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Dubai developer Union Properties’ chairman detained amid probe

Last month, the UAE attorney general announced a “major” investigation into alleged financial violations at the company

Biggest Abu Dhabi developer is shopping for large property deals

The company, armed with $1.85bn in capital, has the resources to make purchases both in its home market and around the UAE

Sharjah’s Arada awards Dhs180m contract to build The Boulevard at Aljada

Construction will commence immediately, with completion scheduled by end-2022

Aldar eclipses Emaar as top UAE developer on $8bn deal

The company expects more government projects to come its way

Union Properties approves Dhs400m offer for stake in Dubai Autodrome

The board will continue to evaluate the acquisition of other real estate assets in the UAE

Dubai Autodrome

Union Properties receives Dhs400m offer for a 40% stake in Dubai Autodrome

The company said its board will also discuss the acquisition of other investment real estate assets in the UAE

Dubai developer Nakheel cuts salaries by up to 50%, CEO steps down

The salary cuts range from 30 per cent to 50 per cent for employees earning above Dhs4,000