Industry News

Indian realty finally gets a reason to cheer

August 24th,2016

Buyers are starting to come back and there is less of unsold inventory as a burden

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Now at No. 2: Dubai climbs notch higher among world’s cities with most-improved liveability

August 18th,2016

Dubai tops Middle East cities in liveability over last 5 years, second most-improved in liveability globally

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Dubai becomes more affordable

August 14th,2016

Dubai’s total annual cost per employee of living and working accommodation stood at $53,913, a decrease of seven per cent since December

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Reinvention is the secret to the UAE’s great success

August 8th,2016

In many conversations during trips home to New Zealand or abroad in some exotic destination, when someone learns that I live in Dubai I find myself fielding a familiar question: “What does the UAE make?”

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Will the UAE real estate be affected by Brexit

August 7th,2016

Britain has decided not to invoke Article 50 until the end of 2016, and the country still has two years to negotiate its withdrawal.

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Dubai property on track for turnaround

July 26th,2016

Additional investment into Dubai in preparation for Expo 2020 will gradually start to impact the property market in 2018.

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Dubai ranks among top 10 green cities

June 23rd,2016

Dubai has been ranked among the top 10 global cities for green building, according to a recent white paper published by Solidiance, a management consultancy firm focused on Asia.

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UAE’s per capita GDP stays high

June 16th,2016

The UAE remains in the highest category for per capita GDP (gross domestic product) in purchasing power parity terms, although nominal per capita income has declined markedly in 2015 across all oil-exporting nations as a result of lower oil prices, Moody’s Investors Service said.

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Private wealth in UAE may grow 10.7% to reach an estimated $1 trillion in 2019

June 16th,2016

The UAE is on course to witness an exponential growth in the number of millionaires living in the country by 2025, according to the latest study published by New World Wealth. The UAE, hosting a total of 72,000 high net worth individuals (HNWIs) as of 2015, will record the fourth fastest growth in millionaire population […]

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Meydan raises Dh1b Islamic financing

June 12th,2016

Dubai’s Meydan secures Dh1bn funding for new projects. Company raises Dh700mn from sukuk, Dh300mn from term facility.

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