DUBAI — Apartment rental rates remain unchanged during December, as people are unwilling to move over the holidays unless they have no choice due to end of tenancy, a survey by the Khaleej Times and property management company Asteco observed.
DUBAI — Apartment rental rates remain unchanged during December, as people are unwilling to move over the holidays unless they have no choice due to end of tenancy, a survey by the Khaleej Times and property management company Asteco observed.
DUBAI — The opening of Burj Khalifa is not likely to bring down property prices as an investor in the iconic tower would more inclined to have a longer investment horizon and would wait until the market recovers, a leading property analyst said.
ABU DHABI — The Securities and Commodities Authority, or SCA, and Abu Dhabi’s Department for Economic Development, or DED, have agreed to coordinate with each other before issuing and renewing licences to share brokerage firms in the emirate.
ABU DHABI — The Abu Dhabi Tourism Authority, or ADTA, which manages the emirate’s tourism industry, is unlikely to enforce any rent caps for hotel rooms in Abu Dhabi this year, in view of the increased availability of rooms.
DUBAI — DP World Ltd, a subsidiary of Dubai World, announced on Monday that it had paid coupon and profit obligations on its sukuk and a bond issue on time, and said it would press ahead with its $2.5 billion London Gateway and Logistics Park project.
DUBAI - In a year that posed many challenges for the global airport retail sector, Dubai Duty Free has bucked the trend by announcing record annual sales of Dh4.1 billion ($1.140 billion) for 2009, representing a 3.76 per cent increase over the previous year.
DUBAI - The 32-day long Dubai Shopping Festival 2010 is set to open on January 28 and is likely to surpass the impressive results of the 2009 edition, the Dubai Events and Promotions Establishment, or DEPE, said on Sunday.
DUBAI - The Dubai Financial Market, or DFM, attracted Dh1.407 billion foreign investment in 2009 despite a challenging year for the bourse due to the global financial crisis.
DUBAI - The Sharjah Commerce and Tourism Development Authority, or SCTDA, has released its international promotional tour itinerary for the year 2010.
DUBAI - Dubai Islamic Bank, or DIB, launches a new Shariah-compliant insurance product that provides accidental cover of Dh100,000 at low annual premium.