Chinese tourist buying has been subdued since the start of the year, and which will leave its impact on first-quarter numbers for UAE’s retail sector. File picture of tourists strolling through a mall in Dubai. Image Credit: Gulf News Archive Dubai: Economies of the UAE and other Gulf states will be adversely impacted by the coronavirus outbreak[…]
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DP World was the shining jewel among Nasdaq Dubai listings. Its loss will be felt keenly. Image Credit: Supplied Dubai: The privatization move by DP World has been greeted well by investors, given that the Nasdaq Dubai-listed stock had faced alarming declines in recent years. DP World, the port operator with a market value of[…]
Owning your property in the fabulous destination of Dubai has been a dream for many for long. This dream can now be realised with Year 2020 opening up as a good time to invest in Dubai’s slick skyline. Experts and real estate analysts in Dubai have indicated that residential property propositions are offered in plenty[…]
This is not a computer-generated image, but the real deal. Palma’s new Dh55-million suite at the Serenia on the crescent of The Palm Jumeirah is ready for a moving in. Image Credit: Supplied Dubai: There is no such thing as a good or bad time in the property market… not when it comes to selling[…]
Share Tweet Google Plus Share Email Majid Al Futtaim’s latest release of townhouses has sold out just three weeks after launch following exceptional demand among buyers eager to secure a premium three- or four-bedroom property within the developer’s Tilal Al Ghaf community. Launched late last month, the residences, called Elan, were the first to be[…]
Four Seasons Hotels and Resorts has been awarded five-star ratings for all three of its UAE Collection properties in the Forbes Travel Guide for the second year running. The awards reflect the impeccable service, delectable dining and luxurious facilities enjoyed by guests, and represent the highest honour available in the prestigious guide to the world’s[…]
An Arabtec construction site in Dubai. Revenues for the fourth quarter were Dh2.7 billion. Image Credit: Virendra Saklani/Gulf News DUBAI: Dubai-listed Arabtec Holding swung to a 774.5 million dirham ($210.9 million) net loss in 2019 from a profit of 256.3 million dirham in 2018, the construction company reported on Sunday. Arabtec, which was involved in[…]
Arabtec Holding PJSC, whose chief financial officer left after less than 12 months, posted its first annual loss in three years as a property slump in … Source link
Majid Al Futtaim, a leading shopping malls and communities developer and a leisure pioneer in the region, has announced that around 300 three- and four-bedroom townhouses within its Tilal Al Ghaf community in Dubai have been sold out within just three weeks of its launch. Spread over a 3-million-sq-m area at the junction of Hessa[…]
Centre, The Marina 101 Tower in Dubai Marina, Dubai. Image Credit: Photo: Antonin Kélian Kallouche/Gulf News Dubai: Abu Ali Shroff, the founder of Sheffield Holdings Limited, claims he’s still the developer of the Marina 101 tower in Dubai Marina and that banks have not taken over the project, as had previously been reported. Investors have[…]
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