Buying in blue chip triggers late recovery in Dubai index

Emaar Properties witnessed buying in the last hour of trade, triggering a recovery in the Dubai index. The Abu Dhabi index jumped 1 per cent on buying in banking stocks. The Dubai Financial Market General Index closed 0.32 per cent higher at 3,660.94 ... ( read original story ...)

Real Estate Transactions in Dubai Rose 26% in H1 of 2017

Dubai Land Department (DLD) has released its H1 2017 Transactions Report up until 30th June, through the Real Estate Research and Studies Department, announcing that total real estate transactions for this period reached a value of AED 132 billion ... ( read original story ...)

Dubai Real Estate Transactions Value Hits $36 Billion in H1

Real estate transactions in Dubai, UAE, during the first half (H1) of the year reached a value of Dh132 billion ($36 billion), achieved through 35,571 sales, mortgages and other transactions, according to figures released by Dubai Land Department (DLD). ( read original story ...)

Abu Dhabi gives new deadline as 1MDB misses $600 million payment

ABU DHABI/HONG KONG (Reuters) - Abu Dhabi's sovereign wealth fund ... One such asset sale -- a $1.7 billion Bandar Malaysia property deal that was executed as part of the rationalization plan -- collapsed in May. As part of the agreement with IPIC, 1MDB ... ( read original story ...)

Top Chinese magazine attacks fugitive tycoon over Abu Dhabi deals

Monday’s cover story claimed Guo borrowed US$1.5 billion from the Abu Dhabi backers in 2014 to inject into their ... although most of the property and stocks were already pledged to his Chinese creditors. And instead of investing the money in “financia ... ( read original story ...)

Now You Can Transfer DEWA Account from One Property to Another

Additionally, customers can transfer their deposit and data, when moving from one property to another, within Dubai, by submitting an Ejari contract, without the need to submit any additional documents, or visit DEWA offices. The new service enables ... ( read original story ...)

Shifting houses within Dubai? No need to pay fresh Dewa deposit

Customers can transfer their deposit and data, when moving from one property to another, within Dubai, by submitting an Ejari contract, without the need to submit any additional documents, or visit Dewa offices. The new service enables customers to ... ( read original story ...)

At Dubai’s new market, this fish cutter is a role model

Dubai: In 2008, Abdul Raheem quit his fish cutting job at the ... so much so that he had to sell his property units back home to get his business back on track. “Initially, I did well, but like all businesses you have your share of highs and lows. ( read original story ...)