His expertise grew as the business continued to win and deliver more projects across the region. The schemes completed during his time with Atkins included the Dubai Opera House; Bahrain World Trade C…
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Sharjah chapter of fourth PSL gets under way
Sharjah fans, who considers Afridi as their hero and throngs the stands just to watch him, will be delighted to see him in the very first match of the PSL here. Speaking to Gulf News, Afridi has …
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UAE Armed Forces awards $1.33bn deals on IDEX day 3
The UAE Armed Forces has awarded 28 deals worth AED4.87 billion … The total value of deals awarded so far to national and international companies has reached AED16.87 billion, state news agency WAM …
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Dubai Airports unveils new brand for Dubai International
Dubai Airports has unveiled a new brand for Dubai International (DXB) that signifies Dubai Airports’ transition from airport operator to a consumer-led company to elevate the airport customer experien…
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Dubai property deals in a day? Now you can…
Dubai Land Department (DLD) has announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. During the first week of the audit, more than …
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Dubai property prices may fall up to 10% this year: Report
Prices have fallen 25 per cent to 33 per cent in nominal terms since 2014, an S&P report said. Dubai residential property prices will fall another 5-10 per cent this year due to a continued gap betwee…
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Dubai’s ‘Long Decline’ in Property Prices Isn’t Over Yet for S&P
The worst is yet to come for Dubai’s real estate after prices already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has built up even as …
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Dubai real estate market to stabilise in 2020; price declines to continue in 2019
Towers on Shaikh Zayed Road. Dubai’s real estate market could witness a meaningful recovery in 2021. Image Credit: Ahmed Ramzan/Gulf News Archives Dubai: Dubai real estate downturn is likely to …
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Dubai house prices could drop by up to 10% in 2019, says S&P
Property price declines in Dubai are set to continue this year as values have already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has …
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Dubai Home Prices to Fall Further in 2019 on Oversupply: S&P
DUBAI (Reuters) – Dubai residential property prices will fall another 5-10 percent this year due to a continued gap between supply and demand, before steadying in 2020, S&P Global Ratings said on …
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S&P says Dubai home prices to fall further in 2019
DUBAI (Reuters) – Rating agency Standard & Poor’s said on Tuesday it expects Dubai residential property prices to fall further in 2019 due to a continued gap between supply and demand, before a gradua…
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Dubai index ends two-day rally
Dubai: The Dubai index ended a two-day rally driven by better than expected results from Emaar Properties. The Dubai gauge indices entered into a trendless, sluggish trade with low volumes.
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Abu Dhabi Oil Giant Gets Region’s Top Credit Rating From Fitch
(Bloomberg) — Abu Dhabi’s government-owned oil giant was assigned the region’s highest credit rating as the company pursues international investors and seeks to raise new funds from its businesses. F…
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Sharjah to host second phase of PSL 4 on Wednesday
Sharjah wil host second phase of PSL 4 on Wednesday. SHARJAH (Dunya News) – The fourth edition of the Pakistan Super League (PSL) has reached Sharjah and the second phase of the tournament will begin …
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Dubai’s DMCC opens new coffee centre, in talks with major coffee traders
The Dubai Multi Commodities Centre (DMCC) said on Monday it was in talks with more than one major coffee trading house to bring their business to its newly opened Coffee Centre. The Coffee Centre near …
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Dubai Exports unveils ‘Exporters Gateway’
Dubai Exports has launched the ‘Exporters Gateway,’ a knowledge platform that provides vital economic and trade data for the UAE and Dubai as well as information on the most sought-after UAE products. …
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SoftBank invests $200 million in Abu Dhabi fund for European start-ups
The fund will help Abu Dhabi’s state investment company … people briefed on the deal told the Financial Times which first reported the news. Mubadala announced in June that it would create the $400 …
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