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Posted on 08/04/2018

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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Posted on 08/04/2018

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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Posted on 08/04/2018

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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Posted on 08/04/2018

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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Posted on 08/04/2018

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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Posted on 08/04/2018

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 …
( read original story …)


Posted on 08/04/2018

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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Posted on 08/04/2018

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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Posted on 08/04/2018

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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Posted on 07/04/2018

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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Posted on 07/04/2018

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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Posted on 07/04/2018

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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Posted on 07/04/2018

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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Posted on 07/04/2018

Dubai choir to perform in New York with Grammy-winner

This is a huge accolade and a bucket list item for every member of the choir,” Debra Dixon, Dubai Chamber Choir manager, told Gulf News. The host organisation, Distinguished Concerts International New York (DCINY), first found the Dubai Chamber Choir on …
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Posted on 07/04/2018

Video: Dubai residents show-off cosplay getup

Photo Clint Egbert/Gulf News. — Clint Egbert/Gulf News Many were eager to show-off their cosplay skills, meet celebrities and take part in day-long activities at the Dubai World Trade Center. The Mexican Witch visits the Middle East Film & Comic Con on …
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Posted on 07/04/2018

How Can I Lower My Property Taxes on a Second Home in Dubai?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q. I’m buying a second home in Dubai. I know taxes are low there already, but is there any way to lower them even more? A. With so few taxes in …
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Posted on 07/04/2018

Facebook fallout draws mixed reactions in UAE

Dubai: Social media users living in the UAE say recent revelations … Residents who spoke with Gulf News had mixed reactions to the recent news that private information of nearly 50 million people was sold to a data firm without consent.
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