New Federal Law will grant residency visas to property owners

New federal law granting residency visas to owners of freehold property, regardless of their nationality or the size and value of the property, will...

The Interior Ministry warns of fraud

The UAE Interior Ministry has warned the cellular phone users against heeding unknown sms messages or phone calls, which inform them about wining awards...

Union Properties partners with Emirates Environmental Group

Union Properties PJSC (UP), one of the leading property developers in the United Arab Emirates has signed a Memorandum of Agreement (MOA) with the...

Tabreed announces record results

National Central Cooling Company's 2008 Un-audited Preliminary Financial Results are its Strongest to Date National Central Cooling Company PJSC (TABREED), 'Tabreed' the Abu-Dhabi based...

Recession or Depression?

A recession is defined to be a period of two quarters of negative GDP growth. By definition is a national or world event and...

RERA denies media reports on Dubai real estate market

Dubai Real Estate Regulatory Authority (RERA) has denied receiving a letter signed by 300 real estate investors, developers and advocates expressing their concern over...

Thales to present leading edge government solutions as Platinum Sponsor...

Thales, a leading international electronics and systems enterprise addressing security, aerospace and defense markets worldwide, is once again Platinum Sponsor of the Citizen ID...

Hande Oynar appointed Deputy Editor in Chief of Luxos Istanbul; the...

LUXOS, Your Local Guide to Global Luxury, is proud to announce Hande Oynar as its Deputy Editor in Chief of Luxos Istanbul; the newest...

Bailout actions for the Real Estate Sector badly needed

The United Arab Emirates may be preparing a bailout plan for the real estate industry, said EFG- Hermes, according Bloomberg. After the Government of...

Union Properties ongoing projects on track

Union Properties (UP) said on Sunday it will proceed with its ongoing projects, underlining that there are currently no plans for new developments on...

Emaar Misr makes strong progress on Marassi for on-schedule completion

Structural work of villas and townhouses 80 per cent over Completed first phase of golf course Beach Clubhouse to open this summer Emaar Misr for Development S.A.E,...

Mirdif City Centre ushers in a unique concept in mall design

Residents and tourists in Dubai will experience one of the most welcoming and community-focused shopping malls in the region when Mirdif City Centre opens...

Construction cost currently between Dhs270 and Dhs350 per sq ft

Construction costs in Dubai have fallen by 70.83 per cent from their peak of Dh1,200 per square foot in August 2008 to about Dh350...

Dubai property developers told not to increase services charges

Dubai's Real Estate Regulatory Agency (RERA) has directed property developers in the emirate to refrain from increasing services charges during 2009, without its permission,...

“UAE property prices have fallen off a cliff”

UAE Property - Chill winds rapidly changing landscape In it's latest report Morgan Stanley summarized what the firm considers are the most important developments in...

Construction on Nakheels’ Badrah on schedule

Nakheel has announced it is to build more than 1,000 homes in the Manarah District in Badrah as part of the Waterfront development in...

Luxembourg Government Delegation Impressed with Rak Ftz

Jeannot Krecké, Minister of Economy and Foreign Trade of Luxembourg, was impressed with the policies and achievements of the Ras Al Khaimah Free Trade...

IHG to reduce Environmental Impact

IHG, the world’s largest hotel company by number of rooms, is trialling a new on-line system called ‘Green Engage*’, which will help hotel general...