Gulf Business brings you all the news from Dubai’s main property event.
The property investment firm is eyeing offices in Oman and Qatar after the region accounts for 18 per cent of London’s purchases.
The investment bank’s shares are down 93 per cent from a 2008 peak.
Experts say that the off-plan market is much better regulated now compared to pre-financial crisis.
The company has no plans to launch an IPO, but may do so in the future.
Master communities such as Palm Jumeirah and Downtown make up 62 per cent of all transactions in Q3.
The company is hoping to finalise an investment before year-end.
Meraas Holding says that its new JBR development will offer an underground car park able to hold 1,200 vehicles.
Zabeel Investments owes about Dhs6 billion to mostly local banks.
Long queues, new projects and big stands signal a good start to Dubai’s main property event.
The Group has set the bar high on the first morning of the property event, unveiling a new community and skyscraper.
The professional networking site will open an office in Dubai to help grow its MENA database.
Ahead of Cityscape, property experts claim the city’s real estate market has recovered this year.
The Abu Dhabi bank is planning a $500 million bond as an existing one to mature in 2017 yields 2.7 per cent.
The date set for banks to reduce their exposure to the government has passed with no word from the Central Bank.
As the region’s largest real estate event approaches, the man behind Cityscape Global says it will be their biggest event post-2008.
In partnership with Deutsche Bank, the new DIFC Forum will open up discussions on doing business in the MENA and Asia regions.
Abu Dhabi’s flag carrier is eyeing further minority stakes in global airlines in continuing bid to compete with local rivals.
Growth in the first eight months of the year at Abu Dhabi’s International Airport jumped 21.5 per cent.
The Dubai-based developer sold its serviced apartments marina asset to Eshraq Properties in the second quarter of the year.
Gulf Business spoke to Toby Simpson, managing director of the Gulf Recruitment Group, to find out the best way to start a new career in the hotly favoured tax-free city of Dubai.
Zabeel Investments allegedly owes $107 million to the Abu Dhabi bank which has filed for legal procedures.
The new tablet-laptop hybrid will be launched in the region next month along with the release of Windows 8.
The changes are in preparation for the UAE firm’s proposed IPO in 2013.
The publisher of the glossy will open the café in Dubai Mall later this year.
NBF will take the international bank’s seat on the UAE rate panel following Barclays’ Libor scandal.
The London-based investment fund has backed online fashion site Namshi just one year after it launched.
FGB has hired five banks for a new benchmark bond, according to sources.