UAE supportive of Gulf monetary union - Al Attiyah 19/05/2009 – Gulf News – The UAE, which has expressed reservations over a decision to base the Gulf central bank in Saudi Arabia, has however upheld support for monetary union plans in the region,.... Read More UAEs financial strength woos more investors 19/05/2009 – Gulf News – The number of business delegations seriously looking at the country as a place for investment is increasing, senior government officials told Emirates Business.
Ahma.... Read More Salwan leases Al Khail Gate phase 1 19/05/2009 – ame info – Saeed Bushalat, CEO of Salwan Property Management has said in a statement that the company has leased out the 3,835 units of the first phase of the Al Khail Gate Developmen.... Read More ETA Star organises an interactive forum 19/05/2009 – ame info – ETA Star Properties, the leading property developer in the UAE, recently organized an Annual General Body Meeting for the residents of Palladium, located in Jumeirah Lake T.... Read More Abu Dhabi rents continue to fall as capital values drop 19/05/2009 – ame info – Rental returns for villas and apartments across Abu Dhabi have fallen in Q1 2009; however a new report says that these remain attractive as the drop had been in line with a.... Read More Commodore wins $245m Abu Dhabi contract 18/05/2009 – ame info – Abu Dhabi-based Commodore Contracting Company has won an estimated $245m contract to build the new headquarters building for Abu Dhabi’s International Petroleum Investmen.... Read More UAE May Ease Rules on Foreign Investments 18/05/2009 – Khaleej Times – Foreigners in the UAE may soon be able to own 100 per cent of businesses located outside the nation’s economic free zones, under more liberal rules that officials in.... Read More Tamweel may repossess properties in default 18/05/2009 – National – Tamweel, the country’s largest home lender by volume, may become the first to sell repossessed properties once the legal process is complete.
Legal uncertainties ha.... Read More Home loan insurance should be a priority 18/05/2009 – National – The introduction of mortgage insurance might serve to boost home lending and reinvigorate the construction sector throughout the UAE.
The global financial crisis is h.... Read More Dubai property prices to fall 70% from peak 18/05/2009 – ame info – A report on the UAE property sector has concluded that prices for residential property in Dubai may bottom out at between 57% and 70% from the peak levels seen in Q4 2008. .... Read More Dubai to Post 1.5-2 Per Cent Growth: Al Qamzi 18/05/2009 – Khaleej Times – Dubai will post economic growth for this year of between 1.5 and 2 per cent, a top government official said on Sunday, a slightly lower projection than what the emirat.... Read More Sweet Homes won’t drop property prices 18/05/2009 – ame info – UAE developer Sweet Homes, which is building two projects in Ajman, has said it will not drop the prices for its villas and apartments, despite the slump which is seeing pr.... Read More Al Fajer JBC projects move ahead 18/05/2009 – ame info – Al Fajer Properties (AFP) has announced progress in its five towers, having completed the superstructures for Phase 1 on five of its nine towers in Jumeirah Business Centre.... Read More Rixima starts work on DIACs Dh700m project 18/05/2009 – Gulf News – Rixima FZ LLC yesterday started work on a dedicated Dh700 million student accommodation project at Dubai International Academic City (DIAC), the world’s only free zone d.... Read More Most Arab markets edge lower after sharp Saudi decline 17/05/2009 – Arabian Business – Early trading on Gulf sees early losses. (Getty Images)Most Gulf Arab bourses edged lower on Sunday in thin trading after investors had their feathers ruffled by a .... Read More
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