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Mismak Properties, Shangri-La Group ink hotel management deal

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UAE-based Mismak Properties has signed a new operating agreement with Shangri-La Group for the management of Shangri-La Hotel, Dubai.   Mismak Properties added the 42-storey tower on Sheikh Zayed Road to its property portfolio earlier in 2020, with the Hong Kong-based Shangri-La Group continuing to operate the hotel.   Jasim Al Ali, CEO of Mismak[…]

Bloomingbird showcases property knowledge and expertise – News

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Bloomingbird Real Estate is one of the fastest-growing award-winning real estate company in Dubai and Istanbul, serving clients since 2017. Bloomingbird came into existence by an industry veteran and managed with a team of industry experts with an extensive local and international market experience. The organisation offers clients a distinguished array of services, ranging from[…]

Court sends Maina to prison

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The trial judge, Okon Abang of the Federal High Court, Abuja, has ordered that the ex-chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, be remanded at the Kuje Correctional Center pending the conclusion of his trial. On Friday, Mr Maina’s counsel, Francis Orusanya, withdrew from the case thereby compelling his new counsel, Abel[…]

Maina extradited, EFCC alleges suspect bought US, Dubai property – Punch Newspapers

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Adelani Adepegba and Ade Adesomoju THE Nigeria Police Force, on Thursday, extradited the former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, from Niamey, Niger Republic. He was flown to the Nnamdi Azikiwe International Airport, Abuja, aboard an NPF jet that landed at 2.17pm. The fugitive, who jumped bail in September, was apprehended[…]

Maina bought $2m property in Abuja, others in Dubai, USA

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The trial of Abdulrasheed Maina, former chairman, Pension Reform Task Team, (PRTT) continued on Thursday at the Federal High Court, Abuja. The prosecution witness nine (PW9), Rouqayyah Ibrahim told the presiding Judge, Justice Okon Abang how Maina acquired properties in Dubai, United Arab Emirate, United States of America, and a $2million (Two Million USA Dollars),[…]

Should UAE’s construction industry and developers start worrying about 2021?

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Project sites around the UAE will have to keep a close watch for a cost escalation from early next year. Building material prices have already gone up, especially on imports. Image Credit: Virendra Saklani/Gulf News Archives Dubai: UAE’s construction costs are starting to hit the roof, as building materials, especially imported ones, suddenly turn expensive.[…]