A view of Dubai. COVID-19 interrupted the process of steadily building the sector. Kamal Kassim/ Gulftoday
MAG Development”, the real estate arm of the MAG Holding Group, has confirmed that all of its current and future projects and plans, will be in line with the UAE’s year of getting ready for the next 50 years plan in 2020.
Over the medium to long-term, investment in UAE real estate sector is likely to be a huge earning opportunity, in view of relatively strong US dollar and positive outlook of oil price.
The UAE property sector has got more strength after the government and the central bank announced various economic packages and incentives to mitigate the impact of Covid-19.
Britain’s treasury chief on Wednesday announced an additional 65 billion pounds ($91 billion) of support for an economy ravaged by the coronavirus pandemic, extending job support programs and temporary tax cuts to help workers and businesses in his
China is set to unveil a new five-year plan and other socioeconomic targets for 2021 when its annual meeting of parliament, the National People’s Congress, begins on Friday. China expected to propose a hike in the military budget as tensions mount.
Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade. “I am totally convinced there will be no