Dubai Financial Market jumped more than 2.5% while Abu Dhabi Securities Exchange gained 1.1% in the first hour of trading.
( read original story …)
Abu Dhabi Police arrest two teenagers for stunt driving in the rain
The reckless drivers were held after posting videos of the stunt on social media Abu Dhabi: Police arrested two Emirati teenagers for reckless driving and breaking traffic rules during the Eid …
( read original story …)
Facilio Launches REbuild, A Powerful New Toolkit, to Help Real Estate Owners Confidently Restart Property Operations
PRNewswire/ — Facilio Inc., an AI-driven property operations and maintenance platform, today announced the launch of REbuild, a ready-to-deploy …
( read original story …)
UAE markets open higher as trading resumes post-Eid
The main bourse in Dubai and Abu Dhabi were seen rising on Wednesday, as UAE markets resumed trading after a three-day closure on account of Eid Al Fitr. Dubai Financial Market (DFM) index gained 2.6 …
( read original story …)
UAE stock markets gain as Dubai economy reopens
Dubai Financial Market jumped more than 2.5% while Abu Dhabi Securities Exchange gained 1.1% in the first hour of trading.
( read original story …)
Facilio launches REbuild, a new remote operations toolkit, to help real estate owners safely restart property operations
REbuild from Facilio is the result of a collaborative effort with the CRE industry to rethink property management for the post-pandemic world …
( read original story …)
Union Properties seeks to recover Dh1.5bn in construction-related claims
A fully-owned unit of the developer has initiated arbitration proceedings to get money owed for a project completed a decade ago …
( read original story …)
Dubai developer DAMAC reports second straight quarterly loss, takes large impairment charges
DUBAI, May 27 (Reuters) – Dubai-based DAMAC Properties DAMAC.DU reported a loss for first-quarter on Wednesday, as the developer took more than 182 million UAE dirham ($49.55 million) in impairment …
( read original story …)
Fraudster creates fake online account of Dubai billionaire for donations
Dubai-based billionaire and chairman of Danube Group Rizwan Sajan has lodged a complaint with Dubai Police’s cybercrime department alleging that some fraudster has created a fake online account under …
( read original story …)
Fraudster creates fake online account of Dubai billionaire for donation
Dubai-based billionaire and chairman of Danube Group Rizwan Sajan has lodged a complaint with Dubai Police’s cybercrime department alleging that some fraudster has created a fake online account under …
( read original story …)
UAE real estate to see surge in buyers, says Reportage Properties
This reflects the UAE real estate stability, and the continued demand, especially for distinguished projects that provide high quality services to investors,”said Naser Alkhamees, Reportage Group CEO.
( read original story …)
Reportage Properties nets $71mln in UAE sales within 4 months
UAE-based Reportage Properties has announced total sales of Dh260 million ($71 million) during the first four months despite Covid -19 challenges. The company is presently developing eight projects in …
( read original story …)
Coronavirus: Can’t afford to pay rent in Dubai amid Covid-19? Here’s what you can do
It is understood that you are residing in a rented apartment in Dubai and due to prevailing pandemic you lost your employment in March. Therefore, you have decided to relocate to your home country …
( read original story …)
How Maradona proved such a vital inspiration for Briton in Dubai jail
There is one consolation of the Covid-19 crisis for Peter Margetts, who was jailed in Dubai for nine years for bouncing a cheque when his property development company collapsed during the 2008 global …
( read original story …)
Reportage Properties nets $71m in UAE sales within 4 months
UAE-based Reportage Properties has announced total sales of Dh260 million ($71 million) during the first four months despite Covid -19 challenges. The company is presently developing eight projects in …
( read original story …)
UAE: Interest in the business of property will not disappear
Dubai’s property sector was hopeful about seeing positive growth during the Expo, which has now been postponed to October 2021. When the event does take place, the nation’s real estate industry will …
( read original story …)
Dubai CommerCity to open by year-end
Dubai Commercity, the first of its kind project in the region to cater to e-commerce industry, is scheduled to open by the end of 2020, said a senior official. The Dh3.2 billion project, a joint …
( read original story …)