Dubai Property Market Fears

 

“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 2008 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...

BenQ and NTS jointly launch attractive year end promotion across the...

Customers in the UAE can now avail BenQ 32 inch (HD ready) & 37 inch Full HD LCD TVs at a ‘record offer price’...

The 3rd anniversary of HH Sheikh Mohammed Bin Rashid as Ruler...

A special documentary on the 3rd anniversary of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President, Prime Minister and Ruler of Dubai taking...

Public Sector to observe national day, Eid Al Adha from 2...

Federal ministries, department and entities will remain closed from 2nd December 2008 (4th Zul Hija 1429) up to 11th December 2008 (13th Zul Hija...

Property sales in Dubai and Abu Dhabi stand still

Real estate Industry shrinks Property Consultants loose jobs Property sales in Dubai and Abu Dhabi have come to a near standstill, according to real estate industry...

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...

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...

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...