The Emirates Classification Society (TASNEEF), an initiative of the UAE’s Ministry of Defense, announced it has been accepted …
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Top five staycation destinations in UAE
There are several marvellous staycations on hand at some of the finest hotel and resorts in the UAE during Christmas and New Year. Here are our top five. Caesars Palace, Dubai: With its pristine …
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Ponies, armoured cars and jewellery: What Princess Haya gets from Dubai’s Sheikh Mohammed
Amount to be paid by emir includes a holiday package of £5.1m and £1m for haute couture clothing Princess Haya was awarded a budget of more than £277,000 for the children’s animals, including a horse …
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Ruler of Dubai ordered to pay around £550 million to ex-wife and their children
The financial award, published on Tuesday, is thought to be the largest of its kind ordered by an English court.
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Breaking Travel News interview: James Hewitson, general manager, Anantara World Islands Dubai Resort
Anantara World Islands Dubai Resort is seeking to bring a new level of luxury to the United Arab Emirates. Here Breaking Travel News speaks to James Hewitson, general manager of the property, to find …
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Dubai December real estate sales hit AED610m
Dubai’s property market, hard hit by Covid-19 that brought construction to a standstill while sales stalled amid a global economic downturn, has begun recovering Dubai December real estate sales hit …
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UAE stimulus policies strongly support the real estate sector
The UAE’s policies in dealing with the pandemic including the allocations of $32 billion to overcome the repercussions, had a great impact on the strong growth of the real estate sector. This was …
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Salama is Takaful partner for The Gate properties project
Islamic Arab Insurance Company (Salama) has inked a deal to come on board as the exclusive insurance partner for the ‘In-Between’ project helmed by Abu Dhabi-based real estate firm, The Gate …
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Abu Dhabi’s IHC acquires majority stake in Al Qudra Holding as part of expansion push
International Holding Company has taken a controlling stake in Abu Dhabi-based investment company Al Qudra Holding, as it continues to expand its portfolio of investments across sectors. The …
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Select Group announces UAE’s first Six Senses hotel and branded residential development
The beachfront property on Palm Jumeirah, Dubai comprises 162 ultra-luxury branded residences, a 60-key Six Senses hotel and 60,000 square foot Six S …
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UAE central bank to increase oversight of banks’ real estate exposure
The regulator is introducing an “enhanced framework” that will cover all types of on-balance-sheet loans and investments, and off-balance-sheet exposures to the real estate sector, it said in a …
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Dubai real estate climbs in 2021
Dubai – Transaction volumes are expected to remain high over the first half of 2022 By Muzaffar Rizvi Published: Sun 19 Dec 2021, 2:35 PM …
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David Bonet appointed as Executive pastry chef at Emirates Palace, Abu Dhabi
He joins the Abu Dhabi property after gaining insights and inspiration from an array of markets around the world, including Asia, where he worked with Mandarin Oriental, Bangkok …
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Alpha Dhabi to invest $272m in Abu Dhabi’s Ta’ziz
Alpha Dhabi Holding, a subsidiary of Abu Dhabi’s International Holding Company, is investing Dh1 billion ($272.3 million) in Abu Dhabi Chemicals Derivatives Company, known as Ta’ziz, as part of its …
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Aldar-ADQ consortium to acquire share majority in Egypt’s SODIC
The consortium’s objective is to advance SODIC’s position as a leading national developer by scale and reputation, growing its portfolio of mixed-use residential communities in Greater Cairo, the Nort …
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Bab Al Nojoum Al Mugheirah: a first look at Abu Dhabi’s newest eco-tourism destination
Bab Al Nojoum Al Mugheirah Resort is set within 45 hectares of beautifully managed park and reserve in the breezy coastal town of Mirfa. It’s located 160 kilometres west of Abu Dhabi city, so is a …
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Why size matters as Dubai seeks to continue real estate recovery
The surge in demand is being driven by changing consumer needs when it comes to residential property purchase, said Cyril Lincoln, executive vice president and global head of real estate finance & …
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