Dubai: Amid growing concerns its expatriates are pondering … hopes that by affording skilled expatriates the same education and healthcare rights as Qataris and property ownership, it will not lose them and, will not have, consequently, to face …
( read original story …)
MIDEAST STOCKS-Strong Q2 results support Al Othaim, Aldar in otherwise flat trade
DUBAI, Aug 3 (Reuters) – Saudi Arabia’s supermarket and Abu … In Abu Dhabi, shares of the largest listed developer, Aldar Properties, climbed 1.3 percent to 2.37 dirhams after it reported a 5.6 percent drop in second-quarter profit to 620 million dirhams …
( read original story …)
UAE’s Aldar Properties Q2 net profit falls 5.6 pct on lower revenues
The results come against a backdrop of a slowing economy and property market in the oil-rich capital of the United Arab Emirates. Aldar made a net profit attributable to owners of 620 million dirhams ($169 million) in the three months to June 30 compared …
( read original story …)
UAE’s Aldar Properties Q2 net profit falls 5 pct
The results come against a backdrop of a slowing economy and property market in the oil-rich capital of the United Arab Emirates. Aldar made a net profit of 620 million dirhams ($169 million) in the three months to June 30 compared to 654 million dirhams …
( read original story …)
Landmark Qatar Law to Grant Permanent Residency to Expats
They will also be given priority, after locals, for military and civilian public jobs and would be allowed to own property and run certain commercial … analyst with the Control Risks strategy firm in Dubai. It also meshes with Qatar’s public relations …
( read original story …)
How to get a buy-to-let mortgage for a British property if you have moved overseas
Most lenders require the property to wash its face … Sweden Krona, Chinese Yuan/Renminbi, United Arab Emirates Dinar, Saudi Arabian Riyal, Hong Kong Dollar, Kuwaiti Dinar and Singaporean Dollar. The mutual will take a limited amount of earned income …
( read original story …)
28% GST to negatively impact travellers: EIH
Oberoi said a number of managed property would be commissioned during the current fiscal. Two property in Chandigarh and the UAE had been already commissioned.
( read original story …)
Moving house in Dubai? DEWA just made it a whole lot easier…
But now the Dubai Electricity and Water Authority (DEWA) has launched a new service to help. The ‘Move To’ service, allows customers to transfer their electricity and water accounts just by submitting the Ejari tenancy contract for the new property.
( read original story …)
Aldar Properties Announces 5% Increase in Gross Profit for H1 2017
Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, today announced its financial results for the first half of 2017, recording a 5% increase in gross profit to AED 1.29 billion …
( read original story …)
UPDATE 1-UAE’s Aldar Properties Q2 net profit falls 5.6 pct on lower revenues
ABU DHABI, Aug 3 (Reuters) – Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a 5.6 percent drop in second-quarter profit on Thursday amid a double-digit drop in revenue. The results come against a backdrop of a …
( read original story …)
BRIEF-Abu Dhabi’s Aldar Properties Q2 profit falls
* H1 NET PROFIT 1.26 BILLION DIRHAMS VERSUS 1.31 BILLION DIRHAMS YEAR AGO * 1.8 BILLION DIRHAMS DEVELOPMENT SALES VALUE IN FIRST SIX MONTHS WITH 600 MILLION DIRHAMS CONTRIBUTION FROM SUCCESSFUL LAUNCH OF BRIDGES Source:(bit.ly/2wnrRyL) Further …
( read original story …)
Aldar Properties gross profit up 5pc in H1
Abu Dhabi-based Aldar Properties, a leading property development company, has posted a gross profit of Dh1.29 billion ($351 million) for the first half (H1) of 2017, as against Dh1.23 billion in H1 2016, marking a rise of five per cent. The company …
( read original story …)
Aldar Focuses on Mid-Market Properties as Quarterly Profit Drops
Aldar Properties PJSC plans to develop more mid-market residential homes in Abu Dhabi and focus on boosting recurring income, its chief financial officer said after second-quarter revenue tumbled. The builder of the Ferrari theme park posted a 5.7 percent …
( read original story …)
How an investor can ride the Dubai property cycle
Investment. Property. Real estate. Timing. Vocabulary that is eminent in Dubai, and given the expanse of widespread analysis about the real estate market at the moment, there is need to deliberate on the significant phases that Dubai’s realty market is …
( read original story …)
Dubai homes have room to grow
This translates into more choice for tenants and, consequently, lower rents. Property consultants Cavendish Maxwell estimate 30,402 homes to be completed in Dubai by the end of 2017. The break-up is 24,259 apartments, 3,778 villas and 2,365 townhouses …
( read original story …)
Cavendish Maxwell opens office in Oman
Cavendish Maxwell, the UAE-based property consultancy, is strengthening its Middle East presence with the opening of a new office in Muscat, Oman. It marks another key milestone for the firm following the successful relocation of its Abu Dhabi office in …
( read original story …)
Senior Controls and Risk Specialist – Menasa And Partners – Dubai Jobs
Our client is a reputable property developer who is involved in developing prestigious property projects, both commercial and residential within the UAE. They are looking for a Senior Controls and Risk Specialist to join them who will take a leading role …
( read original story …)