Members of the new ‘Higher Committee for Real Estate Planning’ will include the General Secretariat of the Executive Council of Dubai, Dubai Land Department, and various semi-government real estate developers.
Emaar Properties on Monday announced it has achieved significant increased property sales underscoring investors’ continued confidence in Emaar brand and recovery of Dubai real estate market.
Dubai’s construction sector is showing tentative signs of a long-awaited recovery. Real estate developers are planning new projects in response to rising property prices buoyed by the emirate’s recovery
The UAE property developers are upbeat about the country’s realty market due to various business incentives launched by the country to draw more investors.
Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded an increase in net profit by 3 per cent during the first six months (January to June) of 2019 to Dhs1.130 billion (US$ 308 million), compared to the net profit of Dhs1.102 billion (US$ 300 million) during the same period
Europe emerged from a double-dip recession in the second quarter with stronger-than-expected growth of 2 per cent over the quarter before, according to official figures released Friday,
European regulators have fined Amazon 746 million euros ($886 million) for data protection violations. Amazon said in a regulatory filing on Friday
Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said on Friday, giving more details on a landmark corporate split it hopes will boost share values.