ED to approach six countries for details on Vijay Mallya’s properties
The Enforcement Directorate will now approach six countries — the United Arab Emirates, the US, France, Singapore, Ireland and Mauritius…
Property & Real Estate
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Dubai's Nakheel chases Emirati investors with special deal
Developer Nakheel is encouraging UAE nationals to invest in the Dubai property market with an exclusive scheme that requires just…
Banking shares fall, bucking global trend in UAE, Kuwait
Gulf stock markets were mixed on Thursday, with banks in the United Arab Emirates and Kuwait generally weak despite a…
Dubai property prices down 20% on end-2015
Dubai property prices are now at levels not seen since late 2012 and early 2013 following an 18-month slide in…
Dubai’s Emaar Properties appoints new group CEO
Dubai developer Emaar Properties has appointed Amit Jain as its new group CEO, it announced on Wednesday. In a…
Dubai a second-home hub for multi-millionaire
Dubai ranks among the top five second home hotspots for the world's multi-millionaires, according to New World Wealth, a wealth…
Texas Firm Raises $147M on Israeli Bond Market
Dallas-based Encore Enterprises became the latest U.S. real estate company to successfully issue debt on the Tel Aviv Stock Exchange…
Qatari investors rush to sell Dubai properties as deadline for them to leave looms
Property brokers in Dubai are reporting a rush in sales from Qatari investors attempting to get their assets out of…
Qatari banks fall after UAE red flag, Dubai's Emaar climbs
Shares in Qatari banks fell in early trade on Sunday after the central bank of the United Arab Emirates ordered…
Gulf crisis: Boris, London and the Qatari billions
The UK foreign secretary, Boris Johnson has called for Qatar to do more to clamp down on extremism, in what…
Middle East Gets Its First Hospitality REIT Worth $570 Million
Real estate development and hospitality group FIVE Holdings has launched the region’s first hospitality-focused real estate investment trust worth $570…
Dubai homes lag offices in green initiatives
Despite its restrictive climate, the UAE is making big strides in its sustainability drive. The nation ranks among the…