Articles
Amazon completes Souq.com deal
Company says integration has already begun, with customers able to use Amazon details for Souq site
Jumeirah Group CEO steps down for personal reasons
Stefan Leser joined the company in January 2016 after former boss Gerald Lawless moved upstairs
Cheaper new homes drag down prices in Dubailand
About a quarter of all homes due for completion in Dubai this year are in Dubailand, Valustrat says.
MAF acquires Retail Arabia - franchise owner of Geant in Middle East
Majid Al Futtaim to rebrand Geant stores as Carrefour outlet
Hill International to project manage Dubai Creek Harbour
Project management company Hill International has announced that it has won a won Dh27.8 million, one-year deal to oversee construction at Emaar Properties’ huge Dubai Creek Harbour scheme.
Takeover of Geant by Majid Al Futtaim is ‘good for UAE shoppers’
Majid Al Futtaim Group’s deal to acquire 26 Geant stores and rebrand them as Carrefour could bring the consumer lower prices, the head of its Middle East franchise group says.
MAF acquires Retail Arabia – franchise owner of Geant in the Middle East
No staff will lose their jobs in the deal that will see 30 stores converted into Carrefour outlets.
E-commerce growth creates investment opportunity in UAE logistics space
However, opportunities for investors to buy in this market remain few and far between
Warehouses benefit from e-commerce
The growth of online shopping is creating investment opportunities in logistics.
Off-plan sales make up half of Dubai property deals
Cheaper prices and generous payment plans drive investor sentiment
Qatar faces possible shortages of building materials after links cut
Qatar has stockpiled supplies of basic building materials but a prolonged economic boycott by the neighbouring countries will disrupt supply.
Fitch says Saudi decision to name new crown prince is big plus for reforms
Rating agency says Prince Mohammed bin Salman’s elevation will renew momentum for his economic agenda.
Dubai residential sales dominated by off-plan purchases
Buyers are taking advantage of increasingly generous payment plans, according to listings portal propertyfinder.ae.
Damac to develop $1bn Muscat port project
The project is being developed over four phases with an anticipated delivery date of 2027
