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Monthly Archives: January 2018
American Dream
Following recent bleakish reports by several consultancies on the state of Dubai’s realty sector in 2018, it is refreshing to read that at least one, PropertyFinder, indicating that it is not all doom and gloom. Whilst conceding that 2017 prices … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, Nakheel, UAE
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What About Us?
10% of Dubai’s total land area is to be given over to the Marmoom Reserve project which was launched by HH Sheikh Mohammed bin Rashid Al Maktoum this week. Sponsored by nine government agencies, the unfenced desert conservation reserve will … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Reasons To Be Cheerful
There was a 6.0% increase in the number of Dubai realty transactions to 69k last year, with the value 4.0% higher at US$ 77.8 billion, reflecting the continued growth in the sector. Of the total transactions, the biggest contributor was … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Something Just Like This
VAT kicked off in the UAE – and Saudi Arabia – on Monday, with a standard 5% rate. The country’s coffers are expected to be boosted by US$ 3.3 billion in the first year of operations. Most goods and services … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Different Drum
Following a visit by HH Sheikh Mohammed bin Rashid Al Maktoum, it has been announced that the emirate’s latest tourist attraction – the Dubai Frame – will open on 31 December. Located in Zabeel Park, it has two 150 mt … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Drake & Scull, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, HH Sheikh Mohammed bin Rashid Al Maktoum, Nakheel, UAE
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Fairytale of New York
A new initiative by HH Sheikh Mohammed bin Rashid Al Maktoum sees the launch of the MBR Centre for Future Research. With the aim of carrying out new studies on space science and technology, the facility will initially finance a … Continue reading
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