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.
Qantas’s “flight to nowhere” is one of the fastest-selling in the airline’s history, with all tickets snapped up in 10 minutes. The Australian flag carrier decided to launch a seven-hour scenic route around the country,
US consumer sentiment increased in early September, with Democrats more upbeat about the economy’s outlook compared to Republicans ahead of the Nov. 3 presidential election.
To the tune of Dhs43.13 billion in cash dividends for 2019 have already been paid out by Abu Dhabi Securities Exchange and Dubai Financial Market to more than 700,000 investors