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Michael Fahy

Michael Fahy

Location

Articles

The Riverwalk project is based in SW1 on the doorstep of Buckingham Palace and the Houses of Parliament. Philip Vile
The Dh114m Central London penthouse with a view to a thrill

The Riverwalk project is based in SW1 on the doorstep of Buckingham Palace and the Houses of Parliament

PropertyFebruary 23, 2017
Arabtec gains regulatory approval for capital restructuring plan

Company plans to use use cash raised to wipe accumulated losses of Dh4.6bn, Dh3.5bn of which have been racked up in the last 12 months

BusinessFebruary 22, 2017
Dubai issues new rules for brokers marketing overseas properties in the emirate

There are brokers who are abusing their position by 'selling international properties that may not exist, or may not exist in the form that they are selling them'.

PropertyFebruary 21, 2017
Investment professionals concerned over US energy policy

'While Europe and Asia are more concerned with global trade, in the GCC the concern was more about energy policy,' said Amer Khansaheb, the president of CFA Society Emirates.

BusinessFebruary 21, 2017
Health care was identified as the key investment market by professionals for the first time. Silvia Razgova / The National
Health care usurps real estate as GCC investors’ favoured market in 2017

Amer Khansaheb, the president of CFA Society Emirates, said that it was 'very interesting' that health care was identified as the key investment market by professionals for the first time.

BusinessFebruary 21, 2017
Balfour Beatty sells Middle East operations to Dubai-based joint venture partner

Balfour Beatty’s departure from the Middle East is part of a broader withdrawal from several international markets announced under a strategy unveiled in 2015 after the company had posted a series of disappointing financial results.

PropertyFebruary 21, 2017
Morgan Parker says dozens of meetings with investors are already scheduled. Satish Kumar / The National
Jumeirah Central is a ‘catalyst for a new industry’, says COO

Jumeirah Central, the huge development taking shape in the city, has the potential to turn the emirate into a centre for real estate capital, says its chief operational officer, in much the same way as happened in Singapore.

PropertyFebruary 20, 2017
Jumeirah Central to be showcased in Cannes

Dubai Holding is to present seven projects at Mipim.

PropertyFebruary 20, 2017
Ajman rents dropped by 2 per cent last year. Sarah Dea / The National
Cheaper housing in Dubai suppresses Sharjah and Ajman rents

Landlords in Sharjah are offering monthly rent payments and rent-free periods in a bid to entice new tenants.

PropertyFebruary 20, 2017
Bechtel lands contract to run key Saudi projects body

The deal is to set up a new office that will support structures in other government agencies and unblock the country's project pipeline.

PropertyFebruary 20, 2017
Above, construction work at the night market on Nakheel’s Deira Islands project in Dubai. Christopher Pike / The National
Nakheel chief hopes to attract partners for two more Deira Islands resorts this year

The 5,300-unit, Dh1.57 billion night souq being built alongside a promenade facing the existing Deira shoreline will be ready for traders to fit out their units in the first half of 2018.

PropertyFebruary 19, 2017
Last week the ratings agency S&P said in a report that it expected property prices in Dubai to continue falling. Antonie Robertson / The National
Strong dollar weakens short-term demand for Dubai property

Foreign investment into Dubai's property sector is hurt by a stronger dollar in the short term – but not the long term.

PropertyFebruary 19, 2017
The Trump International Golf Club is located at Damac Hills in Dubai. Courtesy Damac
Trump’s sons in Dubai to open Trump International Golf Club

Two sons of US president Donald Trump have arrived in Dubai to formally open the Trump International Golf Club.

Travel and TourismFebruary 18, 2017
David Wilson, the general manager of the Dubai Palm Jumeirah Waldorf Astoria. Anna Nielsen for The National
Off hours: Waldorf Astoria’s boss likes to keep his weekends as busy as his hotel

Hotel boss likes to keep active either through tennis, golf or dune bashing in a 4x4 or on a moto bike.

BusinessFebruary 16, 2017
Union Properties profit fell by half in 2016

Dubai-listed Developer also sees revenue drop by 23 per cent to Dh1.13 billion.

PropertyFebruary 09, 2017
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