Industry
Palm Deira is likely to be renamed, one of the sources said.
A mixed-use development in Deira, a Boardwalk and a new beach at Palm Jumeirah will add to Nakheel’s portfolio.
The mega-development will be spread over an area of six million square metres.
New design details for 100-plus storey skyscraper revealed by real estate group at Cityscape Global.
Dubai Properties Group will complete the Palazzo Versace Hotel and the D1 Residential Tower in 2014.
Low-cost carrier charts new commercial flight path with launch of premium services today.
The first half of the year saw Dubai’s residential market sustain positive growth across both the rental and sales sectors.
Gulf Business brings you all the news from the region’s biggest property event.
Four buildings provide guests with more spacious accommodation and a spa.
Abu Dhabi carrier will compete with Emirates for origin and destination and transfer traffic
The Kingdom’s banks are benefiting from a robust economic backdrop.
The used car market in the UAE is a $2 billion business and is growing by 15 per cent year on year, says Saygin Yalcin.
Nakheel World, part of Dubai World and separate to Nakheel, will repay the money to Saudi-owned Al Falak International.
Egypt’s cabinet has flagged a 120 billion Egyptian pound investment programme for this fiscal year.
The massive mixed-use project, called Al Habtoor City, will include three hotels and three residential blocks.
Eleven penthouses, including two VIP penthouses on levels 72 to 74, will offer the height of luxury living at the newly announced Al Habtoor City.
‘The Lagoons’ will have a central business district, an entrepreneurial zone and retail units.
The $3 billion development will offer more than 3,000 hotel and residential units on one plot, set to be completed by 2017.
Nakheel made a net profit of Dhs1.77 billion in the nine months to September 30, versus Dhs1.12 billion in the corresponding period of 2012.
Aramex warns high tariffs are holding back online retail business in the region.
The 316-room DoubleTree by Hilton Abu Dhabi Masdar City will comply with the environmental ethos of Masdar and seek to secure the prestigious ‘Estidama 3-pearl’ rating
The fund will focus on investing in companies across the Gulf, mainly in the UAE and Saudi Arabia.
Real estate veteran Khalaf Al Habtoor says Dubai will quash rivals in November.
The new service will offer the 500,000 Filipino expats in Dubai more travel options during peak periods.
The new scheme will house over 100 mansions and sit alongside an 18-hole PGA Championship golf course.
The UAE is expected to grow strongly owing to the recovery of sectors like financial services and construction.
The lender is planning to hike its paid-up capital by 50 per cent.
The TAQA-operated block is expected to initially produce around 30,000 barrels of oil per day.
The bank said it made SAR998 million in the three months ending September 30.
Average sales prices have also gone up, but there’s no bubble in sight, says Asteco report.