Construction Booms and VAT Looms – Who Loses in This Equation?

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     Construction materials prices rose last year, according to a Dubai Chamber report, even as the slowdown in the property sector continues      The increase in costs plus the decline in property prices, and the introduction of VAT in 2018, means developers are under pressure to maintain their margins A report by the Dubai Statistics Centre, DSC,[…]

New hotel manager for Steigenberger Hotel Business Bay, Dubai

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Steigenberger Hotel Business Bay Dubai has appointed Marijana Mihajlovic as hotel manager to lead and strengthen the commercial positioning of the hotel, as it approaches its third operating year. Mihajlovic brings over 20 years of hospitality experience with her that has seen her work for many respected and well-known international brands across Europe, and the[…]

Bloom Properties Commences Enabling Works of Bloom Towers

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Bloom Properties Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has commenced the enabling works of Bloom Towers, a residential development located in Jumeirah Village Circle (JVC) in Dubai. The developer has appointed National Piling, a leading contracting company with long-standing experience in general construction and civil engineering,[…]

Employees at Trump-brand Dubai golf course often paid late

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Employees at a golf course owned by a company partnering with the Trump Organization go weeks or months without pay in brutal desert conditions, according to a new report. The New York Times reported on Saturday that some employees at the Trump International Golf Club in Dubai are paid just $200-$400 a month in wages that frequently come[…]

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Buhari’s government set to take over ex-First Lady’s properties in Dubai, 21 top Nigerians also affected ▷ NAIJ.COM

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– President Muhammadu Buhari’s government may be making serious moves to confiscate the Dubai properties of 22 Nigerians – The action is reportedly as a result of a set of agreements Nigeria signed with the UAE under the current government – Those affected allegedly include a former First Lady, top politicians and businessmen With the[…]

How treaty signed by Buhari will deal with looters – CACOL

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Centre for Anti-corruption and Open Leadership, CACOL has commended President Muhammadu Buhari’s signing of an extradition treaty with the United Arab Emirates, UAE and agreements with some other countries. Executive Chairman, Debo Adeniran said the signing is auspicious and timely with the background of an expedient need to re-invigorate the anti-corruption drive; it will improve[…]