Dubai Government launches a USD20 billion long term Bond Programme
As part of its long term financing strategy, Dubai Government today launched a USD20 billion Long Term Bond Program, the first issuance of which,...
UAE amends terms for key lending facility
The United Arab Emirates Ministry of Finance has amended the terms of its liquidity facility for banks, curbing the state's ability to convert the...
Property Sales worldwide fell nearly 60 per cent in 2008
The latest comprehensive report Global Capital Trends™, published by Real Capital Analytics, Inc. reveals that as perceived risk increased and lending decreased throughout 2008,...
BCS welcomes RERA initiatives
1. Freezing of service charges positive step, says BCS CEO
2. Supports introduction of online registration system for Owners Associations
3. Looks forward to full implementation...
Dubai Holding consolidates its property companies and financial arms
Dubai Holding, one of the Dubai’s largest business conglomerates, said it was consolidating the back-office operations of its property companies and two of its...
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...
DED hosts high-profile Bavarian delegation
1.Delegation reviewed Dubai’s business environment
2.DED shares its role in enhancing the growth of Dubai’s business sector
The Department of Economic Development (DED) presented an overview...
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...
Chinese State Circus at Dubai Festival City extended
The Chinese State Circus show, the highlight of Dubai Festival City events during DSF 2009, will now run till March 1 due to overwhelming...
New residency visas issued on daily basis
The number of working visas being issued in Dubai remains a “net positiveâ€, according to the chief economist in the Dubai government.
Real growth in...
“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...
Salaries Cap for Dubai’s Top Executives?
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Dubai Crown Prince launches Hamdan Bin Mohammed e-university
The first e-university in the Arab region
Dubai Crown Prince HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum launched today the Hamdan Bin Mohammed...
Banks ordered not to publish audited annual accounts
UAE Central Bank ordered all banks not to publish their audited annual accounts or announce any data related to the 2008Â results, according an article...
Dubai property prices decline
The latest report by HSBC stated that Dubai property prices fell 23% last month from their record high in September. Prices for Dubai villas...
Global property sales for the last three months of 2008 down...
Dubai saw sales volume more than double in 2008
Middle East Q4’08 property sales down 62% over Q4’07
Real Capital Analytics, Inc. (RCA) is an independent...
This DSF The World renowned Chinese State Circus checks in to...
Festival Centre kicks off Dubai Shopping Festival with a variety of exclusive and breathtaking entertainment for the whole family
Festival Centre, the heart of...