedly trying to smuggling 5.7 million amphetamine pills into the sheikhdom hidden inside sheep intestines. Al-Bayan newspaper …
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Abu Dhabi husband marries Hyderabad woman, divorces her and snatches away her passport
She travelled to Abu Dhabi after the marriage. She has six daughters and two … She desires to return home,” he said seeking the minister’s help in getting her back to India. Get latest news & live updates on the go on your pc with News App.
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Dubai real estate market sets the pace for renewed growth in the GCC
Dubai – The hottest real estate market in the Gulf is holding up gains from the last half of 2016, records from the Dubai Land Department (DLD) show. Its report for the first six months of 2017 indicates that Dubai real estate transactions totalled about …
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Job losses, income cuts weaken property demand in Abu Dhabi
Contractions in household incomes and workforce redundancies in both the public and private sectors have weakened real estate demand in Abu Dhabi, a new report by consultancy Core Savills has found. The residential sales market in the UAE capital has seen …
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Abu Dhabi: Four detained for YouTube videos
Abu Dhabi: Abu Dhabi Public Prosecution has ordered the imprisonment of three young men and a girl for posting unlawful video clips on YouTube. They were detained for seven days for further investigation, the prosecution said on Sunday. #شرطة_أبوظ …
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NYU Abu Dhabi Researchers Identify Unique UAE Green Alga With Properties That May Provide an Alternative to Palm Oil
Researchers at New York University Abu Dhabi (NYUAD) in collaboration with other groups have discovered that the unique genomic traits that allow local green algae to survive in a desert climate may have far-reaching potential for biotechnical applications.
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