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Liquidity package for Dubai under consideration

Officials from Dubai are approaching the UAE government regarding a loan facility that would make state funds available to companies as international sources of...

Global economy enters recession

According Credit Suisse Group, the financial services company, headquartered in Zurich, Switzerland since 1856, the short-run outlook for the global economy is gloomy and...

Aftershock impact of financial crisis on manufacturing, financial and real estate...

Business ownership structure in UAE differs from that in the Western countries. About 95 per cent of the local companies are small and medium-size family enterprises.

Bargain Property Hunters

Dubai property broker was approached  yesterday by two clients who are ready to purchase property right now. The first one is looking for 2 bedroom...

DED hosts high-profile Nigerian delegation

The Department of Economic Development (DED) presented an overview of Dubai’s current economic growth and investment opportunities to a visiting delegation of more...

The deadline for Dubai developers to register with the Land Department...

In August the Government introduced Law No 13, which regulates initial property registration in Dubai. It aims is to create further consumer ease and...

Crisis Frustration hits the Real Estate Sector

The global recession or depression is well on the way as the financial crisis hits stock markets and banks all over the world and...

Dubai Mall to open on November 4

The new opening date for The Dubai Mall, one of the world's largest shopping and entertainment destinations, is November 4, 2008, reported the Emirates...

Financial Crisis for real

Warren Buffet's tenet: "Be fearful when others are greedy... (and vice versa)" While many will say that the Middle East shouldn’t pretend its not happening,...

Sovereign Wealth Funds could invest as much as $725b in real...

Sovereign Wealth Funds could, potentially, invest as much as $725 billion over the next seven years, states a new report by CB Richard...

Emirates Terminal 3 operational from today

From today, October 14, Dubai Airports begins the phased transition of operations to Emirates Terminal 3 at Dubai International - the new facility dedicated...

New Legal edict on Patent protection in UAE

The legal period of protection valid for a patent will be ten years in UAE, the Legislation and Legal edicts directorate has resolved, reported...

Checking the pulse of the Middle East real estate market

Equity-rich Middle East property developers see increasing real estate opportunities in spite of uncertainty in the global markets, say the organisers of Cityscape Dubai...

Eyecare needed

"I have an eye disease (glaucoma) then it became so bad & i can't see now, & don't have enough money to do a...

Construction update on Vision Tower

 

Interior Ministry calls all “stateless” persons to get applications on Sunday

The Ministry of Interior has enacted flexible procedures to receive streamline registration at the centres recently set up for receiving stateless persons as of...

Why should we hire a real estate agent?

With so much information readily available online, trough magazines and newspapers, one could wonder: "Why should we hire a real estate agent?". We can...

The Lagoons in review

The Lagoons is a mixed-use waterfront project that is being developed by Sama Dubai, international real estate investment of Dubai Holding