The local and foreign investors are upbeat on the capital’s burgeoning market..
Reportage Properties is going ahead on fast track with its projects in Abu Dhabi, mainly in Masdar City and Al Raha Beach. “The company recently completed the delivery of the units at “Leonardo Residence” in Masdar City,
Aldar Properties, Abu Dhabi’s leading property development, management and investment company, has reported a 15% year-on-year increase in revenue to Dhs3.42 billion in the first half of 2019.
The nabbing by Abu Dhabi Police of a bank employee who was planning to make a quick and quiet getaway after stealing Dhs600 million speaks volumes for the efficiency and alertness of the law enforcers in the UAE. The police scuppered all plans of the staffer who must have been conjuring
Ratings agencies Fitch and Standard & Poor’s (S&P) downgraded Argentina’s sovereign debt rating, flagging higher chances of a default in the wake of a shock primary election result that plunged the country into its latest economic crisis.
Turkish industrial production fell for the tenth consecutive month in June, data showed, offering few signs of a pick-up in economic growth as domestic demand remains weak after last year’s currency crisis.
Brazil’s decision to sell dollars on the spot market for the first time in a decade is a sign the central bank (CB) is finally willing to reduce its $385 billion pile of foreign exchange (forex) reserves, analysts said.
A flurry of interest rate cuts by the US Federal Reserve and a host of other central banks marks the broadest shift in global monetary policy since the depths of the financial crisis in 2009, analysts at Fitch Ratings said in a report.