A UAE-based property developer Azizi Developments has started offering walk-in virtual tours for its property units. The new and interactive virtual property walk-through platform, in line with UAE’s …
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BRI: COVID-19: Chinese property investors expand their horizons
While the coronavirus pandemic is having detrimental effects on the real estate sector across the world, Chinese buyers continue to search the world for good deals although overall deal closings fell …
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Covid-19: Oversupply of property in UAE and long-term consumer confidence
In a post Covid-19 world, the property sector needs to adapt and re-align to meet customer demands and mitigate the long-term effects of the pandemic …
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Abu Dhabi’s new advanced tech council will shift R&D ‘into high gear’
The Advanced Technology Research Council builds on recent progress to spur intellectual property in the capital …
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Abu Dhabi’s NMC Health Seeks Ch. 15 To Shield US Assets
Already facing international probes of some $4.5 billion in undisclosed debt, “aggressive” global creditor litigation and an insolvency action in the U.K., Abu Dhabi-based private health care provider …
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Dubai’s Union Properties subsidiary initiates $408mln claims against main contractor
The company clarified that the subsidiary was the subcontractor nominated by the main contractor to carry out works for a major project in Dubai …
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Profits of Abu Dhabi’s Aldar decline 39 percent in 2020 starting quarter
Real estate developer based in Abu Dhabi, Aldar Properties, said on Thursday that it suffered a 39 percent drop in its profits in the starting quarter of 2020 and said that it might delay new projects …
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Manazel reports rise in 2019 profit due to higher revenue
Abu Dhabi-based real estate developer Manazel reported a 4 per cent increase in its profit for 2019 on the back of higher revenue. Net profit for the period ending December 31 climbed to Dh240.6 …
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Dubai’s Union Properties subsidiary initiates Dh1.5 billion claims against main contractor
The company clarified that the subsidiary was the subcontractor nominated by the main contractor to carry out works for a major project in Dubai.
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Union Properties’ unit initiates arbitration procedures to claim $408mln
Dubai – Union Properties announced that one of its wholly-owned subsidiary companies undertook legal procedures to claim about AED 1.5 billion. “The Executive Management will not spare any effort in …
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UAE property owners beware – Developers reclassifying projects will cost them
Dubai in particular saw a wave of ‘hotel apartment’ launches between 2012-25 as developers tried to pull in demand for bigger units, especially from Gulf investors. Image Credit: Gulf News Archive …
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Reopening responsibly: 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.
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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 …
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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 …
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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 …
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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.
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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 …
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