DUBAI - House prices in Dubai have dropped by as much as 42 per cent in the last six months, and are likely to fall further as new supply is coming in amid faltering demand, property consultant Colliers CRE Plc said.
DUBAI - House prices in Dubai have dropped by as much as 42 per cent in the last six months, and are likely to fall further as new supply is coming in amid faltering demand, property consultant Colliers CRE Plc said.
DUBAI - Arabtec Holding has achieved consolidated profits of Dh161 million and consolidated revenues of Dh1,875 billion for the first quarter of 2009, in line with its forecast for the year.
ABU DHABI - Emirates Float Glass, a subsidiary of Dubai Investments PJSC, has launched commercial operations at its manufacturing facility in Abu Dhabi.
DUBAI - Technology company Wavetec on Sunday announced that it will establish its regional headquarters within Dubai Silicon Oasis, or DSO, the region’s premier integrated innovations hub for high-tech industries.
ABU DHABI - Reviving investor confidence will be the major challenge in this year’s edition of the mega property show Cityscape Abu Dhabi 2009 which opens today at the sprawling Abu Dhabi National Exhibition Centre.
DUBAI - Luxury watch manufacturer Hanhart has selected Dubai as a base for establishing its regional headquarters covering the Middle East region.
DUBAI - Sharjah Islamic Bank said its net profit in the first quarter grew by 7 per cent from a year ago to Dh85 million.
DUBAI - Key players in the oil and gas industry are expected to thresh out new concerns confronting their sectors in the 17th Annual Middle East Petroleum and Gas Conference, which kicks off today in Dubai.
ABU DHABI - Abu Dhabi’s Department of Transport, or DoT, has placed an order for 400 city and intercity buses from MAN Nutzfahrzeuge, according to a statement.
DUBAI - Sherwoods Independent Property Consultants will be showcasing its exclusive range of international projects in Dubai, Abu Dhabi, UK, France and India to highlight its participation at Cityscape Abu Dhabi.