Articles
Dubai mortgage market doubles in size over seven-year period
Mortgages as a percentage of sales activity have now reached 55 per cent, which represents a structural shift towards more mature markets such as the US and UK.
Gulf investors’ appetite for London property remains despite Brexit concerns
HSBC said that it could relocate up to 1,000 jobs to Paris, while Swiss bank UBS has said that about 1,000 of its 5,000 UK jobs could be affected by Brexit.
SME profile: The Dubai tech start-up that has been turning heads in Silicon Valley
Wrappup has developed an app that allows people to easily create, tag and search highlights of recorded meetings.
Disabled code for Dubai buildings on track
Building owners will be given a three-year period in which they will need to produce an accessibility plan.
S&P downgrades Sharjah’s credit rating
Ratings agency cites rising debt-to-GDP ratio and delays to revenue-raising activity as rationale for its action.
Money & Me: The education company marketing manager who has been taught a lesson in finance
Devdeep Guha is currently rebuilding his finances after losing money on a start-up venture.
HLG lands Dh401m contract to build Al Garhoud Towers
The three-tower building will house serviced apartments, one three-star and one four-star hotel.
‘Floating homes’ to be built in phase one of Marasi Business Bay in Dubai
Admares is a specialist in floating construction and built the new Terrace at the front of Burj Al Arab.
Dubai SME ranking system can speed up payments
Firms scoring highly are likely to benefit from greater access to government contracts and more favourable banking terms.
CH2M Hill says latest restructure will cost up to $70 million
The company has said that it expects its new operating model to generate savings of $90 million to $100m per year.
New developer Arada targets UAE’s mid-market housing sector
A joint venture between Sharjah’s Sheikh Sultan bin Ahmed Al Qasimi and Saudi’s Prince Khaled Bin Alwaleed Bin Talal is planning an affordable homes project in Sharjah.
Deyaar set to develop mixed-use project in Dubai South
The agreement will bring forward a 1.27-million-square foot mixed-use scheme that includes residential, retail and hospitality space.
Dubai and Abu Dhabi named as favoured locations by world’s wealthiest homebuyers
Dubai, Abu Dhabi and Kuwait City all make the cut in the world's 50 best cities for wealthy property investors.
UAE to reclaim crown from Saudi Arabia as biggest construction market in region
The UAE would reclaim its crown as the biggest projects market in the region from Saudi Arabia for the first time since 2012, due mainly to budgetary constraints in the kingdom.
