The United Arab Emirates is the third most innovative economy in the Middle East and North Africa, according to the 2020 Global Innovation Index. The UAE also ranked in the top 35 countries overall.
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Foreigners own 8.4bln shares in 6 UAE real estate companies worth $5.77bln
The significant rise in the number and value of shares owned by foreign investors in real estate companies followed a surge in their share prices in recent months …
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Demolition of 144 floors of Mina Plaza in Abu Dhabi creates new world record. Watch
The demolition of a 541.44-foot-tall building in Abu Dhabi has bagged a Guinness World Records title. Made up of 4 towers, 144 floors of the structure known as Mina Plaza were reportedly demolished in …
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Dubai’s Nakheel and Spanish RIU Hotels & Resorts chain in JV
DUBAI, UAE – Dubai’s first 4-star beachfront resort opened on Thursday. Located on Deira Islands, 800-room property is a joint venture between local developer Nakheel and the. Labelled Riu Dubai, the …
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Dubai set to break new records with world’s tallest residential tower
Planned 711m-tall tower to be part of Meydan One development, which will also include world’s longest indoor ski slope …
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UAE Building Enters Guinness World Record After Being Demolished In 10 Seconds | Watch
The controlled demolition took place in Abu Dhabi, UAE, where MODON Properties brought down the 165 metre-tall building using explosives in 10 seconds.
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Dubai’s Expo Live to aid social property venture for low-income families
Expo Live was a promise that Dubai Ruler Sheikh Mohammed Bin Rashid Al Maktoum made when the emirate was bidding for Expo 2020, and he has dedicated a $100m fund to support projects with innovative, …
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Dubai, Egypt spearhead Mideast branded residences sector growth
Use Development (Middle East & Africa) section, added, “Marriott International has a strong pipeline of branded residences …
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Abu Dhabi Building Demolished in 10 Seconds, Sets Guinness Record
Abu Dhabi’s Modon Properties just demolished a 144-storey building in the city, setting a Guinness World Record for a building demolished in the least amount of time using explosives. The building was …
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Du and Smart Dubai launches paperless property rental platform
Du and Smart Dubai Government Establishment (SDGE) have launched a paperless property rental platform to automate business processes among four connected UAE entities. Through collaboration with SDGE, …
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UAE’s Deira Islands is finally open with first Riu Dubai resort, splash park
Dubai’s Deira Islands, a cluster of four man-made isles off the coast of Deira, is finally welcoming its first guests, with the opening of the first mega attraction, the 800-room Riu Dubai. A joint …
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DoubleTree by Hilton Dubai M Square Hotel & Residences opens
DoubleTree by Hilton M Square celebrated the UAE’s 49th National Day with a ribbon-cutting ceremony to unveil the property by AWR Rostamani. The hotel is now open to welcome modern business travellers …
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New Record Set, Skyline Changed: 144 Floors Of Mina Plaza In Abu Dhabi Demolished In Just 10 Seconds
144 floors of the plaza were successfully demolished in a record 10 seconds on November 27, reported Gulf News. It has set a new Guinness World Record of ‘tallest building demolished using explosives …
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Dubai real estate deals hit nine-month peak in November
Nearly 4,000 property transactions are recorded last month as sector recovery from coronavirus is swifter than expected …
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Emaar’s Alabbar confirms that it has halted new projects as Covid hits property demand
Dubai’s largest developer is temporarily halting new projects amid a property glut that, combined with the coronavirus pandemic, has shaved nearly a third off house prices in the past six years. “We …
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Is now the right time to invest in property?
Michael Lahyani, CEO and founder of Property Finder, discusses recovery, where to invest, cities rising in investable real estate, prime properties and the challenges we can expect to see in the near …
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Rosewood Abu Dhabi announces appointment of new Executive Chef
Rosewood Abu Dhabi is delighted to announce the promotion of Samuele Baudoino from Executive Sous Chef to Executive Chef, with effect from 1 December 2020. Samuele joined Rosewood Abu Dhabi in 2018, …
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