DUBAI (Reuters) – More than 20,000 Pakistani workers stuck in the United Arab Emirates are seeking to return home, as the Gulf Arab state tightens restrictions due to the coronavirus outbreak. The UAE, which has reported 1,799 coronavirus cases and 10 deaths, has gradually increased curbs, including imposing a nationwide curfew, suspending passenger flights and[…]

The chairman will receive a 100% salary cut, while the senior management will see their salaries slashed by half. Emaar, Dubai’s leading real estate developer, has announced a reduction of salaries across the board, ranging from 15 to 50 per cent amid the precautionary measures against the Covid-19 coronavirus. Emaar chairman, Mohamed Alabbar,[…]

You are now following the details of the Sharjah Chamber urges property owners to reschedule rental payments due to COVID-19 news and now we leave you with the details Mohamed Nass – Dubai – The Representative Committee of the Real Estate Sector Business Group of the Sharjah Chamber of Commerce and Industry, SCCI, has called[…]

Dubai Culture & Arts Authority (Dubai Culture) has announced a package of measures to ease the financial challenges of tenants in its cultural and heritage properties. The measures, which aim to help its tenants ease challenges in the current economic environment, include exemptions and grace periods, effective from March 15. The measures complement the support[…]

Tourists at Bur Dubai Museum Area Image Credit: Atiq Ur Rehman, Gulf News Dubai: Dubai Culture and Arts Authority (Dubai Culture) have announced a package of measures to ease the financial challenges of tenants in its cultural and heritage properties. The measures, which aim to help its tenants ease challenges in the current economic environment,[…]

It’s Time for Home Buyers to Drive a Hard Bargain Uncertainty has opened a window for investors and end-users alike to cut a deal that would have been difficult or impossible only two months ago. Read More BY THE NUMBERS  TRENDING TODAY  LISTING OF THE DAY  Jon Bon Jovi’s 18,000-Square-Foot New Jersey Mansion Comes Complete[…]

Share Tweet Google Plus Share Email Properties Investment (PI),  a Dubai Investments joint-venture company engaged in the investment and development of real estate properties, has announced a 3 month rent relief as a goodwill gesture for all retailers within ‘The Market’ – a dedicated retail avenue, located in the Green Community, Dubai Investments Park. In[…]

What occurred: Germany and Italy prolonged their lockdown till after the Easter vacation and April 19 respectively. Eighty p.c of the US financial system is in lockdown. President Trump reiterated that the subsequent few weeks can be very troublesome. Whereas the worst continues to be to return for the US, the trajectory appears to be[…]

Al precautionary measures taken to disinfect mall to contain Covid-19 spread. Properties Investment (PI) – a Dubai Investments joint-venture company engaged in the investment and development of real estate – has announced a 3-month rent relief for all retailers within ‘The Market’ – a dedicated retail avenue, located in the Green Community, Dubai[…]

Nakheel also announced free rent for customers. Dubai developer, Nakheel, has embarked on a two-week precautionary deep disinfection programme at all 647 residential buildings in its Dubai property portfolio as part of its ongoing commitment to safeguarding public health in the fight against coronavirus, Covid-19. Taking place until April 12, the exercise covers[…]