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Dubai off-plan real estate sales up 118%

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The total number of off-plan transactions in Dubai during the third quarter of 2017 has increased by 86 per cent from the previous quarter, while the value of off-plan transactions was up 118 per cent at Dh4.04 billion. “With reference to off-plan transactions, Dubai’s real estate market has witnessed seasonal peaks and troughs in the[…]

Damac’s nine-month profit hits $626m, sales up 13pc

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Damac Properties, a leading luxury project developer in the Middle East, has reported a net profit of Dh2.3 billion ($626 million) for the first nine months and has also booked sales of Dh6 billion ($1.63 billion), up 13 per cent over last year. Announcing the results, the Emirati developer said its total revenue for the[…]

Fliers fume as flight from Dubai lands sans luggage

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ChandigarhPosted at: Oct 18, 2017, 2:50 AM; last updated: Oct 18, 2017, 2:50 AM (IST) Harassed IndiGo passengers at the Chandigarh international airport on Tuesday. A Tribune photograph Pavneet Singh Chadha Tribune News Service Mohali, October 17 Passengers aboard IndiGo’s flight (6E 56) from Dubai to Chandigarh were left aghast when they[…]

Dubai forum zeroes in on sustainable investment

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Investment Week segment floats ideas on responsible investing, with a number of landmark partnerships signed Dubai: The ‘Sustainable Investment Forum,’ which was held today as part of the ‘Dubai Investment Week 2017’ — organised by the Dubai Investment Development Agency (Dubai FDI), an agency of Dubai Economy — witnessed a number of landmark partnerships and[…]

UAE developer reveals plan for $6.8bn Dubai mega project – Construction,News,UAE,Middle East

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UAE-based Azizi Developments on Tuesday announced a plan to launch a new AED25 billion ($6.8 billion) mega community project in the heart of Dubai. The new project, whose name is yet to be announced, will have a distinctly British feel, with themes and elements influenced by contemporary British culture and way of living, Azizi said[…]

BSE Institute launches market competition in Abu Dhabi- The New Indian Express

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Mumbai, Oct 16 (PTI) The BSE Institute, in collaboration with IBMC Global, has launched the BSE Financial Trading Competition at the Abu Dhabi National Exhibition Centre as a part of the WorldSkills 2017, the world’s largest skill event. The competition will be held up to October 18, across four different asset classes-equity derivatives, bonds, currency[…]