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Tag: property

Posted on 22/12/2021

550 million pounds divorce settlement awarded to ex-wife of Dubai Sheikh

The ruler of Dubai has been ordered to pay around 550 million pounds (729 million dollars) to his former wife and their two children, in what is thought to be the largest award of its kind ever …
( read original story …)


Posted on 22/12/2021

Home of the Week: This $49 Million Dubai Penthouse Has an Glass-Sided Pool and Three Whole Floors

Part of the stunning new Royal Atlantis development, this 25,000-square-foot triplex is currently Dubai’s priciest condo.
( read original story …)


Posted on 21/12/2021

UAE Joins the Association of Asian Classification Societies

The Emirates Classification Society (TASNEEF), an initiative of the UAE’s Ministry of Defense, announced it has been accepted …
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Posted on 21/12/2021

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 …
( read original story …)


Posted on 21/12/2021

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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Posted on 21/12/2021

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.
( read original story …)


Posted on 21/12/2021

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 …
( read original story …)


Posted on 21/12/2021

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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Posted on 20/12/2021

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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Posted on 20/12/2021

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 …
( read original story …)


Posted on 20/12/2021

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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Posted on 20/12/2021

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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Posted on 20/12/2021

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 …
( read original story …)


Posted on 20/12/2021

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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Posted on 19/12/2021

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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Posted on 19/12/2021

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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Posted on 17/12/2021

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 …
( read original story …)


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