TAQA is now one of the largest companies on ADX. Property developer Wahat Al Zaweya, Agthia, Abu Dhabi Islamic Bank and Methaq Takaful Insurance raised their limits for foreign investors during H1.
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Abu Dhabi’s ADX expects one IPO and listing of an ETF by end of 2020, CEO says
ADX chief executive Khaleefa Al Mansouri said The Abu Dhabi Securities Exchange expects an initial public offering and the listing of an exchange-traded fund in the second half of the year as the …
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UAE: Ever thought to buy property in Spain? We have the answers!
Spain remains one of the most popular destinations for foreigners to buy property, either for retirement purposes, investment income or as a second home. For Europeans, Spain’s varied climate offers …
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Modon begins work on 15 mosques in Abu Dhabi, Al Ain
Abu Dhabi’s Department of Municipalities and Transport (DMT) has begun work on 15 mosques in Abu Dhabi, Al Ain, and Al Dhafra this month, in collaboration with Modon Properties (Modon), a subsidiary …
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fam Properties goes big on Dubai real estate data
Dubai: A data-focussed property portal and app has been launched by fam Properties, offering trends on Dubai sales and other key info. These are based on data churned out by Dubai Land Department. “It …
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15 new mosques to come up in Abu Dhabi
The development has been started by the Department of Municipalities and Transport, Abu Dhabi, in collaboration with Modon Properties, a subsidiary of ADQ mandated by the Government of Abu Dhabi to …
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Dubai homeowners need to gain full control of their assets
Image Credit: Gulf News Archive As a property investor in Dubai, I would start by asking two questions… * How many homeowner associations have been registered since 2007? * Who has the actual …
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Mideast Stocks – Gulf bourses gain ahead of earnings, Dubai’s DAMAC surges
Most major stock markets in the Gulf rose in early trade on Sunday ahead of the usual flurry of corporate results that begins after July 15 each year, with DAMAC Properties leading Dubai shares higher …
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‘That’s why I’m buying a house here’: Dana White says UFC events to continue at Abu Dhabi ‘Fight Island’ until NEXT YEAR
UFC president Dana White has signaled the promotion could extend its stay on Fight Island in Abu Dhabi “easily into next year,” saying he is even looking at buying property in the UAE.
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Polish Up Your Résumé: The World’s Largest Property Owner Needs A New Boss
Blackstone might be the world’s biggest manager of real estate, but ADIA is the largest direct owner, with $62B of its $828B of assets invested in property. ADIA manages the portfolio in-house, and in …
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COVID-19: Shifting houses in the UAE? Here’s how you navigate through a mountain pile of costs!
They should book the moving company one week before shifting house,” said Vijay Kumar, Founder and CEO, MoversZone LLC, an aggregator for moving services. “The cost of moving depends on the amount of …
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Dubai property market set for V-shaped recovery
Real estate sale transactions in Dubai jumped by 60 per cent month-on-month in June 2020 signalling patterns of a V-shaped recovery, according to developers and property experts. Real estate portal …
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Panel probes Magu over alleged ownership of Dubai properties
The PUNCH gathered that the Justice Ayo Salami-led panel was interested in establishing if indeed Magu bought properties abroad, particularly in Dubai, where he was said to have travelled to …
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Mideast Stocks: Major Gulf bourses retreat; Egypt resumes gains
Major Gulf stock markets ended lower on Wednesday, with financials and property shares weighing on indexes in the United Arab Emirates, while the Egyptian bourse advanced on the back of its top lender …
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Post-lockdown, where are Dubai investors buying properties?
Low interest rates and falling prices have convinced a number of property buyers to swing back into action after Dubai ended its lockdown. Total real-estate sales transactions grew by 60 percent in …
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Dubai property service charges – Here’s how it impacts a homeowner!
Now, this is a landlord who has owned property in Dubai through two market upturns and subsequent downturns. The burden of service charges can become quite tiresome for the new cr …
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UAE expats: How easy is it for a non-UK national to buy property in Britain?
If you are not British and you are wondering whether you can own property in the UK, the answer is yes, you can buy property in the UK – even if you do not live in the country. Many expatriates have …
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