The UAE economy has quickly survived the economic impact of the COVID-19, with near-termeconomic growth being strong, underpinned by a rebound in domestic activity, while elevated oilprices support high surpluses in the fiscal and external balances, according to a...
Nine years of fulfilment, giving, and sustainable development reflects the journey of the RentalDisputes Centre (RDC), the judicial arm of Dubai Land Department (DLD), launched according to asystematic developmental journey to achieve social and economic stability for all those...
Real estate transactions in the Emirate of Sharjah during November increased to AED 2.7 billion,compared to a monetary value of real estate transactions of AED 1.9 billion the previous month,according to a report issued by the Sharjah Real Estate...
TECOM Group has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’slegislative framework and ease of doing business attract a high volume of international companiesand investors.The Group is expanding its leasing portfolio to capture...
The Central Bank of the United Arab Emirates (CBUAE) projected the real GDP to grow by 7.6percent this year, instead of its previous expectation of 6.5 percent.In its Q3 Review, the apex bank attributed the upward review to the...
The Department of Lands and Real Estate Regulation in Ajman recorded 1121 real estate transactionsduring the month of November, with a total value of AED 1.4 billion, while the total volume of tradingamounted to AED 794 million, as “Al...
DAMAC Properties is pleased to announce the launch of Cavalli Couture, the propertydeveloper’s latest ultra-luxury branded living experience overlooking Safa Park along theDubai Canal.The exclusive project is a low-rise 14 storey building featuring 70 units comprising 3, 4 and5-bedroom duplex...
Russian investors favouring the UAE’s safety and stability make up the largest buyer group. Dubai, United Arab Emirates, 9 December 2022: Azizi Developments, a leading private developer inthe UAE, has sold upward of 40% of its Beach Oasis development...
The DAMAC story runs in tandem with the UAE’s success storyCompany now employs over 10,000 and touches the lives of hundreds of thousands ofcustomersDAMAC has diversified its portfolio to include data centres, retail and fashion among othersDubai, UAE, 14th...
Aldar Properties (Aldar) and Mubadala Investment Company (Mubadala), an Abu Dhabi sovereigninvestor, have partnered to acquire Al Maryah Tower, a prime Grade A commercial office propertylocated on Al Maryah Island, Abu Dhabi’s premium lifestyle destination and international financialcentre.The transaction...
