Archive for March, 2019

Emirates News Agency – DLD signs four MoUs during Dubai Property Festival

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DUBAI, 31st March, 2019 (WAM) — Dubai Land Department, DLD, has announced the successful conclusion of the second edition of the Dubai Property Festival, DPF, which took place at the Dubai World Trade Centre form 26th to 28th March, through which it signed four Memoranda of Understandings with local and international government entities in recognition[…]

Dorchester Collection prepares for Dubai debut | News

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Construction work at the new Dorchester Collection property in Dubai is set to be completed on schedule at the end of next year. That is according to the latest update from developer Omniyat Group. The location will be the first property from the ultra-luxury hospitality in the Middle East. The project was launched by Omniyat[…]

Palmon fund ‘eyeing Dubai industrial, logistics properties’

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UAE-based conglomerate Palmon Group said lead property fund Manrre is now actively targeting logistics and industrial property in robust sub-markets in Dubai such as Jafza, National Industrial Park, Dubai South and Dubai Investment Park in a bid to boost its position as a logistics and industrial REIT (Real Estate Investment Trust). Manrre had recently acquired[…]

Saudi real estate showcase at Dubai property show

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DUBAI: More than 300 priceless items of jewelry from Saudi Arabia, from Bedouin belts to the brooch of a princess, went on display for the first time in Dubai this weekend, telling the story of the Arabian Peninsula as a crossroads of civilizations and influences. The pieces in “Hidden Treasures: Jewelry from the Kingdom of[…]

DLD signs four MoUs during Dubai Property Festival

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Officials during the MoU signing ceremony. Business Bureau, Gulf Today DUBAI: The Dubai Land Department (DLD) has announced the successful conclusion of the second edition of the Dubai Property Festival (DPF), which took place at the Dubai World Trade Centre from March 26 to 28, through which it signed four memorandum of understandings (MoUs) with[…]

Morocco, UAE Ink MoU to Promote Real Estate Investments

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Morocco and the United Arab Emirates signed a Memorandum of Understanding on the promotion and management of investments in the real estate sector. The agreement was initialed on the sidelines of the Dubai Property Festival by Morocco’s State Secretary for Housing, Fatna Lkhiyel, and Director General of Dubai Land Department, Sultan Butti bin Mijrin, reported[…]

Roger Federer set to buy stunning property in Switzerland

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Roger Federer is reportedly building a 40 Million Swiss Franc in Rapperswil-Jona, Switzerland, as reported by Zürichsee-Zeitung newspaper on Wednesday. Federer lives in Valbella, owns property in Dubai and also an almost 6,000 mq. feet ground in Herrliberg on Zurich lake. Federer now bought a 16,000 mq. feet in Kempratner Bay which is near to[…]

Dubai’s long awaited stats showed weakest economy since 2010

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Finance, mining and manufacturing were among the worst-performing industries. No quarterly GDP figures are available for last year. (Photo: Bloomberg) Investors got their first chance in months to size up how Dubai’s economy has fared during a downturn in its bellwether property sector as much-delayed data indicated growth last year was the slowest since 2010.[…]

Chammaa to lead Vida Downtown in Dubai | News

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Emaar Hospitality Group has appointed Nicolas Chammaa to the role of general manager of Vida Downtown. Overseeing all aspects of the hotel, Chammaa will be responsible for the day-to-day operations and in driving the hotel’s strategic growth. He has almost two decades of experience in the hotel business, including at well-known properties in Bahrain, Oman,[…]