Tag Archives: Akoya

Free Fallin’

Tomorrow (Friday), Emirates will award a massive engine order for fifty of its Airbus 380s to Rolls Royce, in a deal estimated to be worth in the region of US$ 9.2 billion. That being the case, it will be a … Continue reading

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Don’t Call Me!

It seems that Dubai will see its first rainforest, as plans are afoot by Damac Properties to incorporate one in its latest development – Akoya Oxygen, encompassing 55 million sq ft. The developer will try and replicate the eco-system in … Continue reading

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Just Can’t Get Enough

Damac reported a healthy 39% boost in H1 profits to US$ 463 million as revenue jumped 59% to US$ 991 million, with Q2 returns of US$ 253 million and US$ 556 million respectively – both up on Q1’s US$ 210 … Continue reading

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Good Riddance (Time of Your Life)

Dubai Land Department reported that H1 real estate transactions totalled US$ 30.8 billion, of which US$ 14.2 billion occurred in Q2 indicating a slowdown compared to the previous quarter. The 6.9k mortgage deals, totalling US$ 12.9 billion, accounted for nearly … Continue reading

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Tell Me When

Latest figures coming out of Dubai Land Department show that Q1 residential transactions reached US$ 1.28 billion – a 51.6% hike on corresponding 2012 returns. The total number of realty transactions was even more impressive with 14,260 transactions amounting to … Continue reading

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