The Dubai developer Deyaar says it is “cautiously optimistic” about the year ahead despite reporting a 25.8% decline in profits for 2016. The company said it made a net profit of AED 216 million last year, compared to AED 291 million in 2015 …
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ABB inaugurates 315 KW solar power plant in Dubai
The plant, located at the ABB offices in Dubai, is one of the largest of its kind in the region ABB’s new 315 kilowatt (kW) solar power plant, one of the largest of its kind in the region, was inaugurated by Saeed Mohammed Al Tayer, MD and CEO of Dubai …
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Be a fractional owner of a property in Dubai
A property investment scheme has opened doors for ordinary investors to buy a stake in luxury real estate. Known as the fractional ownership method, the scheme allows a much broader cross-section of investors to become part owners of high-stakes …
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Dubai Properties delivers over 3,000 housing units in 2016
Dubai Properties (DP), a leading UAE-based real estate master developer, concluded 2016 with a successful handover of more than 3,000 residential units, supporting one of the city’s leading handover tallies since 2012. The developer’s sought after …
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The Crown Prince of Abu Dhabi arrives as the guest of honour for India's 68th Republic Day celebrations
The Crown Prince of Abu Dhabi and deputy supreme commander of the armed forces of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan arrived on an official visit to India on Tuesday afternoon. The Crown Prince who will be the Chief Guest for …
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UAE property to get pricier: Here is why
* Raising interest rates typically strengthens a currency and the UAE central bank will mirror any moves by the Fed to maintain the dollar peg A stronger dirham value will likely weigh on the UAE’s real estate sector this year, a Dubai-based property …
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Dubai Properties yields over 3,000 units in 2016
DUBAI Properties (DP), a leading Dubai-based real estate master developer and asset manager known for renowned destinations across the Emirate, concluded 2016 with a successful handover over 3000 units, supporting one of the city’s leading handover …
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Dubai Residential Property Note: “Pundits are overlooking the key risks of 2017”
Today, Phidar Advisory released its Dubai residential research note with December data, which is now reported using a 3-month moving average, as well as 2016 year-end data. The report shows nominal movements, but projects further gradual softening.
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UAE’s judicial system, police services ranked best in region
Dubai: The UAE is ranked first in the Arab world and among top 25 countries around the world in 2017 for the efficiency of its judicial system. The National Agenda Index pointed out that the UAE achieved those ranks in the ‘Ease of doing business …
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UAE investments in India likely to go up
manufacturing and energy sectors due to the visit of Abu Dhabi Crown Prince,” Gary Dugan, chief investment officer at Emirates NBD, told Gulf News. He said India has been focusing on developing its manufacturing sector through Make in India initiative …
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UAE contingent to lead Republic Day parade in India
New Delhi: A contingent of 179 UAE soldiers will lead the Indian Republic Day parade this year. The UAE has sent 195 soldiers, 15 officers and 15 support staff. Of these, 144 soldiers and 35 band members will be part of the parade, said Maj Gen Rajesh …
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Dubai airport named world's busiest international airport
DUBAI, United Arab Emirates – Dubai remains home to the world’s busiest international airport after seeing 83.6 million passengers in 2016. However, the figures released on Tuesday by Dubai International Airport fall short of an estimate of 85 million …
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'Emirati troops march in India shows UAE’s love for peace'
it will symbolise the UAE’s trust in India and “our global image as a peace-loving nation,” a former defence official told Gulf News on Monday. “The march will reflect the UAE’s love towards India as way of giving back [for what India gave to the …
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Dubai investigating disabled centre over Kim Kardashian visit
DUBAI, United Arab Emirates — A state-owned newspaper in Dubai is reporting that authorities are investigating a centre for the disabled after it hosted and publicized a visit by Kim Kardashian West. A story in Tuesday’s edition of Emarat Al Youm says the …
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Eshraq Properties : focuses on Abu Dhabi and Dubai projects as construction starts
Eshraq Properties says it is pressing ahead with long-delayed projects in Dubai and Abu Dhabi. The Abu Dhabi-listed developer started initial work on the Dh225 million Jumeirah Rise project in Jumeirah Village Circle in October. It said that construction …
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UAE ranked as world’s most Muslim-friendly destination
Dubai: The UAE is the world’s best place for Muslim tourists, ahead of Malaysia and Turkey, according to new think tank data. Data revealed in the 2016-2017 Global Islamic Economy Report, measured the level of facilities that are Halal — permitted in …
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Dubai firefighters reach new heights as they use JETPACKS to beat the traffic and put out blazes
Firefighters in Dubai are set to become even more like superheros with the introduction of jetpacks. Dubai Civil Defence recently launched the Dolphin, a jetski equipped with a jetpack and fire hose which will allow firefighters easy access to fires on …
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