Dubai’s property sector will sustain a positive momentum in the second half of 2021 as visa reforms, successful Covid-19 vaccination plan and government measures to support the economy spur demand and...
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Demand for private jets is on the rise due to restrictions on international flights, but buyers have limited options to acquire aircraft from the secondary market as the pre-owned jet fleet ...
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Dubai house prices will rise for the first time in six years this year, supported by a swift vaccine rollout that has lifted hopes for an overall economic recovery, according to a Reuters poll of prop...
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The rally in Dubai’s residential property prices isn’t stopping anytime soon, according to Morgan Stanley.“Robust demand, peaking supply growth and long lead times for new projects could lead to a tig...
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Dubai: A surge in loan impairments caused by the impact of COVID-19 and an economic slowdown resulting from low oil prices have seen a sharp decline in profits for UAE banks in the first half of 2020....
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Emaar Properties and DIFC Investments are cut to BB+ by ratings agency on expectations the economy will shrink in 2020London — S&P Global Ratings has warned that Dubai’s economy is set to shrink 1...
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Dubai: Developers in Dubai have only a month left to start invoicing all service charges on ready properties through the Dubai Land Department’s "Mollak” electronic records. In other words, w...
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Last month set a record for the most Dubai property sales since 2008 with close to 5,000 real estate transactions, according to Dubai Land Department statistics compiled by real estate portal Property...
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DUBAI (Reuters) - The chairman of DAMAC Properties (DAMAC.DU) said on Thursday property developers should refrain from launching any new residential projects in Dubai for at least a year in order to k...
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“A man is a teller of tales,” wrote Jean Paul Sartre. “He lives surrounded by his stories, and the stories of others; he sees everything that happens to him through them.”The tale of deflation in Duba...
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Dubai: The Dubai’s Department of Economic Development, DED, issued 4,057 new licences for various professional, commercial, industrial and tourism activities in September 2019.According to the Busines...
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Dubai: Deyaar Development on Thursday announced its financial results for the nine months ended 30 September, 2019. The company reported revenues of Dh483.3 million, an increase of 3.6 per cent compar...
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Staff ReportDubai: Provisions totalling Dh661 million made last year was one of the prime reasons behind Deyaar’s accumulated losses of Dh1.54 billion, the Dubai based developer said in a statement on...
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The Department of Economic Development (DED) announced the release of the ‘Dubai Economic Report 2018’ on Saturday.The report reviews the major macro- and sectoral level economic developments and grow...
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